Who wouldn’t want to save on a Peloton membership? I mean, I like saving money as much as the next person, don’t you?
Now with the monthly all-access membership costing more and the app having tiered pricing, you have even more of a reason to look for Peloton membership discounts. Hopefully, this article can help.
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How do you save on Peloton membership?
I’ve found a number of legit ways to save on your Peloton subscription fees as well as Peloton equipment. Let me explain.
Peloton membership discounts by profession
However, now Peloton has expanded that discount–on Peloton equipment accessories package or an app-only membership–to many more professions.
Military Peloton membership discount
One, there is a Peloton military membership discount.
This military discount is for:
- Active Duty
- Immediate Family
Peloton First responder membership discount
Two, there is a Peloton first responder membership discount.
- Police/Law Enforcement
Educator and Peloton teacher discount
Three, there is an education-related membership discount.
This is for K-12 teachers.
It also covers college professors (U.S. only).
What I’m not sure about, with this Peloton teacher discount, if it applies to all educators.
For example, if you work in a school but you’re not a teacher, per se.
Peloton student discount
The aforementioned education discount on a Peloton membership isn’t just for people working in schools.
In fact, it is valid for college and university students, too.
This support page on the Peloton website explains how to get the discounted app membership.
Finally, if you’re interested in the discount on accessories when you buy a Peloton Bike, Bike+ or Tread, visit this Peloton support page for details.
Peloton promo discount referral code
This isn’t a membership discount but rather your own discount code. You can share it with others who are buying a Peloton.
They get $100 off an accessories package (not the bike or the Tread). In return, you get $100 in apparel credits. From time to time, Peloton may up this discount to $200 per person.
Either way, if you earn apparel credits for referring new members, then you can spend these credits on the Peloton apparel boutique, including on the new Peloton and Lululemon clothing.
Unfortunately, this doesn’t work on the Peloton apparel boutique on Amazon.
How to find your shareable discount referral code
I covered the notion of your shareable discount code in my post about Peloton for beginners.
But, I’m sharing tips below on how to find your referral code.
You’ll find your Peloton referral code under your profile on the Peloton website.
Not the app.
Nor is it on the bike or the Tread or the Row or the Peloton Guide.
It’s on the Peloton website only.
Where do I find my Peloton referral code
Previously, you would find your Peloton referral code under your profile on the Peloton website.
However, now Peloton has changed how that works.
Instead, these are the steps you’ll take.
- Log into the Peloton website.
- Look for your username and profile pic on the top of the page.
- Next to your username and profile pic are three dots.
- Click on them.
- Scroll down to where it says “Refer Friends” and click on that.
Now you’re on the referrals page.
On the top is a “slider” that lets you move between sharing a referral for an app free trial and sharing your exclusive code to save on Peloton accessories.
Click on the slider to get it to move from one side or another.
This will give you access to the link you want to share.
How do I share my Peloton referral code with someone
As I mentioned above, once you get to the “Refer Friends” page, there will be a link you can share with people.
Newest Peloton Chase Sapphire deal
Great news: Peloton has renewed the Chase Sapphire partnership to help you save money on Peloton equipment, not a membership.
It will go through 2025.
Here are the details from Peloton:
“Between February 1st, 2023 and March 31st, 2025, Chase Sapphire® Reserve card members will receive 10x total points on onepeloton.com purchases over $250 and Chase Sapphire® Preferred card members will receive 5x total points on onepeloton.com purchases over $250.
Eligible purchases include the Peloton Bike, Bike+, Tread, Row, Guide and/or any Accessories; provided that such purchases total over $250, with a maximum earn of 50,000 points total for Reserve and 25,000 points total for Preferred. Purchases must be made directly through Peloton and paid for in full with a Chase Sapphire® credit card at the time of checkout.”Peloton Support Page
More Peloton credit card deals here.
How not to save on a Peloton membership
Lately, I’ve seen people in the Peloton Facebook groups talking about hacks to save money on a Peloton membership.
They would rather not pay $44 a month for the all-access membership (which is a bit of a misnomer, since members do not have access to all Peloton content, such as the Row, but more about that another time).
However, they still want to ride their bike or use their Tread.
So, people have wondered if they could cancel their $44 a month membership and just pay for the app membership. And then still use their hardware. Unfortunately, that’s not how things work.
Here are steps to cancel a Peloton subscription.
To log into a bike or Row or Tread that you own, you have to pay for that all-access membership.
The only way you can get away with using an app membership on hardware is if you’re staying in a vacation rental with a Peloton, using a friend’s equipment, taking a Peloton class at a store or showroom or staying at a Peloton hotel.
Final thoughts on how to get a Peloton membership discount
I’m sure that as Peloton continues to grow in popularity, there will be more incentives and discounts on membership to be had.
I wouldn’t be surprised if more healthcare companies or health insurance providers start covering usage or reimbursing members.
Finally, if you hear about a way to get a discount on a Peloton membership that I haven’t covered here, please reach out and let me know.