State Farm Interest Checking
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| Community Rating |
Rating not yet determined |
| Cashback Rewards | N/A |
| APY (Annual Percentage Yield) | 0% - 0.10% |
| Monthly Fee | $0 - $10 |
| Minimum Balance to Avoid Monthly Fee | N/A |
State Farm Interest Checking Review
State Farm Interest Checking is offered by State Farm, founded in 1922 and based in Bloomington, IL. State Farm Interest Checking is available in 51 states across the USA.
- Higher than average APY. State Farm Interest Checking has an annual percentage yield of up to 0.10%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $2500.
- Charges a monthly fee. This account charges a monthly service fee of up to $10.
- No minimum initial deposit. There is no minimum balance required to open an account.
| Pros | Cons |
|---|---|
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Are checking accounts from State Farm federally insured?
No, your State Farm checking accounts are not insured by a federal insurance agency. This means that if State Farm were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.
What APY does State Farm Interest checking account offer?
State Farm Interest checking account offers an APY starting at 0% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $2500.
| Rates | Amount |
|---|---|
| APY (Annual Percentage Yield) | 0% - 0.10% |
What are the account minimums for State Farm Interest checking account?
State Farm Interest checking account does not require a minimum initial deposit.
| Description | |
|---|---|
| Minimum Balance to Earn APY | $2,500 |
| Minimum Opening Deposit | Starting at $0 |
What fees does State Farm Interest checking account charge?
This account charges a monthly service fee of up to $10.
| Description | |
|---|---|
| ATM Fee: In-Network | $0 |
| Debit Card Replacement Fee | $0 |
| Early Account Closure | $0 |
| Foreign Transaction Fee (Debit Card) | 3% |
| Monthly Fee | $0 - $10 |
| NSF Fee | $25 |
| Online Bill Pay Fee | $0 |
| Overdraft Item Fee | $25 |
| Overdraft Protection Fee (per transfer) | $3 |
| Paper Statement Fee | $5 |
| Returned Deposit Fee (Domestic) | $10 |
| Returned Deposit Fee (International) | $10 |
| Stop Payment Fee | $25 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - Domestic (Outgoing) | $15 |
| Wire Transfer Fee - International (Incoming) | $15 |
| Wire Transfer Fee - International (Outgoing) | $35 |
| ATM Fee: Out-of-Network | Starting at $0 |
Does State Farm Interest checking account charge overdraft fees?
Yes, State Farm Interest checking account charges a $25 fee for every overdraft.State Farm Interest checking account offers overdraft protection at a cost of $3 per transaction.
What features and perks does State Farm Interest checking account offer?
This account includes the following features:
What is the customer support email for State Farm Interest checking account?
The customer support email for State Farm Interest checking account is support@statefarm.com.
How do people rate the customer service and user experience of State Farm Interest checking account?
Overall, State Farm Interest checking account is strongly recommended based on community reviews that rate customer service and user experience.
Message From State Farm
Contact
- Headquarters
-
One State Farm Plaza
Bloomington, IL 61701 USA - Visit Site
- Email Support
Other Services by State Farm
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
| Minimum Balance to Earn APY | $2,500 |
| Minimum Opening Deposit | Starting at $0 |
State Farm Interest Checking Community Reviews
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