Ragnar Relay and Paceline team up to reward runners for collective fitness victories and running fun

As race event registration returns, Paceline doubles cash back on qualifying apparel, gear and groceries runners invest in to train, race and recover

SAN FRANCISCO, August 24, 2022 /PRNewswire/ — Paceline, the award-winning fintech-meets-fitness startup that rewards you for working out through its app and cashback credit card, today announced its partnership with Ragnar Relay, the biggest (and arguably most fun) series of running relay races United States. Reinforcing the rise of running as a community sport, a recent survey* revealed that running a relay race attracts 77% of people, more than marathons (62%) and 5Ks (68%).

As the official credit card of Ragnar Relay, Paceline will offer all new and existing card members up to a $200 credit for any Ragnar Relay race entry through 2023. Paceline’s rewards app, which offers gift cards and discounts to top wellness brands, will also offer exclusive rewards from Ragnar and its partners , including Athletic Brewing, Nathan Sportsand Kodiak Cakes – for those who reach their weekly “Streak” of 150 minutes of exercise.

“We are so inspired by what Ragnarians accomplish together each year,” said Joel Liege, CEO and Founder, Paceline. “At Paceline, we want everyone who invests in their physical health to realize its full financial value as well. Our partnership with Ragnar Relay puts a megaphone to our shared goal of incentivizing, rewarding and advocating for each other so that health and wellness win every day.”

The Paceline Visa Signature Card is the unmatched motion-powered credit card, doubling the amount of cash back you receive when you hit your Streak. Cardholders can earn up to 5% unlimited cash back on eligible health and wellness expenses; up to 3% unlimited cash back on all other qualifying purchases; and can recoup the cost of the latest Apple Watch (up to a $429 value) in weekly statement credits over 12 months.

For Ragnarians, that means earning double cash back on all eligible clothing, gear, and groceries, plus meals, trips to errands, costumes, van and camp decorations, and more. again – when they reach their weekly streak. Ragnarians who sign up for the Paceline Card can also earn an extra $50 cash back credit when they hit their first four consecutive streaks, as well as $10 credit on every purchase over $50 on RagnarGear.com.

“Ragnarians are all about fitness and fun, camaraderie and the cumulative power of miles traveled together,” said tanner’s bellCEO and Co-Founder, Ragnar Relay. “We are thrilled to introduce our hundreds of thousands of Ragnarians to the community of Paceline, who also understand the value of investing in fitness adventures, and who believe that we should all be rewarded for our pursuit of health and wellness. welfare.”

Ragnar Relay events take place over two days and one night, with teams relying on each other to conquer great distances, 120-mile trail events and 200-mile road races across the country. As part of this partnership, Paceline will show up at Ragnar Relay events throughout the year to unlock rewards every 150 minutes, create moments of surprise and delight, and bring inspirational personalities from the running community to ignite the crowd. Paceline will also offer unique rewards and prizes to Ragnarians who bring the most hype, sportsmanship, spirit, and life to their Ragnar Relay. It’s not just about the medal at the finish line, it’s about the fun of racing!

Paceline kicked off her partnership with Ragnar Relay at their new trail run, Ragnar Oregon TrailLast weekend August 19-20, 2022with a weekend of experiences including a panel discussion and race warm-up led by SISSFiT – two sisters, fitness trainers and former D1 athletes.

Visit Paceline.fit/Ragnar to learn more, join the Paceline movement and sign up for an upcoming Ragnar Relay. Download the Paceline app to start getting rewarded for your movement and claiming the Paceline card.

The Paceline Card is powered by RailsTech, Inc., the US subsidiary of Railsbank Technology, Ltd., the world’s first integrated financial experience platform, and is issued by Evolve Bank & Trust; FDIC member under license from Visa® UNITED STATESInc. Terms and conditions apply.

*The double opt-in randomized survey of 2,000 general population Americans was commissioned by Paceline between August 11 and August 18, 2022. It was produced by a market research company OnePollwhose team members are members of the market research company and are corporate members of the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).

ABOUT PACELINE
rhythm is an award-winning fintech-meets-fitness startup that rewards you for working out with its free rewards app and unmatched cash back credit card. Paceline is the first unified wellness platform that leverages proprietary fintech to connect data from wearable fitness devices (Apple Watch, FitBit, Garmin, etc.) with the power of financial services to fundamentally pay people for that they live a healthier life.

With its mission to change the nature of preventative health, Paceline has the unique ability to drive better health outcomes by creating financial value for the pursuit of health and wellness. Recognized by fast company on this year The most innovative and Ideas that change the world listings, Paceline has hit its stride with over 1 million users on the app, over 200 health and wellness brand partners, and a 4.9 rating in the Apple Store.

Visit paceline.fit to find out more and join the Paceline movement. Download the Paceline app to start getting rewarded for your movement and claiming the Paceline card.

PRESS CONTACTS
Katie Roberts
PR & Communication, Paceline
[email protected] / 602.373.7233

Finnish partners
PR agency, Paceline
[email protected]

SOURCE Paceline