State Farm Good Neighbor Visa Credit Card Review

State Farm Good Neighbor Visa Credit Card is a credit card issued by State Farm. If you're wondering whether State Farm Good Neighbor Visa Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• Competitive APRs. State Farm Good Neighbor Visa Credit Card has a variable purchase APR that ranges from 12.74% up to 19.74%.
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. State Farm Good Neighbor Visa Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Accepts cosigners. State Farm is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

State Farm Good Neighbor Visa Credit Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Travel assistance insurance State Farm Good Neighbor Visa Credit Card reports to multiple credit bureaus.	Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee.

Is there a State Farm Good Neighbor Visa Credit Card cash back or rewards program?

No, State Farm Good Neighbor Visa Credit Card does not offer a rewards program.

What are the State Farm Good Neighbor Visa Credit Card benefits?

State Farm Good Neighbor Visa Credit Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for State Farm Good Neighbor Visa Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. State Farm Good Neighbor Visa Credit Card has lower than average purchase APRs.

State Farm Good Neighbor Visa Credit Card has a variable purchase APR that ranges from 12.74% up to 19.74%. The card has a variable balance transfer APR that ranges from 12.74% up to 19.74%. It also has a variable cash advance APR starting at 21.74% .

What are the fees for State Farm Good Neighbor Visa Credit Card?

The following fees apply to State Farm Good Neighbor Visa Credit Card:

State Farm Good Neighbor Visa Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	$38
Late Payment Fee	$38

Does State Farm Good Neighbor Visa Credit Card report your account activity to credit bureaus?

State Farm Good Neighbor Visa Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for State Farm Good Neighbor Visa Credit Card

• Visit the State Farm Good Neighbor Visa Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.