State Farm Premier Cash Rewards Visa Signature®
- Annual Fee
- $0
- cash back · Welcome Bonus
- $150
- Top Rate
- 3%
Terms checked against the issuer on October 10, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- 3%
- Network
- Visa Signature
- Rewards Currency
- Cash
- Point Valuation
- 1¢ (cash back)
- Credit Required
- Excellent
Welcome Offer
Bonus: $150 cash back
Spend: $500
Period: 3 months
Earning Rates
- 3%
Insurance
3% cash back on insurance premium payments, up to $4,000 annually
Cap: $4,000/annual
- 2%
Dining
2% cash back on dining.
- 2%
Drugstores
2% cash back at drugstores
- 2%
Gas Stations
2% cash back at gas stations and electric vehicle charging stations
- 2%
Electric Vehicle Charging
2% cash back at gas stations and electric vehicle charging stations (EV charging row: same tier as gas, per the issuer's wording)
- 2%
Grocery Stores
2% cash back at grocery stores
- 1%
All Other
Benefits & Perks
Insurance & Protections
2 protectionsUp to $600 cell phone protection
$600
Reimbursed up to $600 if your eligible cell phone is stolen or damaged, when you pay your monthly cell phone bill.
Up to $200 auto deductible reimbursement
$200
Reimburses up to $200 of your auto policy deductible on a covered loss, if you made 8+ net purchases with this card in the prior month.
Dining Out
2% cash back at restaurants
$2 back on a $100 dinner
No annual fee
Explore 5,512 New York restaurants with this cardStack a dining program
Rakuten Dining
5% back at 20,618 participating restaurants, on top of this card's 2%, once you join and link this card.
+$5
cash back, or ≈$5.50 as points
More on a $100 dinner
Reviews & Analysis
The Math: Is $0 Worth It?
First-year value includes $150 welcome bonus
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$0
Net Annual Value
+$0
Details & Terms
Payment Terms
| Purchase APR | 17.74%–30.74% (Variable) |
| Cash Advance APR | 30.74% (Variable) |
| Foreign Transaction Fee | 3% |
Media & Resources
Card Design
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| RewardsCC API | — | RewardsCC API |
| Issuer Page | Issuer Page: Multiple card facts | |
| Issuer Page | Issuer Page: Welcome offer | |
| U.S. Bank Official | U.S. Bank Official |
