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Chase Sapphire Cardholders can earn extra rewards when purchasing new Peloton equipment and accessories. The Chase Sapphire Reserve® and J.P. Morgan Reserve card both earn 10X total points, and the Chase Sapphire Preferred® Card earns 5X total points on Peloton purchases through March 2025. This is good news for cardholders looking to get in shape this year with Peloton.
Peloton Rewards for Chase Sapphire Cardholders
Chase has had a partnership with Peloton for some time now. In 2021, Chase offered a $120 statement credit for Peloton memberships to Sapphire cardholders. That promotion was extended to June 2022 but has now expired. However, the 5X or 10X total points are available once again. This time around, the elevated earnings began on February 1, 2023.
Through March 2025, Sapphire Preferred cardholders get 5X total points on Peloton purchases. Sapphire Reserve and J.P. Morgan Reserve card cardholders get 10X total points on Peloton purchases. In order to get this earning rate, cardholders must spend a minimum of $250. And cardholders can earn bonus points on up to $5,000.
These Chase rewards are available on all Peloton guides and equipment, including the Bike, Bike+, Tread, and Row. At the time of this writing, prices range from $295 to $3,820.
Note that Peloton apparel, All-Access memberships, and app memberships are not eligible for these rewards. This is because as they are below the $250 threshold. It is unclear if you can include those when purchasing a guide or equipment above $250.
Terms and Conditions
- This promotion runs through March 31, 2025.
- Sapphire Reserve, Sapphire Preferred, and J.P. Morgan Reserve card cardholders can take advantage of this promotion.
- Sapphire Reserve cardholders can earn a maximum of 50,000 total points with this promotion ($5,000 spending)
- Sapphire Preferred cardholders can earn a maximum of 25,000 total points with this promotion ($5,000 spending)
- Bonus points will post to members' accounts within 6-8 weeks after an eligible purchase.
If you're a Chase Sapphire cardholder and have been considering picking up some Peloton equipment, now is your chance to claim back great rewards.
Now, we just have to wait and see if another Peloton membership promotion comes along.
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