In the coming months, both cards will offer increased points for eligible Peloton purchases.
What if training equipment is not appealing? Chase has also expanded or optimized some of the existing ones Pandemic-related offersThis includes incentives to use Chase Dining as well as continued flexibility with Sapphire Reserve travel credit.
Peloton is best known for its stationary fitness bikes, but its digital and all-access memberships also give you access to thousands of exercise classes, including cardio, strength, yoga, and more. When you purchase a Peloton bike or profile (including the Peloton accessories that came with it), you will receive more rewards with an eligible person Chase Sapphire Preferred® card or Chase Sapphire Reserve® Card at the checkout.
Chase Sapphire Preferred® card:: Earn 5 points for every $ 1 spent on every Peloton bike, tread, and accessory purchase over $ 1,800 through March 2022, for a maximum of 25,000 points. Chase’s previous Peloton offering will also allow credits of up to $ 60 for digital and all-access memberships through December 31, 2021.
Chase Sapphire Reserve®:: Earn 10 points for every $ 1 spent on every Peloton bike, profile, and accessory purchase over $ 1,800 for a maximum of 50,000 points through March 2022. You can combine it with Chase’s previous offer for more value: Earn up to $ 120 in statement credits for Peloton Digital and All-Access membership through December 31, 2021.
Chase is also expanding some perks for Sapphire card holders that can provide more flexibility with points and perks if you don’t want to redeem them for travel this year:
The “Pay Yourself Back” function:: Points are still worth 25% more until September 30, 2021 Chase Sapphire Preferred® card Cardholder or 50% more for Chase Sapphire Reserve® Cardholders, if redeemed for bank statement balances after using the card in grocery stores, hardware stores, restaurants and selected non-profit organizations.
Chase Dining Redemptions: Until September 30, 2021, points are worth 25% more Chase Sapphire Preferred® card Cardholder or 50% for Chase Sapphire Preferred® card Cardholders when redeeming purchases at Chase Dining (including take-out, prepaid reservations, and more). This fits in with an existing Chase offering: through June 30, 2021, cardholders can also earn 10 points for every $ 1 (up to $ 500) for purchases up to and including Chase Dining in Ultimate Rewards®.
Flexibility with travel credit for Chase Sapphire Reserve® Cardholders: Through December 31, 2021, gas station and grocery store purchases will continue to receive $ 300 travel credit on the card.