State Farm® Premier Cash Rewards Visa Signature® Card 3% cash back on insurance premium payments, up to $4,000 spent annually. 2% back at gas stations, drugstores, grocery stores and on dining, including takeout and food delivery service purchases. 1% back on all other purchases.

Pros. You can earn cash back, points or miles on every purchase, and there are a lot of different cards and rewards programs to choose from. You can redeem rewards for money-saving opportunities like travel bookings, statement credits and online shopping credits. Many rewards credit cards don't charge an annual fee.

A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit. It enables customers to make purchase transactions on goods and services.

Unlike most prepaid cards, the U.S. Bank Rewards Card cannot be purchased directly by consumers. U.S. Bank Rewards Cards can be used virtually anywhere because they belong to a major card network. However, you can not take out cash from them. You may only use them for purchases or for paying bills.

State Farm has a great customer service reputation, backed by many positive customer reviews and industry studies. Many positive customer reviews mention the company's affordable coverage for drivers and several discount opportunities and usage-based programs that are available.

U.S. Bank® Banking - State Farm® in alliance with U.S. Bank®

Credit cards generally offer one of three reward structures: cash back, points or miles. The type of rewards you earn depends on the card you have.

While you can always save up your rewards points or cash back, it never hurts to use them for something you really want. Remember, you can always earn more rewards, either by using your card for regular spending or signing up for a new credit card to earn a big sign-up bonus.

The four major credit card networks in the United States are Visa, Mastercard, American Express and Discover. All four are widely accepted within the U.S. Abroad, your best bet may be Visa or Mastercard, because Amex and Discover acceptance lags in some countries.

A credit card is a financial tool that lets you buy products on credit, and you can repay the utilised credit before the due date. To avoid interest, you should repay the credit amount within the due date. Credit cards come with a card limit specified for each variant.

Rewards points

• Cash back.
• Statement credit, which reduces your billing amount.
• Travel.
• Merchandise.
• Online shopping.
• Gift cards or prepaid cards.
• Charitable donations.

The bottom line. Credit card issuers are able to offer lucrative rewards credit cards to cardholders because of the interest and fees they collect from other customers and merchants.