Chase Adds Up to $120 Credit for Peloton to Sapphire Cards
Update 1/10/22: This offer has been extended until June 30, 2022.
Today, Chase announced a new card benefit for Peloton, a leading at-home fitness platform. This gives Sapphire cardmembers new ways to get even more out of their wellness routines. Starting now, Sapphire Reserve cardmembers can connect with the Peloton community and earn up to $120, while Sapphire Preferred cardmembers get up to $60 in statement credits. This credit applies to Digital and All-Access Peloton Memberships, and is the first step in a broader collaboration to provide Sapphire cardmembers more value when using their card with Peloton.
Peloton Digital and All-Access Memberships give cardmembers the option to choose from thousands of on-demand or live fitness classes. It includes indoor cycling, outdoor and indoor running, strength training, yoga and more. It also features curated collections and programs for any fitness level – at home or on the go. Peloton All-Access Members have access to Peloton content through their Peloton Bike or Tread or the Peloton App. If you don’t own a Peloton Bike or Tread, Peloton Digital Members have access to Peloton’s full content library through the Peloton App.
The Offer
The statement credit benefits will be available to new and existing cardmembers and provide access to Peloton’s library of content in the Peloton App. Cardmembers can expect:
- Chase Sapphire Reserve cardmembers:
- Earn up to $120 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021.
- Chase Sapphire Preferred cardmembers:
- Earn up to $60 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021.
How to Sign Up
Cardmembers can activate their Peloton Membership benefit simply by visiting Onepeloton.com/ChaseSapphire and enrolling in an eligible Peloton Membership using their Sapphire card. The statement credits will be applied automatically until reaching the full value offered on your Sapphire card.
Conclusion
This new Peloton credit is in addition to all of the benefits Sapphire cardmembers already enjoy. That includes earning 3x or 2x points on travel and dining purchases. Plus, the recently announced Pay Yourself Back feature has been a huge success. It’s nice to see Chase adding more benefits for cardholders. that can be used while staying home.
Chase also has a big welcome offer of 80,000 Ultimate Rewards points for the Chase Sapphire Preferred card, while the Chase Sapphire Reserve card has a 50,000 points offer, unless you were lucky enough to get this amazing targeted bonus.
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DDG,
Thank you for the news, but for me, this bennie’s snooze. Wish they’d think of a ‘credit’ more people would use. This is one Sapphire holder that I think Chase will soon lose.
A. Poet