State Farm Interest Checking
in Checking Accounts from State Farm · Member FDIC
Would you recommend State Farm Interest Checking to your friends?
| Community Rating |
Rating not yet determined |
| Monthly Fee | $0 - $10 |
| ATM Fee: Out-of-Network | $0 |
| Minimum Balance to Avoid Monthly Fee | N/A |
| APY (Annual Percentage Yield) | 0% - 0.10% |
State Farm Interest Checking Review
State Farm Interest Checking is offered by State Farm, a financial services company founded in 1922 and based in Bloomington, IL. State Farm Interest Checking is available in 50 states (and Washington, DC).
- 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.
- No ATM fees. State Farm Interest Checking does not charge fees on ATM transactions.
- ATM fee reimbursements. This account will reimburse you for ATM fees (see terms and conditions for details).
- Bill pay. Pay your bills to practically anyone in the United States through State Farm.
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Are checking accounts from State Farm federally insured?
Yes, your State Farm checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
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 | Amount |
|---|---|
| Minimum Opening Deposit | $0 |
| APY Minimum Balance | $2,500 |
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 | $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:
- ATM reimbursement - This account will reimburse you for any domestic ATM fees.
- Fraud monitoring - State Farm Interest checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
- Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - State Farm Interest checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
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.
Contact
- Headquarters
-
One State Farm Plaza
Bloomington, IL 61701 - (800) 782-8332
- Visit Site
- Email Support
Other Services by State Farm
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| APY Minimum Balance | $2,500 |
| Minimum Opening Deposit | Starting at $0 |
State Farm Interest Checking Community Reviews
Would you recommend State Farm Interest Checking to your friends?
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