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Chase Sapphire Peloton Offer: Get up to 50,000 bonus points with your Peloton equipment purchase

The Chase Sapphire Reserve® Peloton offer gives you up to an additional 50,000 points on your purchase of Peloton equipment. The Chase Sapphire Preferred® offers a similar promotion, where you can earn up to 25,000 points.

Whether you’ve lusted after the Tread+ since the original Tread+ was discontinued in May 2021, and finally plan to get one or you’re looking at a new Peloton bike or rower, putting your purchase on your Sapphire Preferred or Sapphire Reserve card will get you the most rewards possible. Here’s what you need to know.

How the Chase Peloton offer works

The Chase Sapphire Preferred® and Chase Sapphire Reserve® both offer bonus points on Peloton equipment and accessory purchases over $150 through March 31, 2025. With the Chase Sapphire Preferred® card, you’ll get 5x points and with the Chase Sapphire Reserve®, you’ll get 10x points. Here are some examples of how many points you could get with each purchase. (Prices were current at the time of publication.)

Peloton equipment purchasedChase Sapphire Preferred®Chase Sapphire Reserve®
Earns 5x bonus points, up to 25,000 points through March 31, 2025.Earns 10x bonus points, up to 25,000 points through March 31, 2025.
Peloton Bike+
$2,495
12,475 bonus points24,950 bonus points
Peloton Bike
$1,445
7,225 bonus points14,450 bonus points
Peloton Tread+
$5,395
25,000 bonus points50,000 bonus points
Peloton Tread
$2,995
14,975 bonus points29,950 bonus points
Peloton Row
$2,995
14,975 bonus points29,950 bonus points
Points for Peloton equipment purchases with a Chase Sapphire Preferred® or Chase Sapphire Reserve®

But you don’t have to purchase Peloton’s newest equipment to get a bonus. Any purchase made at onepeloton.com over $150 should trigger the bonus. This means you can get a Chase Peloton bonus on refurbished equipment and accessories as well.

Yes, you can use the bonus multiple times.

The Chase Sapphire Preferred® has a maximum bonus of 25,000 points and the Chase Sapphire Reserve® has a maximum bonus of 50,000 points for the duration of the promotion. Unless you’re purchasing a new Tread+, you’re not likely to run into this cap in a single purchase.

That means you can continue to use your Chase Sapphire card for all of your Peloton purchases through March 31, 2025 and earn bonus points, up to the promotion cap on each card.

Combine with a new cardmember welcome offer to earn even more rewards.

If you don’t already have a Chase Sapphire Reserve® or Chase Sapphire Preferred® card, you can get a new card and earn a new cardmember welcome bonus for even more points. New cardmember welcome bonuses require spending a certain amount on the card to earn the bonus, but a large Peloton purchase can get you most of the way there. Here are the current new cardmember welcome bonuses on the Chase Sapphire cards.

Chase Sapphire Reserve® welcome bonus details

Chase Sapphire Reserve® offer: 75,000 bonus points after $4,000 of spending in 3 months. (Annual fee: $550)

Chase Sapphire Reserve® card art

bonus_miles_full (Get this welcome bonus.)

Limited time offer. This welcome offer was recently increased from 60k. Rewards are earned as Chase Ultimate Rewards® points

Best-in-class travel insurance. Airport lounge access. Point transfers to partners. 50% more value for redemptions through Chase Travel℠.

This is an affiliate link.

Chase Sapphire Preferred® welcome bonus details

card_name welcome bonus:

bonus_miles_full

Click here to learn more and apply.

Our take on the welcome bonus: It’s been almost a year since we saw a larger welcome bonus on the Chase Sapphire Preferred®. The current bonus is the standard bonus available online. You might be able to get an offer for 10,000 points more by applying in-branch.

The link above is our affiliate link. We always show you the best offer, and this is the best offer we know about on this card.

Chase Sapphire Preferred® Card card art

Chase Sapphire Preferred® Card at a glance:
Annual fee: $95
Rewards: 5x hotels and car rentals through Chase Travel℠. 3x dining. 3x streaming. 3x online grocery. 2x other travel. 1x other purchases.
Benefits: Premium travel insurance benefits. 25% more value on travel redemptions. Point transfers.

How to earn points on Peloton purchases with Chase Sapphire Preferred® and Chase Sapphire Reserve®

Chase has partnered with Peloton to provide a bonus for Peloton equipment and accessory purchases charged to the Chase Sapphire Preferred® and Chase Sapphire Reserve®. You can get up to 5x points on Peloton purchases over $150 with the Chase Sapphire Preferred® and up to 10x points with the Chase Sapphire Reserve®. Additional points on Peloton purchases are available through March 31, 2025.

Here are the terms and conditions from Chase’s website. You can see that you’ll earn points on up to $5,000 of total purchases when you use your card to purchase equipment and accessories directly from Peloton through March 31, 2025.

Chase extended warranty: Another reason to take advantage of the Peloton Chase offer

Getting up to $750 in travel rewards from your Peloton purchases is a great reason to put your new Peloton equipment purchase on your Sapphire card. But there’s another reason you will want to use your Chase card for your purchase. Both the Chase Sapphire Preferred® and Chase Sapphire Reserve® offer the Chase Extended Warranty benefit.

The Chase Extended warranty gives you an extra year of warranty protection on original manufacturer’s warranties up to 3 years. The warranty on your Peloton equipment provides different amounts of coverage depending on what fails. Most equipment frames come with a 5 year warranty, which would not be eligible for extended warranty coverage, but motors and screens often come with warranties of 3 years or less, which the Chase Extended Warranty benefit would extend.

My experience with the Chase Peloton offer

We preordered our Peloton Tread+ and received it in April. We used a new Chase Sapphire Reserve® card for the purchase, which means we were able to double-dip and get 10x points from the Sapphire Reserve® Peloton offer and have the spending count toward a new cardmember welcome bonus. We got 50,000 points from the Chase Peloton offer and and another 60,000 points from the then-current Sapphire Reserve welcome offer, which we can use for $1,650 worth of travel through Chase Travel℠.

Getting value from the cards.

Buying new Peloton equipment with a new Chase Sapphire Preferred® or Chase Sapphire Reserve® is one of the few times when it might be worth getting a new credit card solely for a single purchase. But you can get plenty of value from these cards if you travel. Indeed, many people find that it is worth paying the annual fee. Here’s a quick overview of the value that these cards offer.

Chase Sapphire Preferred®Chase Sapphire Reserve®
Earning Points5x – Travel booked through Chase
5x – Lyft rides through March 31, 2025
2x – All other travel purchases
3x – Dining, including eligible delivery and takeout
3x – Select streaming services
3x – Online grocery purchases
1x – Other purchases
10x – Hotels and car rentals booked through Chase
5x – Flights booked through Chase
5x – Lyft rides through March 31, 2025
3x – All other travel purchases
3x – Dining, including eligible delivery and takeout
1x – Other purchases
Redeeming pointsPoints are worth 1 cent each for cash back.
Use points for 25% more value for travel.
Transfer option to travel partners.
Points are worth 1 cent each for cash back.
Use points for 50% more value for travel.
Transfer option to travel partners.
Travel benefits$50 Ultimate Rewards hotel credit$300 travel credit
Airport lounge access: Chase Sapphire Lounge by The Club and Priority Pass
Global Entry, or TSA PreCheck®  or NEXUS fee credit
Annual fee$95$550
Point earning and benefit comparison of Chase Sapphire Preferred® and Chase Sapphire Reserve® cards

More on the cards

Here’s a bit more info on the cards that have a Peloton equipment and accessory purchase bonus.

More on the Chase Sapphire Reserve® card

Chase Sapphire Reserve® card art
Chase Sapphire Reserve®

The Chase Sapphire Reserve® Card is Chase’s flagship travel card offering increased rewards, transferable points, airport lounge access, an annual travel credit and a robust suite of travel insurance protections. The card has an annual fee of $550.

The card earns increased points on a variety of travel and other categories of spending. When you book hotels and car rentals through Chase Travel℠, you’ll earn 10 points per dollar using the Sapphire Reserve. Flights booked through Chase Travel℠ earn five points per dollar. You’ll also earn three points per dollar on restaurants and on all other travel after the first $300 (which is automatically reimbursed thanks to the card’s annual travel credit.) Finally, the card earns one point per dollar on all other purchases.

The Sapphire Reserve is loaded with additional benefits. First, you’ll get an annual travel credit toward the first $300 of travel expenses you charge to the card. The card includes airport lounge access to Chase’s network of lounges. You’ll also get Priority Pass lounge access, including access to the Chase Sapphire Lounge by The Club. When traveling, you’ll get one of the most comprehensive suites of travel insurance protections available on a credit card, including trip cancellation/interruption insurance, primary auto rental collision damage waiver insurance, lost luggage reimbursement, and trip delay reimbursement. Finally, holding the Sapphire Reserve card makes all of your Ultimate Rewards points even more valuable. You’ll be able to redeem them for 1.5 cents each toward travel through Chase Travel℠ or transfer your points to airline and hotel partners.

More on the Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card card art
Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is one of Chase’s flagship rewards cards. It offers elevated rewards in useful categories like travel, online grocery, dining, and select streaming services and best-in-class travel insurance protections. The Chase Sapphire Preferred® carries an annual fee of $95.

The card offers rewards of three points per dollar in several categories, including online grocery, select streaming providers, and dining. When you purchase travel through Chase Travel℠, you’ll earn five points per dollar. All other travel earns two points per dollar. Finally, the card also offers increased rewards for Lyft rides (5x) and Peloton purchases.

The Sapphire Preferred features travel insurance benefits like primary rental car insurance, baggage delay insurance and trip delay reimbursement coverage, making it an excellent choice to use for booking travel. Most importantly, the card offers transfers to Chase’s useful suite of travel partners, plus 25% increased value for your rewards when you redeem them for travel through Chase Travel℠.

Frequently asked questions

Can I get the Chase Peloton offer if I already have a Sapphire Reserve or Sapphire Preferred?

Yes. Existing cardmembers are eligible to receive this offer.

What is the maximum number of points I can earn?

You can earn up to 25,000 bonus points on Peloton purchases with the Chase Sapphire Preferred® and up to 50,000 bonus points with the Chase Sapphire Reserve®.

Can I change my Peloton equipment purchase to my Chase card?

If you have not yet received your new Peloton equipment, you can change the card that will be charged for your equipment to your Chase Sapphire card. Contact Peloton customer service, who can assist you with changing your payment card.

Can I get bonus points on my Peloton membership?

The Chase Peloton bonus only applies to purchases of accessories and equipment made at onepeloton.com. It does not apply to your monthly membership fee.

About the author

  • Aaron Hurd

    Aaron Hurd is a credit card, travel rewards, and loyalty program expert. Over the past 15 years, he has authored over a thousand expert contributions published by leading outlets including WSJ, TIME, Newsweek, Forbes, NerdWallet, The Points Guy, Bankrate, CNET, and many others. He has also served in consulting roles for many of these same outlets, designing content strategy, hiring teams of teams of editors and contributors, developing thought-leadership pieces, and ghost-editing for senior editors. Aaron is well-known in the miles and points community and regularly presents about travel rewards at conferences like the Chicago Seminars and Minnebar. Aaron has enjoyed the game of optimizing credit card rewards since getting his first credit card shortly after he turned 18. He started learning about credit cards and travel rewards from the (now defunct) FatWallet Finance forums and FlyerTalk. He holds more than 40 open credit cards and has first-hand experience with almost every major credit card product.

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