The Amex Platinum Card Now Comes With SoulCycle Perks

In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, including American Express, Capital One, Chase, and Citi, and thanks for your support!

For those of you not familiar, SoulCycle is a company that offers 45-minute indoor cycling classes. They have 82 locations as of now, and have a cult-like following. I once did a SoulCycle class and while it’s not my thing, I get why people like it. It makes cycling fun and motivational, though the experience is going to be dependent on the instructor you get.

If you have an Amex Platinum Card and are a SoulCycle fan, the two companies have just announced some new perks. As of now this partnership is valid through November 6, 2018, though I imagine it has possibility of expanding beyond that if it proves to be mutually beneficial.

This is open to both those with The Platinum Card® from American Express and The Business Platinum® Card from American Express, and enrollment is required at this link, and requires creating a SoulCycle account. So, what perks to Amex Platinum members get at SoulCycle?

  • Three complimentary classes when purchasing a package of 20 classes through SoulCycle’s website
  • The ability to buy a package of 25 SuperSoul classes, compared to the normal requirement of having to buy a package of 50 SuperSoul classes
  • 10 free passes you can provide to first time riders
  • Free shipping and advance access to SoulCycle warehouse sales through SoulCycle’s website

Ordinarily buying 20 classes would cost $600, meaning that they’re $30 each. If you buy 20 classes and get three free, the cost per class goes down to ~$26 each.

As far as SuperSoul goes, ordinarily that allows you to buy 50 classes for $3,500, while now you can buy 25 classes for $1,750. With SuperSoul you’re paying $70 per class, which is actually significantly more expensive than what classes normally cost. You’d think they’d give you a discount for buying in bulk, but the reason it’s more expensive is because it gives you access to the most popular classes in advance. SoulCycle has some very well known instructors, and typically the only way to get into their classes is to be a SuperSoul member.

Here are the terms of the American Express & SoulCycle partnership:

Offers valid from 11/06/2017 through 11/06/2018. To be eligible for exclusive SoulCycle offers, US Consumer and OPEN Platinum Card Members and Centurion Members must enroll at https://www.soul-cycle.com/amexenroll. To enroll, you must have or create an account on https://www.soul-cycle.com/.

Exclusive 20+3 Series Pricing: To receive 3 additional classes, you must purchase a 20 Classes + 3 Free series on the SoulCycle Website, via desktop or mobile (not available in the SoulCycle app). Enrolled Card Members can purchase unlimited 20+3 series packages during the duration of the offer term. When you purchase this package for the price of 20 classes, you get 23 classes added to your account immediately and they expire 12 months from the date of purchase.

Retail Offers: Free Ground Shipping will appear in your cart online once you have enrolled your eligible Card. Other retail offers will be communicated via email from SoulCycle to enrolled Card Members prior to each event (i.e. warehouse sales, exclusive collection launches).

Super Soul 25 Pack: Reserve classes in studios in advance of sign-ups, includes full concierge service and priority on waitlists. To receive these benefits, you must purchase the Super Soul 25 Classes series on the SoulCycle Website, via desktop or mobile (not available in the SoulCycle app). Super Soul benefits are available only on classes purchased in a Super Soul pack. Hamptons locations are excluded.

10 First Time Free Class Passes: To receive 10 First Time Free class passes for new riders, you can pick them up at one time at the front desk of any studio after you enroll. First Time Free passes are for walk-in classes only, bikes based on availability. Hamptons locations are excluded. New rider must bring pass to redeem free class. Passes expire on November 6, 2018.

Bottom line

I know some people will say “I can’t believe people pay $30-70 for a group cycling class.” At the same time, many of these classes sell out within minutes of when they go live, even at the SuperSoul level, where people are paying $70 per class. So many people love SoulCycle, and I’m sure they’ll get value out of this new perk. I do have to wonder how much incremental business this will generate, rather than just existing SoulCycle fans using this benefit to get discounts.

Fortunately for SoulCycle, this is pretty low risk. At worst, the cost of each class goes from $30 to $26. Furthermore, for SuperSoul they’re not actually discounting it, but rather just letting you purchase it in smaller increments. The ability to get guest passes for first time riders is just a marketing technique that you’d think they’d extend to any frequent customer.

(Tip of the hat to The Points Guy)

Regarding Comments: The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Comments

  1. I tried it a few times. I didn’t get. Remember, you need to buy or rent shoes, so there’s a cost above the regular cost of the class

    That aside, this also seems a pretty poor relationship with AMEX.

  2. People who enjoy this should take 15 minutes and watch Season 1, Episode 11 of The Unbreakable Kimmy Schmidt. Educational and fun.

  3. Platinum members don’t want to sit cheek-to-jowel with sweaty fatties in some ‘upscale’ urban gym.

    We want to sip Krug in a lie-flat bed en route to the Maldives. 🙂

    More help with that please, Amex.

    Btw, @Lucky, there are some new sweet Amex offers w/Google Express now. One is for 2k points; the other for $20 credit. Each requires a $50 purchase.

  4. This is actually a real benefit for some people, I’d totally have used it but my UK and AU cards didn’t work in the registration, as I expected.
    Right target market for Plat and Cent cards too imo. Something creative from Amex for a change.

  5. LOL. Next year will be my last year with my Platinum if they don’t introduce any more valuable perks. They are clearly out of touch.

  6. Kind of wish this involved discounts on smaller packages or individual classes. I hate buying big packages because I am not consistent.

    @Jon haha, yes! I have never quite gotten into the SoulCycle “culture” but I find spinning in general fun.

  7. I agree that it’s nice that Amex is thinking of other benefits, but this benefit is pretty disappointing since you have to buy such a large package to get the free classes. I still remember the days when Amex Platinum could get a free massage and some free training sessions at Equinox. Wish Amex could go back to something like that.

Leave a Reply

Your email address will not be published. Required fields are marked *