Bloomington, IL,
23
April
2021
|
08:07 AM
America/Chicago

State Farm® and U.S. Bank unveil enhanced rewards as part of new consumer and business credit card offerings

State Farm customers can receive cash back on insurance premium payments and the things they buy every day.

 MINNEAPOLIS (April 13, 2021) – State Farm® customers now have exclusive access to new credit card options thanks to the alliance between the insurer and U.S. Bank, which was first announced in March 2020. U.S. Bank brings many digital enhancements that, paired with the experience and support of State Farm agents, make the three new cards easy to apply for and easy to use.

The credit card product suite offers valuable options for consumer and business customers. Whether a preference for maximizing rewards or enjoying low introductory rates, U.S. Bank and State Farm are making it easy for State Farm customers to find a card that fits their individual needs.

The new cards have no annual fee, enhanced protection for auto, cell phone and more. Benefits include:

  • State Farm® Premier Cash Rewards Visa Signature® Card • Double cash back bonus on cardholder’s first anniversary– up to $300.
  • 3% cash back on insurance premium payments, up to $4,000 spent annually.
  • 2% cash back at gas stations, drugstores, grocery stores and on dining, including takeout and food delivery services.
  • 1% cash back on all other eligible purchases.
    •  State Farm® Good Neighbor Visa® Card
  • Low intro rate for balance transfers and big purchases.

 State Farm® Business Cash Rewards Visa Signature® Card

  • $100 annual credit for business software subscriptions.
  • Low intro rate for balance transfers and big purchases.
  • 3% cash back on insurance premium payments, up to $4,000 spent annually.
  • 3% cash back at gas stations, cell phone service providers, office supply stores and on dining, including takeout and food delivery service purchases.
  • 1% cash back on all other eligible purchases.

“The alliance between State Farm and U.S. Bank is helping meet more customers’ financial services needs in more ways,” said Mike Kish, vice president - State Farm Corporate & Business Development. “State Farm agents are able to understand each customer’s needs and help them select a credit card that best meets those needs. Agents and customers are also able to use U.S. Bank’s digital capabilities to further enhance the experience.”

“U.S. Bank is proud to collaborate with State Farm to offer their customers credit card choices that best fit their individual needs,” said Steve Mattics, executive vice president of U.S. Bank Retail Payment Solutions. “The new State Farm credit cards are an important step in our alliance and reflect our shared commitment to reward customers with the things that matter most to them, and to create amazing digital experiences so that customers can get the most from their credit cards.”

 

About State Farm®:

The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its 19,300 agents and nearly 55,000 employees serve approximately 86 million policies and accounts – which includes auto, fire, life, health, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 39 on the 2021 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.