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State Farm is known for the auto, life, and homeowners policies they issue everyday, but most people unless dealing with them personally know that they have their own bank. The State Farm Bank issues credit cards, has checking and savings accounts, and has fixed rate CD opportunities. I guess when they say "Like a good neighbor, State Farm is there®" the mean in a lot of different ways. Although I don't like all my neighbors, I think that the State Farm Platinum Rewards Visa® Credit Card is a good product. The card does not carry a great balance transfer rate (2.9% Intro APR), but the total offer is a sturdy one. One of the main features of the State Farm Platinum Rewards Visa® Credit Card is the State Farm Dollars® program.
Platinum Rewards Visa® cardholders are eligible for the benefit known as "State Farm Dollars." At the end of each account cycle, as Platinum Rewards Visa cardholder, you earn a full 1% on every purchase. For the first 30 days after the account is opened, earn 2% in State Farm Dollars on insurance premium payments when you use your new card. Returned merchandise will be deducted from the amount of new purchases.The account statement will show the amount of dollars: