Chase has added refreshed benefits to its previously announced Peloton partnership: Chase Sapphire Preferred® Card and Chase Sapphire Reserve® cardholders can now earn 5X to 10X points on Peloton equipment and accessory purchases through March 2025.
Cardholders previously also received statement credits toward monthly Peloton subscriptions, but that benefit has not been extended.
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Sapphire cardholders can earn bonus points on the purchase of Peloton Bike, Tread, Row and Guide purchases as follows:
- Chase Sapphire Preferred® Card: Through March 31 2025, earn 5X total points on each Peloton Bike, Tread, Row and Guide purchase over $250 with a max earn of 25,000 total points.
- Chase Sapphire Reserve®: Through March 31 2025, earn 10X total points on each Peloton Bike, Tread, Row and Guide purchase over $250 with a max earn of 50,000 total points.
To earn the maximum number of bonus points, you would need to spend $5,000 with Peloton.
Although details are still slim, Chase teased that Sapphire Reserve cardholders should stay tuned for details on additional, exclusive in-studio opportunities for cardmembers.
Sapphire cardholders simply just have to use their eligible Sapphire credit card at checkout to take advantage of this offer. If you don't yet have a Chase Sapphire credit card, this promotion could be a stellar pairing to add even more value to the Chase Sapphire's generous welcome bonus.
Chase Sapphire Preferred® Card
Rewards
$50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining, 3X points on select streaming services and online grocery purchases (excluding Target, Walmart and wholesale clubs), 2X points on all other travel purchases, and 1X points on all other purchases
Welcome bonus
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
Annual fee
$95
Intro APR
None
Regular APR
21.49% - 28.49% variable on purchases and balance transfers
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
Foreign transaction fee
None
Credit needed
Excellent/Good
Terms apply.
Read our Chase Sapphire Preferred® Card review.
Chase Sapphire Reserve®
Rewards
Earn 5X total points on flights and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases plus, 10X points on Lyft rides through March 2025
Welcome bonus
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®
Annual fee
$550
Intro APR
None
Regular APR
22.49% - 29.49% variable
Balance transfer fee
5%, minimum $5
Foreign transaction fee
None
Credit needed
Excellent
Terms apply.
Read our Chase Sapphire Reserve® review.
