Chase Extends Lyft and Peloton Perks Through 2027

In 2022, Chase formed partnerships with Lyft and Peloton to provide improved benefits for its cardholders. Since then, cardholders have benefited from bonus points on Lyft and Peloton purchases, as well as credits when utilizing these services and products.

The partnership is thriving, and cardholders can look forward to several more years of benefits, as Chase has announced that Lyft and Peloton cardmember perks will be extended through late 2027.

Let’s take a look at what this means for you.

Lyft and Peloton Perks Extended on Popular Chase Cards

Chase’s partnerships with Lyft and Peloton, which provide additional benefits to cardholders, will remain active into 2027. Lyft perks have been extended through September 30, 2027, while the Peloton benefits are active through December 31, 2027.

Select Chase cardholders will continue to earn bonus points on Lyft rides and up to 10 points per $1 spent on Peloton purchases.

Here’s a look at eligible cards and the Lyft and/or Peloton perks each will offer :

Lyft (Available Through September 30, 2027)

• Chase Sapphire Reserve^® and J.P. Morgan Reserve Card
  • Cardholders will earn 5x points when riding with Lyft and will be able to utilize a new $10 monthly in-app credit.
  • Cardholders who have already signed up for the 2-year Lyft Pink benefit will continue to have access throughout their benefit term.
• Chase Sapphire Preferred^® Card
  • Cardholders will earn 5x points on Lyft rides.
• Chase Freedom Flex^®, Chase Freedom Unlimited^®, Chase Freedom^® card, Chase Freedom^® Student Credit Card, Chase Freedom Rise^®
  • Cardholders will earn 2% cash-back on Lyft rides.
• Ink Business Cash^® Credit Card, Ink Business Plus^® Credit Card, Ink Business Preferred^® Credit Card, Ink Business Unlimited^® Credit Card, Ink Cash^® Credit Card, Ink Business Premier^® Credit Card
  • Cardholders will earn 5x points or 5% cash-back on Lyft rides (depending on the specific card).

Peloton (Available Through December 31, 2027)

• Chase Sapphire Reserve card
  • Cardholders earn 10x points on eligible Peloton Bike, Tread, and Row purchases over $150, with a maximum of 50,000 points.
• Chase Sapphire Preferred card
  • Cardholders earn 5x points on eligible Peloton Bike, Tread, and Row purchases over $150 with a maximum of 25,000 total points.

If you have any of the abovementioned credit cards, you will continue to earn points on Lyft and Peloton purchases. However, one nice addition to the announcement is that Chase Sapphire Reserve and J.P. Morgan Reserve cardholders will now receive a $10 Lyft credit each month.

Furthermore, if you need to buy Peloton equipment, you will continue to earn up to 10x on those purchases, which is a nice return for expensive workout equipment.

Final Thoughts

Chase has announced that it’s extending its partnership with Lyft and Peloton into the latter half of 2027. Select Chase cardholders will continue to enjoy enhanced earning rates on these purchases, and a few premium cards will now feature a $10 monthly Lyft credit, adding more value to already fruitful cards.