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The Chase Sapphire Peloton partnership is a game-changer for fitness enthusiasts and rewards lovers alike.
Through this exclusive partnership, Chase Sapphire cardmembers can enjoy a 3-month free trial of Peloton Digital, which normally costs $12.99/month.
By linking their Chase Sapphire card to their Peloton account, cardmembers can also earn 1X points on all Peloton purchases, including equipment and digital memberships.
Benefits of the Chase Sapphire Peloton
The Chase Sapphire Peloton offer is a great way to earn bonus points on your Peloton purchases. Through March 31, 2025, you can earn 10 points per dollar spent on eligible Peloton Bike, Tread, Row, or Guide purchases if you have the Chase Sapphire Reserve.
You'll need to spend a minimum of $150 to qualify for bonus points, and you can earn a maximum of 50,000 points ($5,000 in purchases) throughout the promotional period.
If you have the Chase Sapphire Preferred Card instead, you can earn 5 points per dollar spent, with a minimum of $150 and a maximum of 25,000 bonus points through this promotion.
You must buy your equipment directly from Peloton and charge the entire purchase to your Sapphire Reserve or Sapphire Preferred. Peloton payment plans don’t qualify.
Other Peloton purchases, such as membership fees or apparel, cannot earn bonus rewards.
Sapphire Reserve cardholders also had the chance to book an experience over the Formula 1 Las Vegas Grand Prix weekend last November, which included a strength class held by Peloton instructors, followed by a rooftop brunch.
Classes and events, when available, can be found under the “Experiences” tab of the Ultimate Rewards website and may be paid for with your eligible Sapphire credit card or by redeeming Ultimate Rewards points at 1 cent per point.
Peloton Offer Details
You can earn bonus Chase Ultimate Rewards points when purchasing Peloton equipment, but only if you have a Chase Sapphire card.
The promotion is valid through March 31, 2025, and you must spend a minimum of $150 to qualify for bonus points.
If you have the Chase Sapphire Reserve, you'll earn 10 points per dollar spent on eligible Peloton purchases, with a maximum of 50,000 points.
For the Chase Sapphire Preferred Card, you can earn 5 points per dollar spent, also with a maximum of 25,000 bonus points.
You must buy your equipment directly from Peloton and charge the entire purchase to your Sapphire card.
Peloton payment plans don't qualify for the bonus points, and other Peloton purchases, such as membership fees or apparel, cannot earn bonus rewards.
Statement credits toward Peloton memberships are no longer available, but Chase and Peloton have partnered to offer exclusive in-person classes and events.
These events, when available, can be found under the “Experiences” tab of the Ultimate Rewards website and may be paid for with your eligible Sapphire credit card.
You don't need to register or enroll for the offer, it's automatically available to Chase Sapphire cardholders.
Bonus points will be posted to your account within six to eight weeks after your purchase.
Peloton Partnership and Events
Chase and Peloton partnered in October 2020, marking the beginning of a long-term collaboration.
In the past, Sapphire Reserve cardholders could receive up to $120 in statement credits toward Peloton membership, but those offers have now ended.
Sapphire Reserve cardholders also had the chance to book an experience over the Formula 1 Las Vegas Grand Prix weekend last November, which included a strength class held by Peloton instructors, followed by a rooftop brunch.
Classes and events, when available, can be found under the “Experiences” tab of the Ultimate Rewards website and may be paid for with your eligible Sapphire credit card or by redeeming Ultimate Rewards points at 1 cent per point.
Future details on “exclusive in-studio opportunities for cardmembers” are coming, according to Chase.
Workout and Meet-and-Greet
The Workout and Meet-and-Greet event is a unique experience that Peloton cardholders can look forward to.
A live, 30-minute Peloton Bodyweight Strength class will be held on the Las Vegas strip, featuring instructors Selena and Becs.
Cardholders will have the chance to say hi to the instructors at a post-class meet and greet, which will likely make for some cool photos on the strip.
Peloton Partnership
Chase partnered with Peloton in October 2020, marking the beginning of their collaboration.
Initially, Sapphire Reserve cardholders could receive up to $120 in statement credits toward Peloton membership and 10X points on Bikes and Treads, while Preferred cardholders could receive up to $60 in credits and 5X points on eligible purchases.
These offers are no longer valid.
The new offer, which runs through March 31, 2025, requires a minimum spending of $150 to qualify for bonus points.
You can earn a significant points balance if you're looking to add new Peloton equipment to your home gym.
Chase also notes that future details on "exclusive in-studio opportunities for cardmembers" are coming, so be on the lookout for additional ways to enjoy Peloton with your Sapphire card.
Frequently Asked Questions
Does Chase still pay for Peloton?
No, Chase no longer pays for Peloton, but cardmembers can earn 10x total points on eligible Peloton purchases through March 31, 2025. Check the partnership details for more information on this limited-time benefit.
Sources
- https://account.chase.com/sapphire/reserve/benefits
- https://www.forbes.com/advisor/credit-cards/chase-peloton-offer/
- https://theclipout.com/new-chase-sapphire-reserve-peloton-event/
- https://www.cnbc.com/select/chase-sapphire-peloton-membership-credit/
- https://www.bankrate.com/credit-cards/news/chase-sapphire-peloton-offer/
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