Bloomington, IL,
08:07 AM

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 19,200 agents and 57,500 employees serve approximately 85 million policies and accounts – which includes auto, fire, life, health, commercial policies and financial services accountsCommercial auto insurance, along with coverage for rentersbusiness ownersboats 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. 36 on the 2020 Fortune 500 list of largest companies. For more information, please visit


About U.S. Bank

U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of Dec.31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partner. This commitment continues to earn a spot on the Ethisphere Institute’s World’s Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action. Visit for more.