Just saw this on the Peloton Instagram and then saw a write up from TPG confirming. New statement credits coming for Peloton to the CSR and CSP starting today through end of 2021.

$120 in statement credits for CSR and $60 for CSP (not annually just total).

Credit can be used for the monthly membership. I’m assuming if you have a household with two CSRs (like mine), you can switch cards for the monthly membership to effectively double dip and get the full $240.

I’ll definitely use this. Combined with the $300 credit being useable for groceries through June, that’s enough to keep the card since I’m looking at a $30 net annual fee now and I’m sure there will be more temporary bonuses to come.