How I Use This Chase Sapphire Reserve Perk To Cover My Online Workout Classes

When Chase added a Peloton membership credit to the Chase Sapphire Reserve^®, I ignored it.

I don’t own a Peloton bike or use Peloton classes, so I figured the benefit wasn’t for me. But after taking a closer look at the card’s perks, I realized I could use the $120 annual Peloton credit to cover the cost of Peloton’s Strength+ app, a standalone strength-training platform that doesn’t require Peloton equipment.

Instead of letting the benefit go unused, I activated it — and now I get a free year of strength workouts I can use at home, in a gym, or while traveling. Here’s exactly how it works and how to enroll.

Chase Sapphire Reserve Card Lifestyle Benefits

The Chase Sapphire Reserve card is best known for its premium travel perks, including a $300 annual travel credit, a $500 credit for The Edit, worldwide airport lounge access, and best-in-class travel protections.

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Chase Sapphire Reserve^®

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A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

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Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

125,000 points

UP's Offer Valuation*:

$2,500

Annual Fee

$795

APR

19.49% - 27.99% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

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Card Highlights

• Earn 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
• Get more than $2,700 in annual value with Sapphire Reserve.
• Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
• $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge^® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck^® every 4 years
• Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
• Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music — all the music you love, across all your devices. Subscriptions run through 6/22/27 — a value of $250 annually
• Member FDIC

Financial Snapshot

• APR: 19.49% - 27.99% Variable
• Foreign Transaction Fees: None

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But it also offers a suite of lifestyle benefits that extend beyond travel, including:

• $300 annually at Sapphire Reserve Exclusive Tables (2 $150 biannual credits)
• $300 annually for StubHub and viagogo (2 $150 biannual credits)
• $120 annual Lyft credit ($10 monthly credit)
• DoorDash DashPass subscription ($120 annual value)
• $300 annual DoorDash credit ($25 in monthly credits)
• Apple TV+ and Apple Music subscriptions (worth $250 annually)
• $120 annual Peloton membership credit ($10 per month for eligible memberships)

I can use the Chase Sapphire Reserve card to dine out (or order in), catch up on shows, and enjoy live entertainment. The lifestyle benefits alone are worth more than $1,500 annually, which far exceeds the card’s $795 annual fee.

How the Peloton Credit Works

The Chase Sapphire Reserve card earns:

• 10 points per $1 on Peloton hardware and accessories (up to 50,000 total points)
• Up to $120 in annual statement credits for eligible Peloton memberships ($10 per month)

Eligible memberships include All-Access Membership, Rental, App One, App+, Guide, and Strength+.

The credit is straightforward: Activate once in your Chase account, pay for an eligible Peloton membership with your Chase Sapphire Reserve card, and you’ll receive up to $10 back each month as a statement credit.

Because the Peloton Strength+ app costs $9.99 per month (after a 14-day free trial), the credit effectively covers the full cost.

How To Activate the Peloton Membership Credit

The Peloton membership statement credit must be activated in your Chase account before you can use it. Start by logging in to your online account and navigating to the benefits section. Then find Peloton in the statement credits section.

Click on the Peloton membership credit, then activate the benefit.

You must purchase your membership directly from Peloton for the credit to work. For example, you can’t pay for it using the App Store.

Sign up for an account using your Chase Sapphire Reserve card on the Peloton website.

There’s a 14-day free trial, after which you’re billed $9.99 per month. When you sign up, you’ll create an account with your email and password, then use that login on the app. Use your Chase Sapphire Reserve card directly as the payment method instead of Apple Pay so it’s billed by Peloton, not Apple.

After payment, you’re directed to download the Peloton Strength+ app from the App Store. The app is only available on iOS, not Android.

Sign in using the email and password you created when you checked out. Create a username, confirm your age, and choose whether you want to turn on notifications and sync with your Apple Health app.

How To Use the Peloton Strength+ App

Peloton Strength+ is great because you can choose from instructor-led workout programs or generate a custom workout, and it offers filters to find the right workout for your preferences.

It doesn’t require Peloton equipment and can be used with dumbbells, barbells, machines, or just bodyweight, which is why it works so well for travelers on the go.

That means you can use the same app for a workout at home, at the gym, or in a hotel room or fitness center. If you already do strength training and need structure or guidance, this app can fill the gap.

The app focuses solely on strength training and doesn’t offer live classes or cardio-focused workouts.

With programs, you can select a workout series with the same instructor. You can browse programs or set filters to find one that meets your preferences, your focus, and your preferred workout length.

You can also generate a workout tailored to your needs. Hit the Generator tab at the bottom of the screen, then use the filters to select the duration, focus, and available equipment. It will put together a series of workout moves for a fully customized workout.

Whether you do a workout program or a generated workout, you’ll see moves demonstrated by an instructor.

Is the Peloton Credit Worth Using?

If you don’t own Peloton hardware, it’s easy to dismiss this benefit.

But Strength+ makes the credit usable without buying a bike or treadmill. Since the app costs $9.99 per month and the credit reimburses $10 per month, it’s effectively free as long as you keep the card and activate the benefit.

For Chase Sapphire Reserve cardholders already paying the annual fee, this is one of the easiest lifestyle credits to maximize.

Final Thoughts

The Chase Sapphire Reserve card’s Peloton credit isn’t just for bike owners.

By using the Strength+ app, I turned a benefit I almost ignored into a year of structured strength workouts with no out-of-pocket cost. It’s a simple way to get more value from the card beyond its travel perks, and it’s worth activating if you already carry the card.