Banking

State Farm Loyalty Rewards™ FAQ
(Frequently Asked Questions)

State Farm Bank® deposit accounts are FDIC insured.

How do I earn State Farm Loyalty Rewards Points?

You can earn points when you, or an authorized user, use a State Farm® credit card that earns State Farm Loyalty Rewards points to make purchases that are not later returned, charged back, or adjusted. Earned points are calculated on whole dollars spent rounded to the nearest dollar that will earn you a point. No fractional points will be awarded.

If you have a State Farm® Rewards Visa® Card:

  • Earn 1 point for every $1 spent on eligible purchases made with your State Farm® Rewards Visa® credit card.1 For example, you spend $100, you will earn 100 points.
  • Earn 3 points for every $1 spent on insurance premium payments, up to $4,000 annually. 1


If you have a
State Farm Bank® Business Visa® Card:

  • Earn 1 point for every $1 spent on eligible purchases made with your State Farm Bank® Business Visa® credit card.2 For example, you spend $100, you will earn 100 points.
  • Earn 2 points for every $1 spent on eligible travel and office supply purchases. 2
  • Earn 3 points for ever $1 spent on insurance premium payments, up to $4,000 annually.2


If you have a
State Farm® Student Visa® Card:

  • Earn 1 point for every $2 spent on eligible purchases made with your State Farm® Student Visa® credit card.3 For example, you spend $100, you will earn 50 points.
  • Earn 3 points for every $1 spent on insurance premium payments, up to $4,000 annually.3

1 The State Farm® Rewards Visa® : Earn 3 State Farm Loyalty Rewards points for every $1 spent on the first $4,000 of any Net Eligible Insurance Premium Payments made annually. Net Eligible Insurance Premium Payments are insurance premium payments made on your State Farm® Rewards Visa® minus any returns, chargebacks or adjustments deducted from your points balance. The $4,000 threshold will be counted on an annual (January-December) basis. Points are earned based on merchant codes that are assigned to the merchant based on their primary line of business. Purchases without the appropriate merchant code will affect your ability to earn points or the rate at which you earn points. Earn 1 State Farm Loyalty Rewards point for each $1 spent on all other purchases. Balance transfers do not earn State Farm Loyalty Rewards points. Your points do not expire; however, your points may be suspended or you may lose points if your account is not in good standing or is closed.

2 State Farm Bank ® Business Visa ® : Earn 3 State Farm Loyalty Rewards points for every $1 spent on the first $4,000 of Net Eligible Insurance Premium Payments made annually; after that you will earn 1 point for every $1 spent. Net Eligible Insurance Premium Payments are insurance premium payments made on your State Farm Bank ® Business Visa ® minus any returns, chargebacks or adjustments deducted from your points balance. The $4,000 threshold will be counted on an annual (January-December) basis. Points are earned based on merchant codes that are assigned to the merchant based on their primary line of business. Purchases without the appropriate merchant code will affect your ability to earn points or the rate at which you earn points. For every eligible travel and office supply store purchase made with a State Farm Bank® Business Visa® credit card, the primary accountholder will earn 2 points for every $1 spent. Eligible travel purchases include those with a merchant code of Airline Travel, Automobile Rentals, U.S. Railway Passenger Travel, Bus Line Travel, Hotel/Motel Stay and Travel Agencies. Eligible office supply store purchases include those with a merchant code of Office Supply and Stationery Stores, Office Commercial Furniture and Computer Software Stores. All other purchases made on the card will earn 1 State Farm Loyalty Rewards point for each $1 spent. Balance transfers do not earn State Farm Loyalty Rewards points. Your points do not expire; however, your points may be suspended or you may lose points if your account is not in good standing or is closed.

3 The State Farm ® Student Visa ® : Earn 3 State Farm Loyalty Rewards points for every $1 spent on the first $4,000 of any Net Eligible Insurance Premium Payments made annually. Net Eligible Insurance Premium Payments are insurance premium payments made on your State Farm ® Student Visa ® minus any returns, chargebacks or adjustments deducted from your points balance. The $4,000 threshold will be counted on an annual (January-December) basis. Points are earned based on merchant codes that are assigned to the merchant based on their primary line of business. Purchases without the appropriate merchant code will affect your ability to earn points or the rate at which you earn points. Earn 1 State Farm Loyalty Rewards point for each $2 spent on all other purchases. Balance transfers do not earn State Farm Loyalty Rewards points. Your points do not expire; however, your points may be suspended or you may lose points if your account is not in good standing or is closed.

4 Eligible State Farm Bank products include deposit accounts, mortgages and consumer loans. Eligible State Farm products offered by affiliates of State Farm Bank include property and casualty insurance, life insurance, annuities, and mutual funds.

Securities Issued by State Farm VP Management Corp. For more information, call 800-447-4930. AP2015/12/2136

State Farm VP Management Corp. is a separate entity from those State Farm entities which provide banking and insurance products. Neither State Farm nor its agents provide investment, tax, or legal advice.

State Farm Bank, F.S.B., Bloomington, Illinois ("Bank"), is a Member FDIC and Equal Housing Lender. NMLS ID 139716. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and subject to investment risk, including possible loss of principal invested. The 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 877-SF4-VISA (877-734-8472). Callers who are hearing or speech impaired should dial 711 or use a preferred Telecommunications Relay Service.  To apply for a Bank product, you may also see your participating State Farm agent.

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