BANKING

Credit Protection Summary

Credit protection is an optional feature that modifies the terms of your Cardholder Agreement with State Farm Bank®. Enrollment in the program will not affect our decision to extend credit. The program will cancel your monthly minimum payment due or your total outstanding balance on the date of the event on your statement depending upon the covered event. Covered persons include the primary or co-applicant (the covered persons names must appear on the monthly billing statement on or before the event). Additional information concerning the terms of the State Farm Bank Credit Protection Program are included in the program Welcome Kit.

Enroll Today for Credit Protection

Call 877-SF4-VISA (877-734-8472) to enroll. Within 10 business days, you'll receive a welcome kit including the full terms and conditions of the coverage. The program is available to State Farm® Rewards Visa®, State Farm Crystal Rewards® Visa Signature®, and State Farm® Good Neighbor Visa® credit card customers.

Summary of Covered Events Protection Levels

Premier Credit Protection

Price: 99¢ per $100 of monthly balance

Benefit Terms
Loss of Life Cancel balance up to $10,000
Called to Active Military Duty Up to 12 billing periods
Disability Up to 24 billing periods
Disaster Relief Up to 3 billing periods
Family Leave Up to 3 billing periods
Involuntary Unemployment Up to 24 billing periods
Loss of Primary Residence Up to 6 billing periods
Overnight Hospitalization Up to 1 billing period

Preferred Credit Protection

Price: 74¢ per $100 of monthly balance

Benefit Terms
Accidental Death Cancel balance up to $10,000
Dismemberment Cancel balance up to $5,000
Called to Active Military Duty Up to 12 billing periods
Disability Up to 24 billing periods
Disaster Relief Up to 3 billing periods
Family Leave Up to 3 billing periods
Involuntary Unemployment Up to 24 billing periods
Loss of Primary Residence Up to 6 billing periods
Overnight Hospitalization Up to 1 billing period

Essential Credit Protection

Price: 29¢ per $100 of monthly balance

Benefit Terms
Accidental Death Cancel balance up to $10,000
Dismemberment Cancel balance up to $5,000
Disability Up to 6 billing periods
Involuntary Unemployment Up to 6 billing periods

Summary of Covered Events

If the primary applicant or co-applicant (names of the covered person(s) must appear on the billing statement) experiences any of these covered events, the account will be eligible for protection. You must be enrolled in the State Farm Bank Credit Protection Program prior to the date of the occurrence of an eligible event. There are additional eligibility requirements, conditions and exclusions that could prevent you from receiving benefits under the State Farm Bank Credit Protection Program. Learn more about Credit Protection Eligibility and Requirements.

30-day Trial

You have 30 days from the date you enroll to decide if this program is right for you. If you decide not to continue, simply call and cancel within 30 days of your enrollment date and you will receive a full refund.

How to Cancel Coverage

You may cancel your coverage anytime by calling 877-SF4-VISA (877-734-8472) or by writing to:

State Farm Bank
P.O. Box 87
Deposit, NY 13754-0087

We'll cancel your coverage if your account becomes more than 60 days delinquent. We may also cancel your coverage at any time with at least 30 days advanced written notice.

Additional Questions?

To hear a more detailed description of a covered event or if you have any questions, please call 877-SF4-VISA (877-734-8472).

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