State Farm Business Cash Rewards Visa Signature Credit Card Review 2025

• State Farm Business Cash Rewards Visa Signature Credit Card Introduction
• Quick Facts
• What Is the State Farm Business Cash Rewards Visa Signature® Card Best For?
• State Farm Business Cash Rewards Credit Card Rewards
• Introductory Rates
• Other State Farm Business Cash Rewards Card Benefits
• Fine Print
• How the State Farm Business Cash Rewards Credit Card Stacks Up
• Is the State Farm Business Cash Rewards Visa Signature Credit Card for You?
• Methodology

It’s rare for a credit card to offer insurance premiums as one of its bonus categories, but the State Farm® Business Cash Rewards Visa Signature® Card* is a prominent exception. Cardholders earn 3% cash back on insurance premium payments, up to $4,000 spent annually, 3% cash back at gas and EV stations, cell phone service providers, office supply stores and on dining purchases and 1% cash back on other purchases.

Note that purchases classified as insurance qualify for the bonus earnings, not just those made with State Farm. Also, all the card’s bonus categories earn the same 3% rate. That’s an improvement over State Farm’s consumer rewards card, the State Farm Premier Cash Rewards Visa Signature® Card*, which earns just 2% on its noninsurance bonus categories.

The State Farm Business Cash Rewards card could also save you money should you, unfortunately, need to make an auto insurance claim. Cardholders who experience a covered loss can receive up to $200 in deductible reimbursement if they made at least eight net purchases in the month prior to the loss.

While many business credit cards offer an intro APR for purchases, the State Farm® Business Cash Rewards Visa Signature® Card* stands out by also extending its offer to balance transfers. New cardholders can get a 0% intro APR on purchases and balance transfers for the first 12 billing cycles, then a standard APR of 18.24% - 27.24% variable applies. Balance transfer fee of 3% of the amount of each transfer, $5 min. applies.

Other benefits available with the State Farm Business card include an annual $100 software credit with qualifying purchases, cellphone protection and purchase security. The card also doesn’t charge foreign transaction fees. While that’s a fairly standard perk for business travel cards, it’s one that’s often missing from cash-back business cards.

So what are the downsides? For one, it doesn’t offer a welcome bonus. Also, since the card earns cash back, there’s less redemption flexibility than business cards which earn points transferable points.

• Earn 3% cash back on insurance premium payments, up to $4,000 spent annually, 3% cash back at gas and EV stations, cell phone service providers, office supply stores and on dining purchases and 1% cash back on other purchases.
• Auto deductible reimbursement of up to $200
• $100 software subscription credit on eligible products after 11 months of consecutive service
• Cellphone protection and purchase protection benefits

The State Farm® Business Cash Rewards Visa Signature® Card* is best for earning elevated rewards on insurance and a few other spending categories. It’s also one of the limited options available to business owners who are on the hunt for a balance transfer intro APR offer. If you drive around town for work, you may appreciate the boosted rewards on gas and the available auto deductible reimbursement. However, those whose business travels often require flights, hotels and rental cars may prefer a card that offers transferable rewards or more robust travel protections.

Earning Rewards

The State Farm® Business Cash Rewards Visa Signature® Card* earns cash back at the following rates:

• 3% cash back on insurance premium payments, up to $4,000 spent annually
• 3% cash back at gas and EV stations (transactions of $200 or less), cell phone service providers, office supply stores and on dining purchases
• 1% cash back on other purchases

Rewards are earned automatically. Rewards expire after three years at the end of the calendar quarter in which they were earned.

Redeeming Rewards

Cash back with the State Farm® Business Cash Rewards Visa Signature® Card* is redeemed as a statement credit, deposit to a savings or checking account or as a U.S. Bank Rewards card starting at a minimum redemption of $25.

Rewards Potential

Forbes Advisor uses data from various government agencies to determine both baseline income and spending averages across various categories. We base our sole proprietorship or small business numbers on the 70th percentile of wage earners who bring in $118,438 annually and spend about $39,337 on credit cards.

State Farm® Business Cash Rewards Visa Signature® Card* Rewards Potential

Category	Earning Rate	Estimated Annual Spend	Estimated Annual Earnings
Insurance Premium Payments (Up To $4,000 Spent Annually)	3%	$2,022	$60.66
Dining, Gas Stations, Cellphone Service, Office Supply Stores	3%	$12,157	$364.71
All Other Purchases	1%	$25,158	$251.58
			Total: $676.95

See More See Less

Annual earnings could reach $676.95 for card members. But remember, redemption options are limited.

The State Farm® Business Cash Rewards Visa Signature® Card* offers a 0% intro APR on purchases and balance transfers for the first 12 billing cycles, then a standard APR of 18.24% - 27.24% variable applies. Balance transfer fee of 3% of the amount of each transfer, $5 min. applies.

• $100 software subscription credit. A $100 allowance for software subscriptions after 11 consecutive months of eligible software subscription charges to the card
• Cellphone protection. Up to $600 in theft and damage protection if the phone bill is paid with the card
• Purchase security. 90 days of protection is automatically guaranteed when eligible purchases are made with the card
• Personal ID theft protection. Up to $5,000 in coverage for expenses in restoring identity after it’s been stolen

Interest Rates

• Regular APR: 18.24% - 27.24% variable
• Purchase intro APR: 0% introductory APR for the first 12 billing cycles
• Balance transfer intro APR: 0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening

Fees

• Annual fee: $0
• Balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater.
• Foreign purchase transaction fee: $0

State Farm® Business Cash Rewards Visa Signature® Card* vs. Ink Business Cash® Credit Card

The Chase Ink Business Cash® Credit Card earns 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year and 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases. Based on your spending habits, these rewards may or may not be better than the State Farm® Business Cash Rewards Visa Signature® Card* for your particular business.

The additional benefits of the Ink Business Cash are fairly comparable to the State Farm Business card, with similar purchase protections. In addition, extended warranty protection, auto rental collision damage coverage and travel emergency services are among the perks available with the Ink Business Cash. The Ink Business Cash® Credit Card gains a significant advantage by offering a welcome bonus: Earn $350 bonus cash back after spending $3,000 on purchases in the first three months and an additional $400 after spending $6,000 on purchases in the first six months after account opening.

State Farm® Business Cash Rewards Visa Signature® Card* vs. Ink Business Unlimited® Credit Card

Chase’s Ink Business Unlimited® Credit Card earns 1.5% cash back rewards on every business purchase, you’re not limited to certain categories. It also has a solid welcome offer: Earn $750 bonus cash back after spending $6,000 on purchases in the first three months from account opening. While the State Farm Business Cash can’t match that, those with spending patterns that fit in the State Farm card’s 3% categories may find it to be the more rewarding long-term choice.

State Farm® Business Cash Rewards Visa Signature® Card* vs. The American Express Blue Business Cash™ Card

The American Express Blue Business Cash™ Card offers a 0% intro APR on purchases for 12 months from the date of account opening, then a 17.49% to 27.49% variable APR applies (Terms apply, see rates & fees). Unlike the State Farm Business Card, the Blue Business Cash’s intro APR doesn’t extend to balance transfers. However, it could offer better rewards for businesses with high expenses in areas that don’t fall within common credit card bonus categories since it earns 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.

The Blue Business Cash Card offers similar consumer benefits to the State Farm® Business Cash Rewards Visa Signature® Card*, including purchase protection¹. But you’ll also receive an array of business-friendly perks like auto rental collision damage waiver² and specialized Amex Offers like presale tickets and access to exclusive events. Thanks to its simple earning structure, the Blue Business Cash card can be a winner for just about any small business that spends under $50,000 per year.

With attractive cash-back bonus categories, insurance-specific benefits and a hard-to-find balance transfer intro APR offer, the State Farm® Business Cash Rewards Visa Signature® Card* could appeal to a variety of business owners. Just know you’ll need to look at other business cards if you’re hoping to receive a welcome bonus offer or you prefer to earn transferable rewards.

The State Farm® Business Cash Rewards Visa Signature® Card* was graded according to Forbes Advisor’s rankings methodology for business cash-back cards. We consider a variety of criteria when assigning a rating to cash-back business cards, including:

• Estimated annual earnings
• Annual fees
• Welcome bonus offers
• Intro APR offers
• Regular APR
• Foreign transaction fees
• Additional cardholder benefits

We give greater weight to the card features we believe cardholders will use most frequently. These factors combine to generate a star rating for each card.

To learn more about our rating and review methodology and editorial process, check out our guide on how Forbes Advisor rates credit cards.

To view rates and fees for The American Express Blue Business Cash™ Card please visit this page.
¹Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
²Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.