Important Account Disclosures

Business Credit Card

Interest Rates and Interest
Annual percentage rate (APR) for Purchases	3.9%Introductory APR through the last day of the sixth billing cycle from account opening After that, your APR will be13.24 - 20.24% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers	13.24 - 20.24% based on your creditworthiness This APR will vary with the market based on the Prime Rate.
APR for Cash Advances	20.24% This APR will vary with the market based on the Prime Rate.
Penalty APR and When It Applies	24.24% This APR will vary with the market based on the Prime Rate. This APR may be applied to your account if you: Make a late payment, or Make a payment that is returned How Long Will the Penalty APR Apply: If your APRs are increased for any of these reasons, the Penalty APR will apply until you make six consecutive minimum payments when due and do not exceed your credit limit during that time period.
Paying Interest	Your due date is at least 24 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.
Minimum Interest Charge	If you are charged interest, the charge will be no less than $1.50.
For Credit Card Tips from the Federal Reserve Board	To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

Fees
Annual Fee	None
Transaction Fees
Balance Transfer	Either $10 or 3% of the amount of each transfer, whichever is greater (maximum fee:$250)
Cash Advance	Either $10 or 4% of the amount of each cash advance, whichever is greater
Foreign Transaction	1% of each transaction in U.S. dollars
Penalty Fees
Late Payment	$15 if the New Balance is less than $500; $39 if the New Balance is $500 or greater
Over the Credit Limit	$39
Returned Payment	$39

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”

Loss of Introductory APR: We may end your Introductory APR and apply the Penalty APR if you fail to make a minimum monthly payment within 60 days after the payment due date.

Additional Account Disclosures: Terms of the account, including APRs and fees, are subject to change in accordance with the terms of the account agreement and applicable laws.
The Prime Rate used to determine your APR (referenced in the table in the accompanying account disclosure) is the highest Prime Rate published in the "Money Rates" table in The Wall Street Journal two business days prior to the Statement/Closing Date for that billing period.

Other Fees Applicable to your Account: Convenience Check (Cash Advance Check) Transaction Fee – 4% of the U.S. dollar amount of the Convenience Check (minimum $10); Statement Reprint fee - $5;; Account Research fee - $15 per hour ($10 minimum; Returned Check Fee - $39 (if we return a Convenience Check unpaid for any reason)

Find Out About Changed Information: The information about rates, fees and other costs disclosed in the accompanying account disclosure is accurate as of November, 2009. This information may have changed after that date. To find out what may have changed, write State Farm Bank®, P. O. Box 84062, Columbus GA 31908-4062 or call us toll free at 1-877-SF4-VISA (1-877-734-8472).

Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Underwriting Standards
State Farm Bank ("Bank") encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting statefarm.com or by contacting the Bank at 1-877-SF4-BANK (1-877-734-2265). To apply for a Bank product, you may also see your participating State Farm agent.

Additional Agreements and Authorizations
By submitting this application, you certify that you are a duly authorized owner(s) and/or officer(s) acting on behalf of the Business applicant (“you”) in applying for a business credit card account with State Farm Bank, F.S.B, Bloomington, IL. You acknowledge that you have reviewed all the information entered on the application and affirm that it is true and complete and that the account will be used solely for commercial or business purposes. You must be at least 18 years of age and a U.S. citizen or permanent resident alien with a valid permanent home address within the 50 United States or the District of Columbia to be eligible to for an account (additional limitations may apply if you are under age 21). You authorize us to obtain one or more credit reports about the Business, its owners and/or officers to determine eligibility for credit, renewal of credit, future extensions of credit or any other legitimate business purpose in connection with this account. We will consider your application for a State Farm Bank Visa Business credit card. We will verify the credit status, income and other information relating to the Business, its owners and/or officers. Based on this information, we determine the actual credit line on your account . We may issue credit on different terms than those you applied for. We reserve the right not to open any account. If an account is opened, you agree that the use of the account, account number, or any card issued in connection with the account constitutes your acceptance of, and is subject to, the terms and conditions of the State Farm Bank Business Credit Card Agreement and Disclosure Statement ("Cardholder Agreement") that will be sent with your card(s). You also acknowledge that your participation in the State Farm Dollars® Rewards Program will be governed by the Program Terms and Conditions, a copy of which will be sent with your card(s). You and the Business agree to be responsible for all charges incurred on the account according to the Cardholder Agreement. In addition, the Guarantor personally and unconditionally guarantees and promises to pay us all debts and obligations arising out of any Account we establish and maintain in the name of the Business, as further described in the Guaranty Agreement included within the Business Credit Card Application. For joint credit card accounts, you are responsible, both together and individually, for the entire outstanding balance on the account. You agree that the Cardholder Agreement and your account are governed by Federal law and by the laws of the State of Illinois to the extent that Federal law is not controlling, and that the Cardholder Agreement is subject to change (including, but not limited to, an increase in rates and fees) in accordance with the provisions of applicable law. The terms described in this application supersede those in all previous applications.

Balance Transfer Terms and Conditions
You agree to allow approximately 30 days to process your Balance Transfer request, pay the amount, and transfer the balance to your State Farm Bank Visa Business credit card account. Interest may begin to accrue on the transferred balance as of the date the balance is transferred to your State Farm Bank Visa Business credit card. Until you confirm that a Balance Transfer has been completed, you should continue to make all required payments on the other account(s). State Farm Bank is not responsible for any fees or interest charges incurred on an account prior to its transfer, nor for any remaining balance or additional charges in the event the payment amount you authorized does not satisfy an outstanding balance. We will not close your other accounts. In the event you wish to close another account after transferring the entire outstanding balance to your State Farm Bank credit card account, you must still contact the other issuer or creditor directly. The minimum individual transfer request that will be honored is $50 and the total amount(s) paid and transferred under this offer is limited to 94% of your total credit line in order to leave part of your line available for Purchases. If you submit concurrent Balance Transfer requests that exceed this transfer limit, we will process your requests from highest to lowest dollar amount, may decline to process one or more requests and will not complete a request by making a partial payment. Your credit card account must be in good standing and State Farm Bank reserves the right to refuse any Balance Transfer request. Balance Transfer requests may not be used to pay any existing balances on any State Farm Bank credit card account, nor can they be processed if made payable to you, an individual, a deposit account, or cash. If you make purchases at any time during a statement cycle in which you have an outstanding Balance Transfer, you must pay the entire New Balance (including the Balance Transfer balance) shown on your account statement by the Payment Due Date in order to avoid accruing Interest charges on those purchases. During any Introductory period, we may terminate any Introductory rate on Balance Transfers if you fail to make a minimum monthly payment within 60 days after the payment due date. Balance transfers do not earn State Farm Dollars.

Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement, or court order applying to marital property will adversely affect State Farm Bank interests unless prior to the time credit is granted, State Farm Bank is furnished with a copy of the agreement, statement or court order, or State Farm Bank has actual notice of the provision.

Married Wisconsin residents must furnish the name and address of their spouse to:
State Farm Bank
P.O. Box 84062
Columbus, Georgia 31908-4062

IMPORTANT DISCLOSURES FOR THE
STATE FARM BANK® CREDIT PROTECTION PROGRAM

Please carefully review the disclosures below for important information about the program.

Your Enrollment is Optional: Your purchase of the State Farm Bank Credit Program is optional. Whether or not you purchase the State Farm Bank Credit Protection program will not affect your application for credit.

Program Fee: The monthly fee for the State Farm Bank Credit Protection Program is based on your account balance each month multiplied by the unit-cost which is $0.74 per $100.

Cancellation of the Credit Protection Program: You have the right to cancel the State Farm Bank Credit Protection at any time and for any reason by calling or writing State Farm Bank or the program administrator. State Farm Bank has the right to cancel the State Farm Bank Credit Protection Program if: (1) your account becomes more than 60 days delinquent; or (2) at any time and for any reason by giving you written notice of cancellation at least 30 days in advance.

Eligibility Requirements, Conditions and Exclusions: There are eligibility requirements, conditions and exclusions that could prevent you from receiving benefits under the State Farm Bank Credit Protection Program. You may find a complete explanation of eligibility requirements, conditions, and exclusions in sections 3 through 12 of the State Farm Bank Credit Protection Terms and Conditions that will be included with your account fulfillment materials.