Umpqua Bank Promotions, Bonuses and Offers
Written by
Levi Leidy
Edited by
Melanie Grafil, M.A., CHFC™
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Umpqua Bank is a regional bank with locations in Oregon, Washington, California, Idaho, Nevada, Arizona, Utah and Colorado. Founded in 1953, Umpqua is the largest bank headquartered in the Pacific Northwest, with more than 300 branches and over $50 billion in total assets.
In March 2023, Umpqua was acquired by Columbia and a full name change occurred in July 2025. The promotions below cover the bank’s offerings just before the unification of the brands.
Like most banks, Umpqua offered promotions to draw in new customers. While these promotions shouldn’t be the only reason you open an account, they provide extra incentive if you happen to be in the market for a new bank.
Here’s a quick rundown of the promotions Umpqua had:
| Account | APY | Expiration Date |
|---|---|---|
| Thrive Money Market Special | Up to | APY subject to change |
| Premium Personal Money Market Special | Up to | APY subject to change |
| Certificate of Deposit | Up to | APY subject to change |
Current Umpqua Bank Promotions
Just before the unification, Umpqua didn’t have a savings or checking account promotion this month, but you’ll find great rates for savings products such as certificates of deposit and money market accounts. The information below reflects the data just before.
Thrive Money Market Special: Up to
A money market account can help you earn more interest on your savings account. This account has a $10 service charged that is waived if you maintain a $1,000 daily balance.
- Minimum deposit to qualify: $100,000 minimum account balance for the highest rate
- Expiration date: APY subject to change
- How to get it: Apply and fund your account.
- When you’ll get it: Your account will start accruing interest once your deposit has cleared.
- Promotion page: Thrive Money Market
Premium Personal Money Market Special: Up to
Like the name suggests, this is for customers that have more money to put into a savings account. The opening deposit for this account is $100,000.
- Minimum deposit to qualify: $100,000 minimum account balance for the highest rate
- Expiration date: APY subject to change
- How to get it: Apply and fund your account.
- When you’ll get it: Your account will start accruing interest once your deposit has cleared.
- Promotion page: Premium Personal Money Market Special
Certificate of Deposits: Up to
Umpqua offers many different CD terms to chose from. The best rate is for the 7 month special at , but the 11, 12 and 13 month come in pretty close at .
- Minimum deposit to open: $1,000
- Expiration date: APY subject to change
- How to get it: Apply and fund your account.
- When you’ll get it: Your account will start accruing interest once your deposit has cleared.
- Terms and conditions: There is an early withdrawal penalty.
- Promotion page: Certificate of Deposit
Are Umpqua Bank Promotions Worth Switching For?
If you live in the bank’s service area and enjoy community-focused banking, Umpqua might be a good fit. You can also check back in the coming months to see if there are any new Umpqua offers for opening other types of accounts.
If none of the above accounts seem like a good fit for you, there are also a number of other banks offering promotions this month.
FAQs on Umpqua Bank Bonus Offers
- How long does it take to receive a new account bonus?
- If you qualify for Umpqua's current bonuses, you'll get it within six to eight weeks of meeting the requirement.
- Can existing customers qualify for these promotions?
- No, the current promotions are only for new customers.
- What happens if I close my account early?
- You won't get the bonus.
Cynthia Measom contributed to the reporting for this article.
Note: The promotions discussed above were offered prior to Umpqua Bank’s brand unification with Columbia Bank and are no longer available.
Additional requirements may apply. Offers and terms are subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
This article has been updated with additional reporting since its original publication.
