Peloton Promo Code (2023)

Get a deal on one of the fitness industry’s hottest items with our Peloton promo code guide

Peloton has one of the best exercise bikes on the market today, and because of that it costs a pretty penny. But it doesn’t have to always be that way. Just follow our simple instructions on how to apply the best Peloton promo code, and just like that, you’ll get your bike at a discounted price. 

Promo codes for Peloton

These are the best ways to save money on your Peloton purchase.

Shop Around the Holidays: Peloton, like other fitness companies, offers great sales around the holidays.

Financing: Not technically a discount, but financing your purchase through Affirm can help make it more affordable by splitting your purchase into monthly payments. They offer $0 down and 0% APR. 

Trial Period: Peloton offers a 30-day trial period so you can try out the bike for a month before deciding whether to actually pay for it. The trial period comes with delivery, assembly, online classes, and pick-up (should you choose not to keep it) all included. 

Military/First Responder Discount: Peloton offers a special discount (they don’t specify for how much) for members of the military and first responders, which also comes with a free “essentials package” with the purchase of a Peloton Bike, Bike+, or tread. 

How to Apply the Peloton Promo Code

Step One: If you’re a first responder or member of the U.S. Military, you’ll have to visit Peloton’s website and use the live chat to speak to a customer service representative. They’ll ask you for proof of service. 

Step Two: Looking to finance your purchase? Visit Peloton’s financing page to see if you qualify. 

Step Three: Click below to visit the Peloton Home Trial page to sign up for a 30-day trial with assembly, online classes, and more all included.

Refurbished Peloton Bikes

Another way to save money on the Peloton bike is by purchasing a pre-owned, professionally-refurbished bike. Peloton repairs and inspects these themselves before selling them back to the public, so you know the word was done by a trustworthy brand. A refurbished Peloton bike can save you up to $500, and you can still use a Peloton promo code to save even more money.

When Does Peloton Go on Sale?

It’s not that often one of the best pieces of home gym equipment goes on sale, but you can usually get a deal during one of the major holidays: 

• Memorial Day sales
• Fourth of July sales
• Labor Day sales
• Black Friday/Cyber Monday sales
• Holiday Gift Guide
• New Year’s Fitness Sales

What We Love About Peloton 

Indoor Exercise Bike

Peloton Indoor Exercise Bike

Community Score: 5

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Product Highlights

• 21.5" touchscreen for immersive training
• Live classes and on-demand cycling sessions
• Leaderboard-style competition
• Adjustable screen, seat, and handlebars
• 5-megapixel front-facing camera
• Bluetooth connectivity

Editor’s note: Peloton in May 2023 announced a voluntary recall of all original Peloton Bikes sold from January 2018 to May 2023 because of a defect with the seat post that causes it to break while in use. Peloton has identified 35 reports of broken seats, resulting in 13 injuries including a wrist fracture, lacerations and bruises.The original Peloton Bike can be identified by “its PL-01 model number on the label located on the inside front fork (near the flywheel), the red ‘P’ logo followed by the white-colored’ ‘Peloton’ brand name on the Bike's frame, and by its non-swivel display.” If your bike is impacted or if you have any questions, call Peloton’s support team toll-free at 866-679-9129 from 6 a.m. to 12 a.m. ET, 7 days a week or by visiting onepeloton.com and clicking on Product Recalls at the bottom of the page.

Pros & Cons

Pros

• Immersive experience
• Access to thousands of classes, challenges, and a large variety of workout options
• Compact footprint
• Sleek design
• Financing options
• “Try before you buy” option

Cons

• Disappointing warranty
• Membership is required to use bike
• Expensive
• Shipping is not included

Bottom Line

One of the more expensive options for virtual biking, the Peloton Bike is designed to be an all-in-one fitness solution on a high-quality cardio machine. You’re paying not only for the bike, but the unique training experience it makes accessible from the comfort of your home.

We’ve tested the Peloton indoor exercise bike and there’s a lot to like about it:

• Free 30-day trial period
• Silent gears 
• Bluetooth speakers and touchscreen
• Live and on-demand classes 
• Weight capacity up to 300 pounds 

Why Buy From Peloton? 

• Financing available 
• Discounts for military and first responders 
• Three-year warranty

Anthony O'Reilly, CPT

Anthony O'Reilly is a NASM-certified nutrition coach and personal trainer whose work has been featured in Muscle & Fitness and BarBend, and previously was an award-winning reporter and photographer for newspapers on Long Island and Queens, NY. After spending most of his life overweight, he dropped 80 pounds and took control of his health and fitness. Outside of work, he still enjoys Little Debbie cakes but offsets them with rigorous hikes and workouts. He's an avid Manchester United supporter, through thick and thin.

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