Jump to content

Sign in to follow this  
XScottX

State farm rewards card

Recommended Posts

Got an offer in the mail, pre-approved. Anyone have one? Nothing about it seemed special, but thought I'd ask here, in case I missed something 

Share this post


Link to post
Share on other sites

There was a very lengthy thread here many years ago...card left much to be desired unless you were a State Farm customer, and even then, it was not much to write home about.  As I recall, many reported them being stingy with limits and line increases.  Hard pulls for a line increase as memory serves...

 

I doubt much has changed.

Share this post


Link to post
Share on other sites

I have State Farm homeowners insurance. I've thought about State Farm Bank but never applied for any accounts. I can't think of anything this online bank has that is compelling. Since I'm thinking about another bank I may want an account with, plus I might go for the Apple/Goldman Sachs MasterCard this summer, I don't want to hit my credit reports and ChexSystems with any more new account activity.

Edited by Burgerwars

Share this post


Link to post
Share on other sites

I still have one of their cards. I think I got one CLI years ago. Other CLI attempts have been denied due to lack of use. I think my limit is $3k. 

 

On in the positive side, they do occasionally have special casback offers and decent BT offers.  I recently used a no fee, 3.9% interest BT offer. I paid it off before the statement cut and was charged no interest.

Share this post


Link to post
Share on other sites

I bit the bullet and applied for the State Farm Bank Good Neighbor Visa credit card.  I already have State Farm homeowner's insurance and a State Farm Bank checking account.  After applying I got a message that my application was being reviewed.  A bit later, on the same day, I logged onto State Farm (you have one user ID for insurance and banking) and I saw a message on top that my credit card application has been approved.  I don't know my limit, but will know when my card arrives in about 7 business days.  For the credit card, they did a hard TransUnion inquiry.  To open the checking account, there's no hard credit inquiry, but they probably did a Chexsystems.  To apply for the credit card, you already need to be a State Farm insurance or bank customer.  

 

 

Edited by Burgerwars

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines