Chase Sapphire Card Earn up to 10x points on Peloton purchases for a limited time

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• Chase Sapphire Preferred® Card and Chase Sapphire Reserve® Cardholders can earn significant bonus points on eligible Peloton equipment purchases through March 2025.
• Chase Sapphire Reserve® earns 10x points on purchases over $250. Get a 5x bonus with the Chase Sapphire Preferred® card.
• This promotion applies to equipment and accessories only. Peloton All Access Memberships, App Memberships and apparel purchases are not eligible.
• Read Insider’s guide to the best credit cards.

If you have a Chase Sapphire Reserve® or Chase Sapphire Preferred® card, you have a new opportunity to earn up to 10x Chase Ultimate Rewards® points on your Peloton purchases.

This isn’t the first time we’ve seen a peloton promotion from Chase. There was a similar deal in 2021, but with a much higher minimum purchase, which made it much more accessible this time around.

Here’s what you need to know about the new Chase Sapphire Peloton promotion.

Here we focus on the rewards and perks that come with each card. These cards are worthless if you are paying interest or late fees. When using a credit card, it is important to pay the balance in full each month, make payments on time, and only spend what you can afford.

Earn up to 10x points when you buy Peloton with your Chase Sapphire card

Through March 2025, Sapphire Reserve and Chase Sapphire Preferred cardholders can earn bonus points on eligible Peloton purchases. Here’s how it works:

• Sapphire Reserve: Earn 10x points on $250 or more of Peloton equipment and accessories. The maximum points you can earn is 50,000 points.
• Chase Sapphire Preferred: Earn 5x points on purchases of $250 or more on Peloton equipment and accessories.Maximum points earned is 25,000 points

It’s important to note that Peloton All Access Memberships, App Memberships, and apparel purchases are not eligible for Bonus Points, even if the spend is over $250. The only Peloton items eligible are the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Row and Peloton Guide. That said, if you’ve already purchased one of these products, you’re getting a good deal of points.

for example:

• Peloton Bikes starting at $1,445 (includes free shipping and setup). Earn 14,450 points (10x) when you spend with Sapphire Reserves. Earn 7,225 points with Chase Sapphire Preferred.
• Peloton Bike+ starts at $2,495. This equates to 24,950 points in the Sapphire Reserve and 12,475 points in the Chase Sapphire Preferred.
• Peloton treads start at $3,495, so you’ll earn 34,950 points on the Sapphire Reserve and 17,475 points on the Chase Sapphire Preferred.
• The Peloton Guide starts at $295, so you can earn 2,950 points on the Sapphire Reserve. Chase Sapphire Preferred He Scores 1,475 Points
• Peloton Rows starts at $3,195, so you can earn 31,950 points in Sapphire Reserve and 15,975 points in Chase Sapphire Preferred.

Considering that Chase Ultimate Rewards points are worth an average of 1.8 cents each, based on Insider’s points and miles rating, that’s a pretty healthy rate of return. For example, according to Insider’s rating, his Peloton Bike, purchased at Sapphire Reserve, earned him 14,450 points, which is worth about $260 for the trip.

If you don’t have one of these cards yet but are thinking of applying to take advantage of this promotion, read our Chase Sapphire Preferred card review and Chase Sapphire Reserve credit card review to find out which card is right for you. Feel it. you. Compare the Chase Sapphire Preferred and Reserve cards to learn more about their differences.