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If buying Peloton equipment is on your to-do list for 2023, you can earn up to 10x Ultimate Rewards with the newest Chase Sapphire Peloton benefits. This partner perk is the next phase of a multi-year partnership between one of the best travel credit cards and the fitness brand.
What’s the Latest Chase Peloton Perk?
Eligible cardholders will earn either 10x or 5x bonus Ultimate Rewards on qualifying Peloton equipment purchases above $250 from February 1, 2023, through March 31, 2025.
For example, a $3,495 purchase will earn 34,950 Ultimate Rewards with the Chase Sapphire Reserve® but only 17,475 points when paying with the Chase Sapphire Preferred® Card.
The equipment categories include:
- Bike
- Tread
- Row
- Guide
It can take 6-8 weeks for the bonus points to post to your Ultimate Rewards account, and you can read the fine print here.
Unlike previous Peloton offers, All-Access and App memberships nor apparel purchases qualify for bonus points or limited-time statement credits.
Related: Chase Sapphire Preferred vs Sapphire Reserve Review
Chase Sapphire Peloton Benefits
Chase Sapphire Reserve cardmembers can earn 10x total points on Peloton equipment and accessory purchases, up to 50,000 total points. Additionally, Reserve card members will soon receive exclusive in-studio opportunities.
The Chase Sapphire Preferred can earn 5x points on Peloton equipment and accessory purchases above $250. It’s possible to earn up to 25,000 points during this promotion.
If you’re still waiting to apply for the Chase Sapphire, these purchases can also help you earn the current signup bonus worth at least $750 in award travel after spending $4,000 within the first 3 months.
Summary
Chase Sapphire members have been enjoying special Peloton privileges since March 2020. This incentive can provide extra motivation to upgrade your home gym while earning some of the most valuable credit card points in the process.
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