Non-standard Credit Card Assessment Thread

[yungermanchik]

This thread is not for all the regular Chase/AmEx/Discover etc. Cards.

This is for the random cards from businesses that may (or may not) be worthwhile for people to get.

Post the card details and hopefully others will give their input In other words convince the poster why to or NOT to sign up for the card..

Use the Following Format:
Name:
Issuing Company/ Bank
Annual Fee:
Sign Up Bonus:
Points/Cash Back earning rates:
0% APR Deal:
Additional Benefits:

[yungermanchik]

To start:

Name: State Farm Premier Cash Rewards
Issuing company/ bank: State Farm/ US Bank
Annual Fee: None
Sign Up Bonus: $200 Cash Back after $1000 spend
Points/Cash Back earning rates: 3% insurance payments up to $4K spent annually, 2% gas & EV charging stations drugstoresgrocery stores and dining, 1% all other purchases.
0% APR Deal: 15 months purchases + balance transfers (fee applies)
Additional Benefits: $200 Auto Deductible Reimbursement, $600 Cell Phone Protection

[CountValentine]

What about CU's (credit unions)? Will that cause a religious discussion? 

[yungermanchik]

What about CU's (credit unions)? Will that cause a religious discussion? 

Most definitely would. (a disclaimer to ask your LOR may mitigate it somewhat)

[yungermanchik]

To start:

Name: State Farm Premier Cash Rewards
Issuing company/ bank: State Farm/ US Bank
Annual Fee: None
Sign Up Bonus: $200 Cash Back after $1000 spend
Points/Cash Back earning rates: 3% insurance payments up to $4K spent annually, 2% gas & EV charging stations drugstoresgrocery stores and dining, 1% all other purchases.
0% APR Deal: 15 months purchases + balance transfers (fee applies)
Additional Benefits: $200 Auto Deductible Reimbursement, $600 Cell Phone Protection

Can someone convince me why this is or isn't worthwhile?

[Spoon]

Can someone convince me why this is or isn't worthwhile?

Iirc the t&c excludes NY for CB on insurance payments

[dealmaster]

Can someone convince me why this is or isn't worthwhile?

I only see the value for someone who has high insurance premiums. Otherwise 1 extra point for insurance, lousy 2% categories, and 1% on everything else is pretty poor. Why not double cash, PayPal, td double up, fidelity or Wells Fargo 2% across the board? Just my 2 cents, but you asked for it!

[ExGingi]

Can someone convince me why this is or isn't worthwhile?

What do you find attractive about it?

Is the 3% back only on State Farm insurance payments or any insurance payments?

I have US Bank Cash+, I don't recall what the SUB was but they have quarterly selectable 5% categories (up to $2,000 per quarter) which includes Utilities as one of the options.

Getting the cash back used to be simpler when I signed up with them, a little more of a nuisance now (I opened a US Bank checking account which is free when combined with the CC), and each time I have to put in the routing number and account number to get the cash into the account.

[yungermanchik]

I have US Bank Cash+, I don't recall what the SUB was but they have quarterly selectable 5% categories (up to $2,000 per quarter) which includes Utilities as one of the options.

SUB is the same $200 for $1000 spend, thanks for the suggestion.

[CountValentine]

Is the 3% back only on State Farm insurance payments or any insurance payments?

Any purchase coded as insurance.

[yochai]

I know this is off topic, but couldn’t resist posting from a few years back on DDF.

[TzviR]

I know this is off topic, but couldn’t resist posting from a few years back on DDF.

Based on the SUB alone I would say its worth it 

[Lurker]

Based on the SUB alone I would say its worth it 

Do you have any idea how much 2L bottles are going for these days?? I wonder if there's an in-person MBM.