Card is now closing, credits won’t be honored.
Update 6/24/22: The card is now showing on Swagbucks with 12,000 ($120) bonus after your first purchase by signing up via a special link they’ll send you. I assume this will also stack with the Apple Watch offer. So it’s now $120 Swagbucks – $60 annual fee = $60 net after first purchase, and then you get the Apple Watch and drugstore/grocery 5% earn rate if you can meet the exercise requirements. (ht Vaughn)
Update 3/8/22: Paceline has added 5% on groceries & drugstores, the annual fee has been reduced to $60 from $120. I can’t see these increased categories lasting. In addition the watch credit is now over 12 months instead of 24 months and there is no monthly spend requirement.
Original Post:
Paceline (fitness rewards platform) has launched the Paceline credit card issued by Evolve Bank & Trust. The card comes with the following benefits/features:
- $60 annual membership fee
- Sign up bonus of up to $429 in credits for Apple Watch Series 7.
- To qualify maintain your Card Account status in good standing; and (2) achieve your Paceline activity goal as defined in your Paceline account documents
- Card earns at the following rates when you hit 150 minutes of elevated heart rate activity:
- 5% cash back on eligible Health & Wellness purchases
- Gym memberships and subscriptions, including Peloton, Equinox, SoulCycle, LifeTime, Orangetheory Fitness, Planet Fitness and more
- Grocery stores including Whole Foods, Trader Joe’s, Instacart and more.
- Qualifying pharmacy purchases at CVS, Walgreens, Rite Aid and others
- Fitness equipment with brands including Peloton, Tonal, Mirror and Echelon
- Fitness apparel and sporting goods with brands including Adidas, Athleta, Nike, lululemon, The North Face, Outdoor Voices, Patagonia and Under Armour
- 3% cash back on all other purchases
- 5% cash back on eligible Health & Wellness purchases
Our Verdict
This card is definitely worth considering now that the Apple Watch credit is over 12 months and the annual fee has been reduced. If you can take advantage of the 5% categories as well then I can see this worth doing. Not everybody will hit the exercise requirements though so that it something to keep in mind. We will add this to our list of the best credit card bonuses. Please do not share referrals in the comments.