Update 3/31/21: Chase has also announced that Preferred cardholders will earn 5x points and Reserve cardholders will earn 10x points through March 2022 with a cap of 25,000 & 50,000 points respectively.
Chase has launched today a new partnership with Peloton exercise company to get a statement credit toward the cost of the Peloton monthly membership fee.
- Chase Sapphire Reserve cardholders will get up to $120 in statement credits to offset the cost of either the all-access membership fee ($39/month) or the digital access cost ($12.99/month).
- Chase Sapphire Preferred cardholders will get up to $60 in annual statement credits to offset the cost of either the all-access membership fee ($39.99/month) or the digital access cost ($12.99/month).
This new offer begins now and continues through December 31, 2021. Basically, you can get 3 free months of all-access membership or around 8 months of free digital access membership. The digital membership also comes with a 30 day free trial.
Niche benefit, but will be useful to some. Note: you don’t need a Peloton bike to make use of Peloton membership subscription.