Privacy Virtual Cards
Spending Limits

Set a spending limit and Privacy will decline any transactions that go over the limit

Merchant-Locked Cards

Lock Privacy Cards to the first merchant they’re used at to prevent misuse if stolen

Single-Use Cards

Create Privacy Cards that close automatically after the first purchase is made on them

Pause/Close Cards

Pause or close your Privacy Cards at any time to block future transaction attempts

How To Cancel a Peloton Membership—Understanding the Process and Terms

Reviewed by
Dec 14, 2023
 • 
10
 Min Read
Manage Your Subscription Payments With Virtual Cards

Peloton has revolutionized at-home workouts, offering top-of-the-line exercise equipment combined with a versatile fitness class streaming platform. However, some users haven’t found Peloton to be a good fit or want a change in their fitness routine.

If you’re looking to cancel a Peloton membership, refer to this article for guidance. This guide will present the exact steps you need to take and other useful information that will enable smooth cancellation—whether you have the Peloton App or the Peloton Equipment subscription. 

Please note that the content in this guide is valid as of November 2023. You should refer to the official Peloton website or contact customer support for updates.

A photo of a person riding a stationary bicycle
Source: cottonbro studio

How To Cancel a Peloton App Membership

You should cancel a Peloton app membership on the same platform you’ve purchased it from. If you’ve signed up via Peloton’s website, you should proceed as follows:

  1. Go to Peloton’s website and log in.
  2. Click on the three horizontal lines symbol in the top right corner.
  3. Select Preferences, then Memberships.
  4. Click on the Manage option next to your subscription.
  5. Select Cancel Subscription.
  6. Confirm your choice.

In the table below, you will learn how to cancel a Peloton subscription on an iPhone, iPad, or Android device:

Source: Cup of Couple

Privacy Virtual Cards—Setup and Pricing

To start using Privacy, take these steps:

  1. Create your account
  2. Provide the details for identity verification
  3. Connect a funding source (debit card or bank account)
  4. Request and create virtual cards

Privacy has three pricing plans, whose benefits you can discover in the table below:


Plan
Price
Virtual Cards a Month
Benefits
Personal
Free for domestic purchases
12
  • Card pausing and closing

  • Spending limits

  • Browser extension access

  • Mobile app access

Pro
$10/month
36
  • Everything in Personal

  • No foreign transaction fees

  • Priority support

  • 1% cashback on eligible purchases (up to $4,500 a month)

Premium
$25/month
60
  • Everything in Pro

Privacy Cards are accepted at most vendors and websites, including streaming platforms such as Paramount Plus, NFL Plus, or Spotify, and other popular subscription services like Walmart, Zoom, and Canva.

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