Peloton Bike And Chase Sapphire

Maximize Your Peloton and Chase Sapphire Rewards: A Step-by-Step Guide

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Get the most out of your Peloton and Chase Sapphire collaboration. Discover all about the rewards and benefits of this partnership with this guide

Do you have a long-held desire to join Peloton but lack the motivation? If you have a Chase Sapphire card or are in a financial position to obtain one, this is a great place to start.

Chase Sapphire and Peloton have teamed up to offer their customers an additional advantage: credit statements on both Peloton Unlimited and digital memberships. You can earn multiple points by purchasing a bike, or a bike plus.

It’s time to start to love it! Let’s dive deeper into this amazing news.

Chase Sapphire with Peloton

In a press release, Chase Sapphire stated that they are interested in the health and well-being of their cardmembers in 2020. They decided to partner up with Peloton, one of the most popular home fitness companies.

Peloton specializes in home fitness. They offer live and on-demand classes. You can also use their treadmills and bikes for home exercise, making it even more convenient. You can also get an all-access Peloton membership for $39 per month with the equipment. You can also opt for a digital membership.

You don’t even need a tread or bike from Peloton to take part in the peloton workouts. The company offers digital membership that allows you to access both live and recorded workouts, without the need for a tread or bike from Peloton. You can start by paying $12.99 per month for the digital membership.

With a Chase Sapphire card you get a good deal of money back for every membership subscription you get.

Statement credits in the amount of $120 are available to Chase Sapphire Reserve card holders. They can be used to pay for your subscription up until December 31, 2021. You also get $120 worth of credit statements if you use the J. P Morgan Card.

What if your Chase Sapphire Preferred card is available? You get credit statements worth 60 USD and other benefits.

How does the Chase Sapphire cards work with Peloton memberships?

Chase Sapphire cards are available for both the All-Access membership and the Peloton digital membership.

The statement credits on your card will automatically apply to Unlimited Peloton memberships. These memberships are worth $39 each month.

Unfortunately, the statement credits cannot be used to purchase the bike or the plus. However, this does not mean you won’t gain anything from buying the bike and/or bike plus. You will receive ten times more points if you use the Chase Sapphire Reserve and JP Morgan cards. Peloton purchases can earn you up to 50k points

You will receive five times your bike purchase points value when you use the Chase Sapphire Preferred Card. You can earn up to 25000 points by using the card.

Your purchase must be at least $1400. The best thing is that the peloton bike is the cheapest at $1495. This means that even if you buy the most expensive Peloton equipment, you can still gain points.

You may also have a tread or bike from another brand. The good news is that the Peloton offer can still be used. The digital app can be used by anyone with or without Peloton gear.

You will receive 30 days of free membership after you sign up for the digital app. After 30 days, your Chase Sapphire card statement credit will be used to pay the subscription.

What Can You Gain from the Chase Sapphire Peloton Partnership when Buying from Peloton?

Yes, you can. You can. The Peloton Chase Sapphire partnership benefits not only subscriptions, but also when you buy from Peloton. You can’t use the statement credit to purchase from Peloton but you get more points on you card.

You will receive 10x the points you normally get when you use the Chase Sapphire Reserve card for equipment worth 1400 USD and more. The Chase Sapphire Preferred card will give you 5x the points for the same value as the equipment you purchase, starting at $1400

The Chase Sapphire points are also valid until December 31, 2022, which is a great deal for Peloton equipment buyers. However, subscription members can only use the statement credits on their cards until December 31st 2021.

Final words

Peloton Chase Sapphire is a partnership that ensures Chase Sapphire members get more out of their Peloton membership. It encourages more members, which is becoming increasingly important with the passage of time.

The best thing about the program is that most Peloton users have already benefited from it. Many users are already participating in #SapphireSquad on all Pelotons platforms. Would you like to join them, then? You can join the platform.

Frequently Asked Questions

What’s the deal?

Chase Sapphire and Peloton have partnered to offer eligible customers a new benefit in fitness.

Chase Sapphire Reserve and J.P. Morgan Reserve customers can receive up to $120 in credit on eligible Peloton memberships until June 30, 2022. Chase Sapphire Preferred customers can receive up to $60 in credit on eligible Peloton memberships through June 30, 2022.

Eligible Members include:

  • Peloton App membership managed by Peloton (memberships bought through third-party apps stores are not eligible). The Peloton app membership gives you access to thousands live and on-demand classes from anywhere with or without equipment. You can choose from running, cycling, walking, Bootcamp and strength classes, as well as outdoor (audio-only). The Peloton App can be accessed on any compatible Apple, Android, Amazon, or web-enabled device.
  • Peloton All Access Membership: This membership is purchased with the purchase of a Peloton product such as the Bike, Tread or Tram. All-Access Membership gives you full access to all classes, content, features, and videos on one Peloton product. It also allows for access to the Peloton App as long as your All-Access Membership is active.

If I am new to Peloton, how do I sign up for this offer?

Click here to register as a new Peloton app member. You can use your Sapphire Reserve, Sapphire Prefer, or J.P. Morgan Reserve card. This offer does not apply to memberships purchased via third-party apps stores (e.g. Apple App Store, Google Play App Store). Statement credits for the monthly membership fee will be automatically applied to your credit card statement after your 30-day free trial. Offer ends 06/30/22.

You must first purchase a Peloton connected fitness product before you can sign up for an All-Access membership. Ensure that you use your J.P. Morgan Reserve or Sapphire card to pay for the All Access Membership. Your All-Access membership will start once your product has been delivered. Statement credits will automatically be applied until June 30, 2022.

Are you eligible?

If you hold a valid Chase Sapphire Reserve or Chase Sapphire Preferred credit card issued by JPMorgan Chase Bank N.A., you are eligible. FDIC Member For details on which Peloton purchases are eligible to receive the statement credit, see “What’s The Offer?”

What can I do to take advantage of this offer, if I am already a Peloton app member?

Step 1. Step 1.

  • Check your Apple and Google Play subscriptions to verify that your membership is being managed by a third party.

Step 2a. Step 2a. Memberships purchased through third-party apps stores like Apple Play or Google Play will not be eligible for these benefits.

  • To cancel your existing membership, please refer to .
  • Click here to enroll in a Peloton app membership (managed by Peloton), using a Chase Sapphire Reserve or J.P. Morgan Reserve eligible card. Your profile and workout history will be transferred if you login with the same email address as your previous membership.

Step 2b. Step 2b.

  • To sign in to your account or to update your card file, click here
  • To add your Chase Sapphire Reserve, Sapphire Preferred or J.P. Morgan Reserve cards as default payment methods, click on ‘Update Payment.
  • To save your changes, click ‘Add Card.

What can I do to take advantage of this offer, if I am already a Peloton All Access Member?

You should make sure that your Chase Sapphire Reserve or J.P. Morgan Reserve card are set as default payment. See the steps below.

  • To sign in to your account or update your card file, click here
  • To add your Chase Sapphire Reserve, Sapphire Preferred or J.P. Morgan Reserve cards as default payment methods, click on ‘Update Payment.
  • To save your updates, click ‘Add card’

I had a Peloton app membership, but I cancelled it. Can I still avail this offer?

Yes, you can take advantage of this offer by clicking here to reactivate your Peloton app Membership using your eligible Chase Sapphire Reserve or J.P. Morgan Reserve cards. Your membership history will be restored if you use the same login credentials.

What are the requirements to receive the statement credit within consecutive months?

Nope! The statement credit can be redeemed in any number of consecutive months. If you cancel your membership, you can re-enroll later.

  • Sapphire Reserve, J.P. Morgan Reserve: Up to $120 from 06/30/2022
  • Sapphire Preferred: Up to $60 through 06/30/2022

What happens when I redeem my entire statement credit?

Once you have redeemed the entire amount of your statement credit, your All-Access or Peloton membership will still be charged. To cancel your membership at any time, please click to learn how.

How can I ensure that my Chase Sapphire card defaults to my preferred payment method?

  • To sign in to your account or update your card file, click here
  • To add your Chase Sapphire Reserve, Sapphire Preferred or J.P. Morgan Reserve cards as default payment methods, click on ‘Update Payment.
  • To save your updates, click ‘Add card’

What happens if my payment method changes or my Chase Sapphire Reserve or J.P. Morgan Reserve card is removed from my account?

This exclusive Peloton benefit can only be availed when you use your Chase Sapphire or J.P. Morgan Reserve card as your default payment method for your All-Access Membership or Peloton App.

If you choose to stop using these cards as your default payment method, you will not be eligible for the statement credit benefits.

I have a Chase Sapphire card that is eligible, but I don’t see my statement credits. What should I do?

Your statement credit(s) will be posted to your account on the same day that your qualifying Peloton transaction posts. They will also appear on your monthly credit card bill within 1 – 2 billing cycles.

Chase Support should be contacted if you don’t see your statement credit in your statement within the first or second billing cycle. The number is on the back of your credit cards.

What devices are available to access the Peloton App

Peloton App is available on Apple iOS, Android and Roku compatible devices. It can also be accessed on the Peloton webplatform.

My account has multiple authorized users. Is the benefit applicable to multiple memberships?

Peloton Membership fees that are eligible for the benefit will be covered, regardless of whether they originate from different authorized users. The amount of your statement credit does NOT increase for every additional authorized user. You will still receive $120 back for Chase Sapphire Reserve or J.P. Morgan Reserve accounts, and $60 back for Chase Sapphire Preferred accounts.

What happens if I upgrade my Peloton app membership to an All Access Membership?

It’s not a problem! No problem! You can still receive the statement credit towards your monthly fees up until your credit expires or is used.

How can I cancel my Peloton membership?

  • Peloton App members: Click Here for instructions on how to cancel your Peloton App membership.
  • Peloton All Access Members:
    • Login to your account’s Members page by Clicking here
    • Please click the link below to access your active All Access Membership.
    • Click “Cancel membership”
    • Confirm cancellation