Schwinn IC3 indoor cycling bikeShare on Pinterest

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Whether you’ve had to cancel your workout due to inclement weather or couldn’t make it to your spin class on time, you’ve probably considered investing in an indoor spin bike.

Exercise bikes offer an effective, low impact cardio workout. However, they’re often expensive, and it can be challenging to figure out which features are worth spending more for.

The Schwinn IC3 is a high quality indoor cycling bike that serves as a more affordable alternative to pricier smart bikes.

This review provides all you need to know about the Schwinn IC3 to help you decide whether it’s the right bike for your home workout needs.

The Schwinn Bicycle Company was founded in 1895 in Chicago. Through a series of acquisitions, the company now belongs to Nautilus, Inc.

Over the years, Schwinn has established itself as a trusted name for bikes, both indoor and outdoor alike.

The Schwinn IC3 is an indoor cycling bike that’s equipped with a 40-pound (18.2-kg) flywheel and uses felt friction pads for infinitely variable resistance.

The IC3 arrives partially assembled, making it relatively easy to set up.

As the flywheel, crankset belt, and resistance elements arrive already attached to the frame, only the seat, base, handlebars, pedals, and LCD need to be assembled.

While many customers feel confident in setting up the machine, you can also pay extra for professional in-home assembly.

The IC3 is a compact home exercise bike that’s designed for serious cyclists and features a heavy flywheel, infinitely variable resistance, and multiple handgrip positions.

The sturdy frame is equipped with a ventilated, race-style seat and dual-sided pedals, so you can use either the standard toe cage or SPD clips.

Additionally, the seat and padded handlebars can be adjusted horizontally and vertically to accommodate riders of varying sizes.

A water bottle holder and LCD console that displays your time, distance, calories burned, and cadence are located at the center of the bike.

There’s also a multimedia device holder for streaming workout classes, TV shows, and more using your own smartphone or tablet.

While it doesn’t integrate with apps like Peloton or iFit, the IC3 allows you more flexibility, as you can stream free or subscription-based classes from your preferred app or website.

Finally, the bike also supports wireless heart rate monitoring, though you’ll need to purchase an uncoded heart rate strap — either a Polar Electro or Polar-compatible model — separately.

The Schwinn IC3 costs $649 with free shipping.

During checkout, you can also purchase in-home assembly for $129, as well as an equipment mat to protect your floor for $99.

Additionally, Schwinn offers special financing for qualified customers, which allows you to pay monthly installments of $37 per month for up to 18 months.

To protect your purchase, the Schwinn IC3 includes the following warranties:

  • 5-year frame
  • 2-year mechanical and electrical parts
  • 1-year labor

For an additional $59, you can extend the parts and labor warranty to 3 years, and for $89, both the parts and labor warranties can be extended for up to 5 years.

In general, the Schwinn IC3 gets positive reviews for its overall quality and relatively affordable price.

Customers particularly appreciate the bike’s easy assembly and multiple adjustment options.

However, some customers note that the resistance pads wear down over time and need to be replaced. Others complain that it’s noisier than magnetic-resistance-style bikes like the Schwinn IC4.

Here’s a quick look at how the Schwinn IC3 compares with similar indoor cycling bikes.

Schwinn IC3Schwinn IC4Bowflex C6Peloton
Cost$649$999$999$1,895
Dimensions45 × 23 × 49 inches (114.3 × 58.4 × 124.5 cm)48.7 × 21.2 × 51.8 inches (123.7 × 53.9 × 131.6 cm)48.7 × 21.2 × 51.8 inches (123.7 × 53.9 × 131.6 cm)59 × 22 × 59 inches (149 × 58 × 149 cm)
Resistance levelsinfinite100100100
Warranty• 5-year frame
• 2-year mechanical parts and electronics
• 1-year labor
• 10-year frame
• 3-year mechanical parts and electronics
• 1-year labor
• 10-year frame
• 3-year mechanical parts and electronics
• 1-year labor
• 5-year frame
• 1-year mechanical parts and electronics
• 1-year labor
App integrationnoyes, JRNY, Peloton, & Zwiftyes, JRNY, Peloton, & Zwiftyes, Peloton
Membership requiredno• no
• 1-year JRNY membership included
• no
• 1-year JRNY membership included
• yes
• $39.99/month plus tax
Screen• LCD
• media rack
• LCD
• media rack
• LCD
• media rack
• 22-inch (56-cm) touchscreen

The Schwinn IC3 is the most affordable option of the bikes listed above, offering the best value if you’re looking for a challenging workout and uninterested in app integration or a built-in touchscreen.

That said, if you’re interested in streaming classes and performance tracking, the Schwinn IC4 and Bowflex C6 are worth considering. These two options are nearly identical, with just minor stylistic differences setting them apart.

Finally, the Peloton Bike is the most expensive, as it also requires a 1-year subscription to the Peloton app. However, there’s a reason it’s so popular. In addition to great music and instructors, Peloton offers live classes and leaderboards for added motivation.

The Schwinn IC3’s infinite variable resistance sets it apart from other indoor cycling bikes.

Plus, because it doesn’t require a fitness app subscription, it’s ideal for riders who prefer to stream classes using their own devices. Plus, it saves you a good chunk of money.

However, if you prefer a quieter machine that doesn’t require replacing resistance pads, you’ll want to consider a magnetic-resistance-style bike like the Schwinn IC4.

Additionally, if you’re looking for an integrated, high tech experience, you’ll want to check out the Peloton or NordicTrack Commercial s22i Studio Cycle instead.

While it lacks the bells and whistles of more expensive models, the Schwinn IC3 offers a challenging, low impact workout at a reasonable price.

With infinite variable resistance options and a media shelf for streaming devices on your smartphone or tablet, the IC3 is a great option for budget-conscious and serious cyclists alike.

Just remember, before you get those endorphins flowing, be sure to clear your new workout regimen with a healthcare professional.