State Farm Premier Cash Rewards Visa Signature® Credit Card

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Basic Information

Program ID: state-farm-premier-cash-rewards-visa-signature-card

Issuer: U.S. Bank

Card Type: Credit

Network: Visa

Card Tier: Premium

Data Complete: Yes

Created: 01/15/2026 16:49

Last Scraped: 01/15/2026 16:50

Fee Structure
Annual Fee: $0.00
Year 1 Waived: No
Effective Annual Fee: $0.00
Authorized User Fee: $0.00
Penalty APR: 0.00%
Additional Fees
Late Fee: $40.00
Returned Payment: $40.00
Balance Transfer: Either $5 or 3% of the amount of each transfer, whichever is greater.
Cash Advance: Either $10 or 5% of the amount of each cash advance, whichever is greater.
Foreign Transaction: 0.00%
Interest Rates

Purchase APR Range: 2,124.00% - 2,924.00%

Intro Purchase APR: 0.00%

Intro APR Duration: 15 months

Balance Transfer APR: 2,124.00%

Intro BT APR: 0.00%

Intro BT Duration: 15 months

Cash Advance APR: 2,999.00%

Sign-Up Bonus

Bonus Amount: $100.00

Spending Requirement: $500.00

Time Period: 90 days

Bonus Timing: Bonus cash is typically credited to your account within 6-8 weeks after the qualifying purchases are made and the account remains open and in good standing.

Rewards Program

Reward Type: Cash Back

Base Reward Rate: 1.00%

Bonus Reward Rate: 3.00%

Bonus Categories: 3x State Farm Insurance Premiums (up to $4,000 in annual spend), 2x Gas Stations (up to $4,000 in annual spend), 2x Grocery Stores (up to $4,000 in annual spend)

Point Value Estimate: 0.0100 cents/point

Expiration Policy: Cash rewards do not expire as long as your account remains open and in good standing.

Card Benefits
Protection Benefits
  • Extended Warranty
  • Purchase Protection
Travel Benefits
  • Travel Insurance
  • Primary Rental Protection
  • No Foreign Transaction Fees
Premium Benefits
  • Concierge Service
Approval Criteria

Recommended FICO Range: 700 - 850

Approval Odds Category: Good

Pre-qualification Available

Soft Pull Supported

Hard Pull Bureau: Experian, TransUnion, Equifax

Issuer Rules

Rules: Eligibility requires good to excellent credit (typically 700+ FICO). U.S. Bank's application rules include a 2/12 rule (maximum 2 personal cards opened with U.S. Bank in the past 12 months) and a 1/7 rule (maximum 1 personal card opened with U.S. Bank in the past 7 days). An existing U.S. Bank banking relationship (checking/savings) can significantly aid approval. Welcome bonuses are generally not available to applicants who currently have or have had this specific card, or who have received a bonus for it within the last 24 months. While not a strict requirement, the card is primarily designed for State Farm customers, and having an existing insurance policy or relationship may be beneficial.

Maximum Cards Per Issuer: 5

Minimum Spend Interval: 3 months

Shutdown Risk Triggers: Manufactured spending, rapid application for multiple cards, high cumulative credit limit across U.S. Bank accounts, unusual spending patterns, payment defaults, abuse of rewards programs, suspected fraudulent activity.

International Friendly

User Analytics & Insights
User Ratings

Average Rating: 4.1 / 5.0

Top Positive Feedback:
Excellent cash back on State Farm insurance premiums (3%), good rewards on everyday spending like gas, groceries, and drugstores (2%), and no annual fee. Offers a solid sign-up bonus and a 0% intro APR.

Top Negative Feedback:
Rewards are capped at $5,000 for 3% and 2% categories annually, then drop to 1%. Foreign transaction fees apply. Requires good credit for approval.

Approval Experience Score: 72.0 / 100

Recommended Alternatives
  • Chase Freedom Unlimited
  • Citi Double Cash Card
  • U.S. Bank Cash+ Visa Signature Card

Card Value Score: 80.0 / 100

Est. Annual Rewards: $350.00


User Portfolio Metrics

Avg Portfolio Size: 3 cards

Avg Portfolio Age: 60 months

Store vs Co-brand: 30% State Farm / 70% General

Risk Assessment

Default Risk Group: Low

Predicted Approval Probability: 75.0%

Terms Version Control

Version ID: v1.0