For over a decade, Peloton has been a primary player in the fitness community. Peloton’s state-of-the-art cycling bike remains an excellent and essential part of anyone’s home gym ensemble. More recently, they have introduced a top-tier treadmill as well. With an app that offers thousands of classes, Peloton brings the group fitness experience right to our homes. However, the Peloton equipment is priced at a premium, and the membership requires payment of monthly fees. This positions Peloton as one of the more expensive fitness options out there. However, there are some ways to lessen the financial blow.
You can get a Peloton discount if you are a teacher, first responder, student, or military member. These discounted rates range between $9.99 and $12.99 per month. Contact your health insurance provider to see if you qualify for a discount through Peloton or wait for a promotion to get a discount.
Will any of these methods work for you to get a discount? Read on and find out!
Contents
- Peloton All-Access Membership Cost
- Does Peloton Ever Offer Discounts?
- What is the Free Essentials Peloton Package?
- Who qualifies for a Free Essentials Peloton Package?
- How Do I Get the Best Deal on Peloton Membership?
- How Can I Get a Free Peloton Membership?
- Peloton All-Access Membership Free Trial
- Peloton Guest Pass Free 60-Day Membership
- How Often Does Peloton Go on Sale?
Peloton All-Access Membership Cost
The Peloton All-Access Membership costs $44 per month plus tax. This recently increased on June 1, 2022, from $39. The membership was costly before and remains even more so now.
There are many advantages to the All-Access Membership as compared to the standard membership.
| Category | App Membership | All-Access Membership |
|---|---|---|
| Price | $12.99/month | $44/month |
| Equipment | None required | Bike, Bike+, or Tread |
| Profiles | 1 user | Up to 20 users |
| Access | Thousands of live and on-demand classes across disciplines | The entire library of live and on-demand classes across disciplines available on your Peloton equipment; plus, exclusive content, like Scenic and Lane Break on certain Peloton equipment |
| In-App Metrics | Calories burned or Strive Score when using a compatible heart-rate monitor | Strive Score, heart-rate monitoring, and calories burned, plus advanced metrics like output, resistance and speed |
| Bonuses | None | -Leaderboard competitions and Peloton challenges -Access to Made for Movement Tracker programming, which is released to Bike and Tread 7 weeks after classes premiere on Guide |
Plus, the All-Access Membership includes eligibility for a free Century Club T-shirt once you rack up 100 rides. That’s one costly shirt!
Does Peloton Ever Offer Discounts?
Peloton knows they have one of the best business models around. That’s why so many imitators or bargain-brand alternatives emerged in wake of their unprecedented success.
Peloton also knows that they’re not cheap, so they offer various discounts to drive sales and offer savings to the consumer.
You may be eligible for a Peloton discount if you are a first responder, teacher, military, or student.
To apply the discount to your membership, you must complete the following steps.
- Collect a few documents verifying your status for the verification process. These documents can include ID cards, pay stubs, etc.
- Chat directly with a member of the Peloton Team for guidance through the verification process.
- Peloton uses SheerID, a third-party ID verification solutions provider, to determine if you meet the requirements to receive the special pricing or discount. SheerID will review the documents and make the determination.
- If approved, your discounts and special pricing will be applied immediately.
Peloton All-Access Membership First Responder Discount
Peloton proudly offers discounts to first responders to reward their service and commitment to public health. This includes firefighters, EMTs, and police officers.
In order to receive the discount, applicants must provide verification of their segment status. Means of proving first responder status include:
- Firefighters can use an ID card with their name and title on it, a Firefighter Certification issued within the past 48 months, or an unexpired Membership Card.
- EMTs / Paramedics can use a State License, an unexpired EMT / Paramedic Certification issued within the past 48 months, or an ID Card with their name and title on it.
- Law Enforcement Officers (LEOs) can use a valid ID card that states their name and title, a Pay Stub that shows their occupational title, or LEO Certification issued within the past 48 months.
The first responder discount lowers the regular monthly membership from $12.99 to $9.99.
Unfortunately, there is no discount available for the All-Access membership option. All-Access members are still required to pay the going rate of $44 plus tax.
First responders may also be eligible to receive up to $200 USD off of accessories or accessory packages with the purchase of a Peloton machine. That includes the Bike, Bike+, and Tread.
Peloton All-Access Membership Discount for Teachers
Peloton extends the same offer to teachers as well. Educators K-12 and professors of higher education can enjoy a reduced monthly rate of $9.99. They are also eligible for the $200 off on accessories with the purchase of a Peloton machine.
Teachers may prove their status as an educator by providing any of the following:
- State-issued educator certification
- A teacher ID card
- A recent pay stub
- A signed verification letter from a school administrator on official letterhead
Peloton Membership Military Discount
Both active and retired members of the military are eligible for discounts as well. This includes a discounted monthly membership of $9.99 and up to $200 off of accessory purchases with the purchase of Peloton equipment.
You’ll need to provide documents for verification purposes. These documents may include:
- Military ID Card (active duty, National Guard, Reserves, IRR, or retiree)
- VA Issued ID Card for Health Care
- Veterans ID Card
- Designation as a Veteran on Driver’s License or State Veterans ID Card
- Veterans Group Membership Card (VFW, American Legion, DAV, etc.)
Peloton Membership Student Discount
Students need to keep in shape too!
Peloton offers the same pricing and discounts as they do for first responders, teachers, and members of the military.
To provide proof of student status, you may be required to produce one or more of the following photocopies:
- Student ID (with current date)
- Your class registration
- Your class schedule
- School bill
What is the Free Essentials Peloton Package?
Peloton offers a number of package deals for those looking to make the investment and join the pack. The Essentials Package is one such package and includes a pair of light dumbbells, headphones, and cycling shoes. You may purchase the Essentials Package independently for approximately $150 USD. Alternatively, you may purchase the package in combination with the Bike or Bike+.
As the name indicates, these items are essential to the Peloton experience. Many classes incorporate dumbbell lifting alongside biking or running for a full-body workout experience. The cycling shoes clip into the bike pedals as well. This secures the rider during rigorous sprints or hill climbs. The headphones are the least essential component, as most people already own at least one pair. Nonetheless, it’s nice to have extras when they inevitably become lost or fall into disrepair.
If you are a first responder, teacher, member of the military, or student, you may be eligible for a free Essentials Peloton Package.
Who qualifies for a Free Essentials Peloton Package?
First responders, teachers, members of the military, and students may qualify for a free Essentials Peloton Package.
This deal requires approval following the verification process as described above. Peloton uses a third-party service called SheerID to discuss and verify all required documentation.
Luckily, it is a straightforward and easy process. By following their prompts, you will have no problem verifying your status and eligibility and subsequently receiving the discount.
We recommend gathering all verification documents in advance. Having everything at the ready will expedite and simplify the process. Then you can enjoy your discounts even sooner!
If you plan to purchase a new Peloton machine, the Essentials Package is a great addition. You will regularly use every item that is included in the package. Therefore, it is definitely worth looking into your eligibility for receiving this package for free.
How Do I Get the Best Deal on Peloton Membership?
If you are not a first responder, teacher, member of the military, or a student, then are you cursed to pay full price for this premium equipment and service?
Maybe not.
Peloton frequently offers many out-of-the-box methods for getting deals and discounts. Here are some of the best methods you can use now.
1. Chase Sapphire Deal
Recently, Peloton and Chase Sapphire teamed up with an offer to cardholders that incentivizes purchasing now. Through June 30, 2022, Sapphire Preferred and Sapphire Reserve members can earn 5x or 10x points respectively on Peloton purchases.
With a maximum earn of 25,000 or 50,000 points respectively, you can earn a discount of $250 or $500 if you act now!
Full details of this promo can be reviewed here.
Eligible cardholders can enjoy these rewards simply by using their card to purchase Peloton equipment and services. Buy now to accumulate your rewards points before the deal expires.
Although this deal is coming to close, we expect there will be future promos just like this for Chase cardholders. The partnership between Chase and Peloton is new, so it’s unlikely they teamed up for a one-time offer.
2. Health Insurance Rewards
Many health insurance plans incentivize a healthy lifestyle by offering to pay for your gym membership. Some providers will pay a portion of the membership fees, others will pay it in full.
Often, policyholders must provide proof that they have visited the gym a set number of times in the calendar year. The number may vary depending on your provider, but it’s often about 100.
Visiting your gym 100 times annually is only about 2 times a week!
Each company has different requirements, and not all companies include the purchase of Peloton equipment or service. Some providers, like UnitedHealthcare, pay for a yearlong subscription to Peloton to its insured members.
Check with your health insurance provider by calling their customer service and speaking with a representative. You may also be able to find your answers on your provider’s website.
If your health insurance is provided by your employer, checking in with HR or your Benefits Coordinator may be a prudent step as well. They may save you from poring over packets of text and get you your answers quickly.
3. Employer Reimbursement
It may sound too good to be true, but your employer may offer or may soon offer a complimentary Peloton membership as part of their corporate perks.
In June 2021, Peloton announced their Corporate Wellness program that allows for employers to offer comped membership and hardware at no cost to the employee. It is unlikely that smaller companies will offer this incentive. However, larger companies and Fortune 500 companies may consider adding it to their benefits allotment.
Check with your employer if they have adopted or considered adopting this as part of the company’s offering. It never hurts to ask, and you may be eligible for discounts and freebies.
How Can I Get a Free Peloton Membership?
Peloton costs a premium, so it is unlikely you will enjoy a fully free membership. Even discounts to the membership pricing will often require at least the purchase of the bike or treadmill to get started.
It is unlikely, but not impossible!
Eligible employers may incorporate the Peloton Corporate Wellness program and offer complimentary memberships and hardware to their employees. With many corporations prioritizing their employee’s well-being and health, programs such as Peloton’s are being adopted by employers more often than ever. Check with your employer to see if it is something they offer or are considering offering in the future.
UnitedHealthcare policyholders may enjoy free membership for up to a year based on a new partnership between them and Peloton. Policyholders may be offered reimbursement for either a 12-month Peloton standard subscription or four months of Peloton All-Access Membership. Your provider may purchase the membership, or they may ask you to make the upfront purchase and offer reimbursement.
If you are a UnitedHealthcare policyholder, call a representative and confirm your eligibility prior to making your purchase. They can confirm if you are eligible and how to receive your complimentary membership or reimbursement.
Just like their workouts, Peloton rewards a little legwork.
Peloton All-Access Membership Free Trial
Peloton currently offers a commitment-free 30-day trial of their app.
To start your free trial:
- Download the app.
- Create an account.
- Select to start a free trial.
It’s as simple as that. Keep in mind that you are only eligible for a free trial if you have not previously enjoyed one. Therefore, there is no stacking of free trials for ongoing free use of the service.
Peloton will notify you when the trial is approaching its end and you will have the option to select your pricing plan moving forward. They will not automatically charge you until you make your selection. This makes the trial commitment-free and risk-free!
Peloton also allows an option for you to try their hardware risk-free. If you purchase one of their machines and are not satisfied, simply request a pickup and refund within 30 days. They will arrange for the machine to be removed and issue a full refund!
More details are available here.
Between the free trial and the guarantee, it’s never been easier to try Peloton!
Peloton Guest Pass Free 60-Day Membership
Peloton sweetens the deal even more by providing members with a “Guest Pass” for their friends or family members.
The Peloton Guest Pass provides members with a unique code that allows them to give a 60-day free trial of the Peloton app. Guest pass recipients may then enjoy complimentary access to thousands of streaming exercise content.
Peloton members may generate an unlimited number of guest passes. However, only new users can redeem a guest pass. If someone has already enjoyed complimentary 60-day access, they are not permitted to enjoy another 60 days
Full details on how guest passes work can be found here on Peloton’s website.
How Often Does Peloton Go on Sale?
Peloton has offered Black Friday deals for equipment, accessories, and membership plans. That said, they often do not discount their hardware.
You should enjoy some discounts for Black Friday, making it the best time to buy. Throughout the rest of the year, the MSRP on the Bike and Tread go untouched. Promos come in the form of partnerships and trial periods for the app as discussed above.
The current MSRP for Peloton machines is as follows.
| Equipment | MSRP in USD |
|---|---|
| Bike | $1,195 |
| Bike+ | $1,995 |
| Tread | $2,345 |
Peloton equipment is a significant investment. However, it is one of the best fitness investments you can make. Financing options are available. You could pay as low as $38 a month to have your equipment now and get started today.
Peloton machines and services offer unrivaled upside and an immersive, integrated app experience like no other. There’s a reason they’ve set a standard in the industry.