*Peloton All-Access Membership required to access all Peloton content and applicable features on your Peloton hardware. Limited time offer ends December 29, 2025. Eligible purchases made during this offer period will receive the following discounts: $450 off Refurbished Original Bike, $400 off Refurbished Original Bike+, $200 off Peloton Cross Training Bike, $250 off Bike Starter, $300 off Bike Ultimate, $600 off Cross Training Bike+, $650 off Bike+ Starter, $700 off Bike+ Ultimate, $400 off Cross Training Tread, $450 off Tread Starter, $500 off Tread Ultimate, $1100 off Cross Training Tread+, $1150 off Tread+ Starter, $1200 off Tread+ Ultimate, $100 off Cross Training Row+, $150 off Row+ Starter, and $200 off Row+ Ultimate. All discount amounts in USD. Orders including multiple pieces of hardware will receive one maximum discount of the highest applicable value. Additional required $299 assembly fee with all purchases of Tread+. Purchasers of eligible equipment during the offer period will receive a promotional code (“Code”) for one month of free All-Access Membership; purchases of refurbished bikes excluded. The Code will be sent to Members in their order confirmation email for their eligible purchase and must be redeemed three months following the date the order confirmation is received. Redemption instructions will also be included in the order confirmation email. Applicable sales tax separate. Offer applied at checkout. No substitutions. Peloton may change, cancel or limit offers at any time. Cannot be combined with certain other offers. Void where prohibited. Not transferable. While supplies last. No cash value. Not valid outside the United States. If the hardware purchased is returned for a refund but you do not return the entire package (including accessories), you will be refunded the cost of the applicable hardware less the cost of the accessories you have kept and the hardware discount (as applicable). Additional delivery fees and/or restrictions may apply in remote areas, which may include Alaska, Hawaii, Puerto Rico, U.S. Virgin Islands, and ferry-only accessible locations. A single All-Access Membership provides access to Peloton content on one of each type of Peloton hardware (e.g., one Peloton Bike or Bike+, and one Peloton Tread or Tread+) per household, learn more at https://www.onepeloton.com/membership-terms.

**Subject to credit check and approval. All-Access Membership Separate. Limited-time offer of 0% APR for all term lengths ends December 29, 2025 for those who qualify. Void where prohibited. Not transferable. No cash value. Not valid outside the United States. Peloton may change, cancel or limit offer at any time. Terms apply.