Chase Sapphire Cardmembers Now Get Up to $120 Credit for Peloton Membership

Starting now, Sapphire Reserve cardmembers can connect with the Peloton community and earn up to $120 and Sapphire Preferred cardmembers up to $60 in statement credits for eligible Digital and All-Access Peloton Memberships, through December 31, 2021.

Chase ‘Pay Yourself Back” Is As Good As We Thought

One question that we all had was whether redeeming points for these purchases would cancel out the points earned for the purchase. This is important since Chase has increased earning on groceries, from May 1 through June 30, 2020, for Chase Sapphire Reserve and Sapphire Preferred cardholders. You earn 5x and 3x respectively.