State Farm Rewards Visa

[aircobra]

I got a mailer this evening from State Farm. Wanting me to sign-up for their Rewards Visa. They're offering $100 statement credit for spending $800 within the first 90 days. The letter gives me a solid APR of 16.24 (I checked to see what the APR is on the card and online it shows 16.24-26.24). The SUB is pretty good and it would be the lowest APR of all my cards.

Wanted to get some feedback on the card if anyone has this one. I wish it told me what the limit would be, since I don't want to apply if it is going to be less than $1000.

[FinStar]

SFB is not known to approve large SLs from the get-go unless you have an excellent credit profile.

IIRC, their lowest SL is around ~$500.00. The average seems to be around $2K or so.

If approved, would you be using the CC for your insurance premiums or ...? Typically , that's where the rewards are more or less worth the effort, if anything.

[CreditCuriosity]

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@FinStar wrote:
SFB is not known to approve large SLs from the get-go unless you have an excellent credit profile.

IIRC, their lowest SL is around ~$500.00. The average seems to be around $2K or so.

If approved, would you be using the CC for your insurance premiums or ...? Typically , that's where the rewards are more or less worth the effort, if anything.

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Echoed what finstar stated they aren't handing out any CL that will drop your jaw.. Alot of 2k-4k approvals that I have seen

[Anonymous]

They aren't inquiry sensitive so I believe members who are seeking more credit get the relatively low credit lines. But I would wonder if you have very few inqs and new accounts if they would be more open to give you a more generous credit line.