Best credit cards for all your fitness expenses of 2022 (2023)

Whether you go to a gym or do at-home workouts, there's often some cost associated with getting fit, whether it's a gym membership, buying equipment or signing up for subscription to an online fitness program.

You can save money on these expenses by using the right credit card. There are cards that offer bonus rewards on gym memberships and at retailers that sell fitness equipment.

Let's say you spend the average $58 a month on a gym membership, for a total of $696 a year. If you charge it to a cash-back credit card offering up to 5% back, you can earn roughly $35 cash back annually. And if you live in major metro areas where the cost of a gym membership can be upwards of $100 a month, you'll see the savings add up.

Below, Select reviews the best credit cards for gym memberships and fitness.

Best credit cards for gym memberships and fitness

U.S. Bank Cash+® Visa Signature® Card

On U.S. Bank's secure site

  • Rewards

    5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose; 5% cash back on prepaid air, hotel, and car reservations booked directly in the Rewards Travel Center; 2% cash back on one everyday category; 1% cash back on all other eligible purchases

  • Welcome bonus

    $200 bonus after spending $1,000 in eligible purchases within the first 120 days of account opening

  • Annual fee

    $0

  • Intro APR

    0% for the first 15 billing cycles on purchases and balance transfers

  • Regular APR

    17.49% - 27.49% (Variable)

  • Balance transfer fee

    3%, minimum $5

  • Foreign transaction fee

    2% to 3%

  • Credit needed

    Good/Excellent

See rates and fees,terms apply.

Pros

  • No annual fee
  • High 5% cash back on select purchases, when you activate bonus categories
  • Low spending required to earn a good welcome bonus

Cons

  • 5% cash back is limited to $2,000 in combined purchases each quarter
  • Activation is required to earn 5% cash back
  • 2% to 3% foreign transaction fee
  • Estimated rewards earned after 1 year: $514
  • Estimated rewards earned after 5 years: $1,972

Rewards totals incorporate the points earned from the welcome bonus and assume you spend $58 a month on gym memberships

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Who's this for? If paying for a gym membership is what gets you motivated to work out, the U.S. Bank Cash+® Visa Signature® Card is the only card we could find that offers bonus rewards (more than 2%) on eligible gyms. Cardholders can benefit from 5% cash back on two bonus categories each quarter, on your first $2,000 in combined eligible net purchases, then 1%.

Gyms and fitness clubs are considered one category, and popular merchants include:

  • SoulCycle
  • LA Fitness
  • Planet Fitness
  • Weight Watchers
  • Equinox

Check out the full list of eligible gyms and fitness centers.

There are some exclusions, which include: purchases at recreational facilities that do not require membership, such as golf driving ranges, baseball batting cages and ski slopes. In addition, purchases made at fitness centers outside of your membership fee, like personal training or fitness classes, may not qualify.

Other bonus categories include sporting good stores (which pairs nicely with gyms/fitness centers), home utilities, department stores and more.

You can also enjoy no interest on balance transfers for 15 billing cycles (after 17.49% - 27.49% variable APR), so if you need to pay off high interest debt, this may be the card for you.

Amazon Prime Rewards Visa Signature Card

On Amazon's secure site

  • Rewards

    5% cash back at Amazon.com and Whole Foods Market; 2% back at restaurants, gas stations and drugstores; 1% back on all other purchases

  • Welcome bonus

    $100 Amazon.com gift card upon approval

  • Annual fee

    $0 (but Prime membership is required)

  • Intro APR

    None

  • Regular APR

    15.74% to 23.74% variable

  • Balance transfer fee

    5%, $5 minimum

  • Foreign transaction fee

    None

  • Credit needed

    Excellent/Good

See our methodology, terms apply.

Pros

  • No annual fee
  • $100 Amazon.com gift card upon approval, with no spending requirements
  • 5% back at Amazon.com and Whole Foods Market
  • No fee charged on purchases made outside the U.S.

Cons

  • Prime membership is required
  • The 5% back on groceries only applies to groceries bought on Amazon.com or at Whole Foods Market
  • Estimated rewards earned after 1 year: $590
  • Estimated rewards earned after 5 years: $2,352

Rewards totals incorporate the points earned from the welcome bonus

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Who's this for? If you rather opt for an at-home workout than forking over a monthly membership fee, the Amazon Prime Rewards Visa Signature Card can earn you 5% cash back on purchases from Amazon. You can purchase fitness equipment, such as weights, yoga mats, bikes and more to build your home gym.

To get you started, when you sign up for the card, you receive a $100 Amazon.com gift card automatically after account approval. This welcome bonus is a great way to help fund your future home gym.

And if you want to grab some healthy food after your workout, take advantage of 5% cash back Whole Foods Market.

While there is no annual fee, Prime membership is required, which currently costs $139 annually or $14.99 a month.

Target RedCard™

  • Rewards

    5% discount at checkout on most purchases in-store and at Target.com

  • Welcome bonus

    None

  • Annual fee

    $0

  • Intro APR

    None

  • Regular APR

    24.40% variable

  • Balance transfer fee

    N/A

  • Foreign transaction fee

    N/A

  • Credit needed

    N/A

See rates and fees and our methodology, terms apply.

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Pros

  • No annual fee
  • Instant 5% discount at checkout
  • Free two-day shipping on most items
  • Extra 30 days for returns

Cons

  • Card can only be used in-store at Target or at Target.com
  • High variable APR

Who's this for? Another option for financing your home gym is the Target RedCard™. This is a store card, which means it can only be used in-store at Target or online at Target.com. If you frequently do Target runs, this card is a great payment option.

Cardholders receive a 5% discount on most purchases, which includes various items for fitness activities, such as clothing, equipment or even a bigger ticket item, like a smart TV so you can stream your subscription-plan workouts.

This card has no annual fee and offers a bunch of additional perks, such as free two-day shipping on most items with no minimum purchase and an additional 30 days for returns.

Learn more: 5 things to know about the Target RedCard

Chase Freedom Unlimited®

On Chase's secure site

  • Rewards

    Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases

  • Welcome bonus

    Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back. That's 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.

  • Annual fee

    $0

  • Intro APR

    0% for the first 15 months from account opening on purchases and balance transfers

  • Regular APR

    17.24% - 25.99% variable

  • Balance transfer fee

    Intro fee of either$5or3%of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that, either$5or5%of the amount of each transfer, whichever is greater.

  • Foreign transaction fee

    3%of each transaction in U.S. dollars

  • Credit needed

    Excellent/Good

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See our methodology, terms apply.

Pros

  • No annual fee
  • Rewards can be transferred to a Chase Ultimate Rewards card
  • Generous welcome bonus

Cons

  • 3% fee charged on foreign transactions

Who's this for? If you want to purchase a luxury fitness product, such as a Peloton bike or an interactive Mirror, it's a good idea to put it on a rewards card that also offers special financing, such as the Chase Freedom Unlimited®. Cardholders can benefit from a 0% intro APR for the first 15 months on new purchases and balance transfers (after, 17.24% - 25.99% variable APR). There's an intro balance transfer fee of either$5or3%of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that it's either$5or5%of the amount of each transfer, whichever is greater.

Plus most purchases earn 1.5% cash back. So if you purchase a Peloton for $2,245 (not including taxes and fees), you could earn roughly $34 cash back. And if you want to pay for it over time, you have over a year to do so without incurring interest charges.

Apart from 1.5% cash back on most spending, you can earn 5% cash back on travel purchased through Chase, 3% on dining at restaurants, including takeout, and drugstores. There's also a generous welcome bonus: On up to $20,000 spent in the first year, cardholders earn an additional 1.5% on all categories.

Don't miss: Chase and Peloton partner to offer Sapphire card members up to $120 in statement credits for Peloton membership

Our methodology

To determine which cards will put the most money back in your pocket, Select evaluated over 234 credit cards offered by the biggest banks, financial companies and credit unions that allow anyone to join. We compared each card on a range of features, including cash-back rewards, annual fee, welcome bonus, introductory and standard APR, balance transfer fee and foreign transaction fees, as well as factors such as required credit and customer reviews when available.

Select teamed up with location intelligence firm Esri. The company's data development team provided the most up-to-date and comprehensive consumer spending data based on the 2019 Consumer Expenditure Surveys from the Bureau of Labor Statistics. You can read more about their methodology here.

Esri's data team created a sample annual budget of approximately $22,126 in retail spending. The budget includes six main categories: groceries ($5,174), gas ($2,218), dining out ($3,675), travel ($2,244), utilities ($4,862) and general purchases ($3,953). General purchases include items such as housekeeping supplies, clothing, personal care products, prescription drugs and vitamins, and other vehicle expenses.

Select used this budget to estimate how much the average consumer would save over the course of a year, two years and five years, assuming they would attempt to maximize their rewards potential by earning all welcome bonuses offered and using the card for all applicable purchases. All rewards total estimations are net the annual fee.

It's important to note the value of a point or mile varies from card to card and based on how you redeem them. When we calculated the estimated returns, we assumed that cardholders are redeeming cash back for a typical maximum value of 1 cent per point or mile. (Extreme optimizers might be able to achieve more value.)

Our final picks are weighted heavily toward the highest five-year returns, since it's generally wise to hold onto a credit card for years. This method also avoids giving an unfair advantage to cards with large welcome bonuses.

While the five-year estimates we've included are derived from a budget similar to the average American's spending, you may earn a higher or lower return depending on your shopping habits.

Information about Amazon credit cards has been collected independently by Select and has not been reviewed or provided by the issuer prior to publication; if you purchase something through Select links, we may earn a commission.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.

FAQs

Which credit card is best for all purposes? ›

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14 Oct 2022

Can you use a credit card for gym membership? ›

Whether you go to a gym or do at-home workouts, there's often some cost associated with getting fit, whether it's a gym membership, buying equipment or signing up for subscription to an online fitness program. You can save money on these expenses by using the right credit card.

When choosing a credit card what 3 things should you look for? ›

Checklist of what to look out for when choosing a credit card
  • Annual Percentage Rate (APR). This is the cost of borrowing on the card, if you don't pay the whole balance off each month. ...
  • minimum repayment. ...
  • annual fee. ...
  • charges. ...
  • introductory interest rates. ...
  • loyalty points or rewards. ...
  • cash back.

What are the four best credit cards to have? ›

The Best Credit Cards of 2022
  • Blue Cash Preferred® Card from American Express: Best For Groceries.
  • U.S. Bank Altitude® Go Visa Signature® Card: Best for Dining.
  • Petal® 1 “No Annual Fee” Visa® Credit Card: Best for Bad Credit.
  • Discover it® Secured Credit Card: Best Secured Card.

Which bank gives credit card easily? ›

1. HDFC Bank instant approval credit card. HDFC Bank credit cards are not only 100% secure, but they also provide instant activation and ownership.

How many credit cards can I have? ›

There is no ideal number of credit cards you can own. You can own as many credit cards as you want as long as you are eligible for it. If you do not maintain the right credit utilisation rate, your credit score may be reduced.

Does Amex Platinum cover gym membership? ›

The Platinum Card® from American Express

Keep in mind: While you'll only earn 1 point per dollar on gym memberships and fitness clubs, cardholders of the Amex Platinum will get up to $25 back each month in statement credits for eligible Equinox memberships or the Equinox+ app, for up to $300 back each year.

Should I use my debit or credit card for gym membership? ›

Recurring purchases

Recurring transactions such as gym memberships are a good time to use a credit card. This way if there are problems with your payment, you can resolve issues without actually being out any money.

Does fitness First accept Amex? ›

What payment methods do you accept? We accept Visa, MasterCard, American Express, and Discover cards.

How many credit cards should you have? ›

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

How long does it take to get an 800 credit score? ›

Depending on where you're starting from, It can take several years or more to build an 800 credit score. You need to have a few years of only positive payment history and a good mix of credit accounts showing you have experience managing different types of credit cards and loans.

What item is the most significant when thinking about getting a credit card? ›

If this is your first time applying for a credit card, and there is a chance you might carry a balance from month to month, then the interest rate is the most important factor to consider when choosing a credit card.

What is the most commonly used credit scoring system? ›

FICO Scores

According to FICO, their scores are the most widely used by lenders. FICO scores generally range from 300-850. And FICO says scores between 670 and 739 qualify as good scores.

What is a good credit score? ›

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

Which credit card is best without annual fee? ›

Listed below are the best credit cards without annual fee offered by top banks in India.
Credit Card VariantAnnual Fee
HSBC Visa Platinum CardNIL
IndusInd Bank Platinum CardNIL
SBI Card UnnatiNIL (For 1st four years)
YES Prosperity EdgeNIL (Limited-time offer)
12 more rows

How do I increase my credit card limit? ›

a credit card company takes various factors into account while fixing the limit on your credit card. pay credit card bill.
...
how to increase your credit card limit
  1. apply for a new card. ...
  2. request an increase on an existing card. ...
  3. back your request with valid reasons. ...
  4. be polite. ...
  5. make your request reasonable.
31 Dec 2021

How can I increase my federal bank credit card limit? ›

How can I increase the credit limit on my credit card? To check your eligibility for credit limit increase on your Federal Credit Card, please dial our toll free number 1800 - 425 - 1199 Or 1800 - 420 – 1199.

Does Cancelling a credit card hurt your credit? ›

A credit card can be canceled without harming your credit score⁠. To avoid damage to your credit score, paying down credit card balances first (not just the one you're canceling) is key. Closing a charge card won't affect your credit history (history is a factor in your overall credit score).

Is it bad to have too many credit cards? ›

Key Takeaways. Having too many outstanding credit lines, even if not used, can hurt credit scores by making you look more potentially risky to lenders. You can boost your score in some cases by opening new credit cards if the new credit lines lower your overall utilization ratio.

How often should you apply for credit cards? ›

It's best to apply for a credit card about once per year, assuming you need or want a card in the first place. And you shouldn't apply for more than one card at the same time. If you apply more often, the repeated hard inquiries into your credit history will hurt your credit score.

Is it worth getting AMEX Platinum? ›

Make no mistake — the Amex Platinum card is a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and over $1,400 worth of annual card credit, it can easily prove to be one of the most lucrative cards in your wallet year after year.

How much is Amex Platinum annual fee? ›

Amex Platinum Annual Fee and Suite of Credits and Benefits. The Platinum Card has a $695 annual fee. Though the fee is paid once a year, the math works out to about $58 a month. At the same time, the Platinum Card can help you get access to over $1,500 value in benefits.

Is Equinox free with Amex Platinum? ›

Up To $300 Equinox Credit

Simply use your Platinum Card to pay for monthly Equinox All Access, Destination, or E by Equinox membership fees, or for Equinox+.

Is it good to use credit card then paying immediately? ›

You may have heard carrying a balance is beneficial to your credit score, so wouldn't it be better to pay off your debt slowly? The answer in almost all cases is no. Paying off credit card debt as quickly as possible will save you money in interest but also help keep your credit in good shape.

How can I get out of a gym membership without paying? ›

But before resorting to forgery, there are a few legal and effective ways to cancel your membership without paying. Most gyms let you cancel free of charge under certain conditions like, illness, relocation, disability, and sudden unemployment.

Is Anytime Fitness worth? ›

Anytime Fitness is a reasonably priced gym with exceptional convenience and a pretty good selection of equipment and group fitness classes. Each franchise is run by different management, but in general, people tend to be happy with the staff at Anytime.

Where is AMEX not accepted? ›

Where American Express is Accepted Internationally: 160+ countries and territories. Countries Where American Express is Accepted Most: Canada, Australia, UK, India, Singapore. Places Where American Express is Not Accepted: Cuba, Sudan, South Sudan, Iran, Syria.

Is a gym membership worth it? ›

You'll have to fork over a monthly fee, but a gym membership gives you access to more machines, equipment and space than you have at home. Most gyms also offer extra perks we can't fit or can't afford in our own homes, such as tanning beds, swimming pools and steam rooms, that make a membership even more worthwhile.

What are the 4 types of credit cards? ›

Rewards credit cards. Secured credit cards. Low-interest credit cards. Cashback credit cards.

How do I choose a credit card for the first time? ›

How to Choose Your First Credit Card
  1. Do Your Research. ...
  2. Ensure You Have Steady Income. ...
  3. Choose Wisely. ...
  4. Read the Fine Print. ...
  5. Consider a Secured Credit Card. ...
  6. Avoid Cards That Require Excellent Credit. ...
  7. Use Loans to Your Advantage. ...
  8. Become an Authorized User.
1 Aug 2017

Can you pay rent with a credit card? ›

You can pay rent with a credit card, but it probably won't be easy or cheap. Many landlords do not accept credit card payments directly, forcing renters to rely on third-party apps that charge fees in order to pay rent with a credit card. Plenty of people still do it, though.

Which is a better credit card Visa or Mastercard? ›

A common question about credit cards is: "Which is better, Visa or Mastercard?" The answer, really, is neither. What matters most are the card features determined by the issuer — fees, interest rates, rewards, sign-up bonuses, perks and more.

What color is the highest credit card? ›

The highest credit card color is black, in large part because of the ultra-exclusive Centurion® Card from American Express, which is also known as the “Black Card” due to its color.

Which is higher platinum or titanium? ›

A platinum credit card is usually a bank's most expensive or the top-tier card, second only to a titanium, black or diamond card if offered by the bank. It is often in the form of a rewards credit card.

How many credit cards should you have? ›

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

How long does it take to get an 800 credit score? ›

Depending on where you're starting from, It can take several years or more to build an 800 credit score. You need to have a few years of only positive payment history and a good mix of credit accounts showing you have experience managing different types of credit cards and loans.

Is it better to get a credit card through your bank? ›

Getting a credit card from your bank can be a great way to continue building your financial profile and credit history as well as earning valuable rewards. It can also be easier to qualify for a credit card from an issuer you already have a good relationship with.

How do you get approved for a good credit card? ›

How to Get Approved for a Credit Card
  1. Start Good Credit Habits Early. ...
  2. Know Your Credit Score. ...
  3. Keep Your Balance in Balance. ...
  4. Check Whether You're Pre-Approved. ...
  5. Understand That Building Credit Takes Time.
24 Nov 2020

Is a Capital One card good? ›

Capital One offers some of the best cash-back and rewards credit cards available to consumers and small business owners. The Savor and Venture cards both rank on Select's list of best dining and travel cards, respectively, and other cardholders can earn generous rewards on everyday spending.

Can I transfer money from a credit card to a bank account? ›

It is possible to use a credit card to transfer money into a bank account by using a cash advance or balance transfer check, but we can't recommend it. Cash advances are risky because of the high interest rates and costly one-time fees. Balance transfers can lead to more debt if they're not handled correctly.

Can I pay my car payment with a credit card? ›

If your car loan lender allows it, you can make a car payment with a credit card. However, credit card purchases impose fees on the merchant, so many loan servicers accept only cash-backed payment methods, like a debit card, check, money order or a direct transfer from a checking or savings account.

What bills can you pay with credit card? ›

There are certain types of bills you can usually pay with a credit card—but they may charge a convenience fee to do so. These could include: Utilities. Cable TV and internet services.
...
Check with the business, but these might include:
  • Mortgage payments.
  • Rent.
  • Auto loan payments.
  • Student loan payments.
28 Mar 2022

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