Current Umpqua Bank Promotions, Bonuses and Offers
Written by
Levi Leidy
Edited by
Emily Gadd
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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.
Like most banks, Umpqua offers promotions to draw in new customers. While these promotions shouldn’t be the only reason you open an account, they do provide extra incentive if you happen to be in the market for a new bank.
Here’s a quick rundown of the promotions Umpqua currently has on tap:
| 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
Umpqua doesn’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.
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
How To Open an Umpqua Bank Account
To start banking with Umpqua, follow these steps:
- Go to Umpqua’s homepage.
- Select “Personal” under the banking options.
- Choose the type of account you’d like to open.
- Choose from the available options within that category.
Do your research before deciding to open a bank account in your name. Make sure you meet the financial requirements for minimum deposits, monthly balances and recurring direct deposits to avoid incurring extra fees later on. You don’t want any banking surprises.
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.
Cynthia Measom contributed to the reporting for this article.
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.
