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The Umpqua Cash Rewards American Express Card has an offer for $25 bonus cash when you make your first card purchase. Although it’s not the best bonus we found, it’s very easy to obtain. See our list for more credit cards such as the Capital One® SavorOne® Cash Rewards Credit Card.
There’s not much to the Umpqua Cash Rewards card, but it does offer cash back on all your purchases:
- 3% cash back at gas stations (capped at $6,000 spent annually)
- Unlimited 2% cash back at supermarkets
- Unlimited 1% cash back everywhere else
If you don’t often spend at gas stations and supermarkets, the Cash Rewards card won’t be a good fit. Have a look at the Umpqua Real Rewards Card instead. It’s also a no-annual-fee card, but it earns a flat rate of 1.5x points on all purchases.
*Umpqua Bank also offers bonuses on new checking & savings accounts.
| Bonus Available | Get a $25 cash back reward bonus after your first card purchase. |
| Bonus Value* | $25 |
| Ongoing Rewards/Benefits | 3% cash back on the first $6,000 in eligible purchases made each year at gas stations. 2% cash back on supermarket purchases. 1% cash back on other everyday purchases. |
| Foreign Transaction Fees | 2% in USD 3% in foreign currencies |
| Annual Fee | $0 |
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
Terms Apply
Recommended Credit Score (Get Your Free Score)
PROS
- No annual fee
- Welcome bonus
CONS
- Good-Excellent credit needed to qualify
- Limited 3% bonus category
- Foreign transaction fees
CAPITAL ONE® SAVORONE® CASH REWARDS CREDIT CARD
The Capital One® SavorOne® Cash Rewards Credit Card has a $200 bonus when you spend $500 on purchases within 3 months of account opening. This card has no annual fee. The annual-fee version of this card is the Capital One® Savor® Cash Rewards Credit Card.
This SavorOne card earns unlimited 3% cash back on dining and entertainment spending. Grocery store spending earns 2% cash back. All other purchases earn 1% cash back. There are no rotating categories to worry about and the cash back won’t expire while the account is open.
Umpqua Cash Rewards Card $25 Bonus Cash Offer
Right now, the Umpqua Cash Rewards card is offering $25 bonus cash as a thank you for signing up. To qualify, simply charge your first card purchase to your card. There is no spending requirement or time limit to worry about.
Earning Umpqua Cash Rewards
All purchases made with your Umpqua Cash Rewards card earn a base rate of 1% cash back. You’ll earn an additional 1% back at supermarkets. And an additional 2% back at automated fuel dispensers and service stations, on up to a maximum of $6,000 spent in a 12-month period. All gas station purchases after that will earn the base rate of 1% cash back.
Redeeming Umpqua Cash Rewards
When you’re ready to use your Umpqua cash rewards, you have two options:
- Cash deposit to an Umpqua Bank deposit account
- Statement credit to your credit card account
You have five years to redeem your Umpqua cash rewards before they expire.
Bottom Line
If you tend to spend at gas stations and supermarkets, the Umpqua Cash Rewards card could be a good fit. Especially if you already bank with issuer. But if your spending covers a wide variety of categories, you’ll want a flat-rate rewards card like the Umpqua Real Rewards Card.
What’s The Competition?
Below are some of the top competitors to the Umpqua Cash Rewards American Express credit card you should consider.
CAPITAL ONE® QUICKSILVER® CASH REWARDS CREDIT CARD
The Capital One® Quicksilver® Cash Rewards Credit Card will earn a $200 bonus when you spend $500 on purchases within the first 3 months. The bonus offer is comparable to its top competitors, but this card earns a respectable 1.5% cash back on every purchase with no limit on how much you can earn. There are no spending categories to keep up with and the cash back won’t expire while the account is open.
People like this card because of the cash back rate, the flexibility to redeem your cash back for any amount, and there’s no annual fee.
CAPITAL ONE® VENTUREONE® REWARDS CREDIT CARD
The Capital One® VentureOne® Rewards Credit Card has an offer for 20,000 bonus miles after you spend $500 on purchases within 3 months. We value these 20k bonus miles at around $280.
This card has no annual fee. The annual fee version of this card is the Capital One® Venture® Rewards Credit Card, with better features.
The VentureOne Rewards card offers unlimited 1.25X miles on all purchases. You can redeem for statement credits for travel and gift cards. Another option is to transfer miles to airline partners. Read more on this here.
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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.