The Umpqua Premier Rewards American Express Card has an offer for 10,000 bonus points when you spend $1,000 in the first three months. According to Umpqua Bank, this offer is worth $100 as cash back. See our list for more credit cards such as the Chase Sapphire Preferred® Card.
The Premier Rewards card gives bonus points on a variety of categories:
- 4x points at restaurants
- 3x points at airlines
- 2x points at gas stations
For purchases everywhere else, you’ll earn 1x points. There’s no limit to how many points you can earn.
If you can’t afford to pay $99 a year for a rewards card, consider the Umpqua Visa Real Rewards Card. It doesn’t cost anything to carry and offers 1.5x points on all purchases. Plus, Real Rewards currently has a limited-time 10,000-points welcome bonus.
*Check out Umpqua Bank bonuses for new checking & savings accounts.
|Bonus Available||Get 10,000 bonus points after you spend $1,000 in the first 3 months from account opening.|
|Ongoing Rewards/Benefits||4 points per $1 spent on eligible restaurant purchases.|
3 points per $1 spent on eligible airline purchases.
2 points per $1 spent on eligible gas station purchases.
1 point per $1 spent on all other eligible purchases.
|Foreign Transaction Fees?||No|
|Airport Lounge Access||No|
|Annual Fee||$99, waived your first year.|
*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.
- Welcome bonus
- Unlimited rewards
- No foreign transaction fees
- Annual fee
- Good-Excellent credit needed to qualify
Umpqua Premier Rewards Card 10,000 Bonus Points Offer
As a thank you for signing up, the Umpqua Premier Rewards card is offering 10,000 bonus points. These points are worth $100 (more on that below).
To qualify, charge at least $1,000 to card within three months of opening your account.
Here are some ideas on meeting the spending requirement:
What Are Umpqua Premier Rewards Points Worth?
Although advertised as a points card, the Premier Rewards card acts like a cashback card. Because when it comes time to redeem your Umpqua Premier Rewards points, you only have these two options:
- Cash deposit to a Umpqua Bank checking or savings account
- Statement credit to your credit card account
No matter how you use your points, they’re worth the standard $0.01 apiece. Umpqua Premier Rewards points do expire, so make sure to redeem them within five years.
The Umpqua Premier Rewards card is a solid option for those that tend to spend on dining out, airlines and gas. Especially if you’re already banking with Umpqua Bank, because you can then redeem to a deposit account.
But if your spending does not align with the card’s bonus categories, or you’re looking for a low-cost option, the Umpqua Premier Rewards card won’t be a good fit. Consider a rewards card like Umpqua Visa Real Rewards instead.
What’s The Competition?
Below are some of the top competitors to the Umpqua Premier Rewards American Express credit card you should consider.
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