Advanced Search

Schwinn 240 Review

Schwinn 240 Exercise Bike

NOTE: The Schwinn 240 has been discontinued.

The Schwinn 240 continues the trend of dependable, comfortable Schwinn exercise bikes thanks to a padded ergonomic seat with dual-position lumbar support.

In terms of performance, the Schwinn 240 is also top notch with Eddy Current Brake resistance, 16 levels of resistance and 17 pre-defined workout programs.

Exercise data is displayed nicely on the multi-color backlit LCD display with a trainer that also includes Schwinn Advantage Workout Tracking.

Monitor heart rate with telemetry enabled as well as contact pulse grips.

Learn more in our full Schwinn 240 review below…


Model Schwinn 240

Our custom rating considers all of the bike's features, specs, warranties, and 100's of user & expert reviews, to save you time!

List Price

Suggested retail price, typically higher than the price you'll pay with our recommended retailers.

Best Price

Since prices change daily, this link goes to our preferred retailer for the current best price. Note: MSRP stands for Manufacturer's Suggested Retail Price.


The flywheel in an exercise bike is what creates resistance. You can choose the level of resistance to increase your workout intensity.

16 Levels
Resistance Type

The type of resistance shows what kind of flywheel is being used (if any), and its weight if the manufacturer provides it.

Eddy Current Brake

Type refers to the style of the ride: Recumbent bikes allow you to lay back, while Upright bikes are more like road bikes (lean forward).

Drive System

The bike's drive system is how your pedaling interacts with the rest of the bike (flywheel) to give you a good workout.

20 lb. Flywheel

It's important to choose an exercise bike that will last, and the material of the frame determines how durable the bike is.

"Step Through" Design

The most important part for comfortability during your workout, the seat should be adjustable and have ample cushioning.

Dual-Position Lumbar

Pedals are the driving force for an exercise bike, and should be comfortable, adjustable, and easy to control without slipping.

Oversized Deluxe

Bike Programs allow you to complete a workout with changing speeds and inclines, without changing anything manually.

Heart Rate

Heart Rate programs allow you to track how many times your heart is beating per minute (bpm), and some control the workout for you.

Telemetry & Pulse Grips

Display refers to the screen you'll look at to monitor workouts. LED and LCD displays are similar to TV screens.

Multi-Color Backlit LCD
Max. Weight

Max. User Weight is the amount of weight, in pounds (lbs), that the bike can safely support, which can represent durability.

275 lbs

Dimensions are included to help you figure out if this treadmill will fit properly (Length x Width x Height and Height x Depth).

63" x 25" x 46"
Weight: 117 lbs
Accessory Tray

Some bikes include an accessory tray for holding items such as water bottles, wallets, keys, or MP3 players like iPods.


Cooling Fans


Some exercise bikes can fold up and/or have wheels that make it easy to roll them around for convenience and to save space.


The warranty is a very important part of your investment. The longer the warranty, the longer you can get free/discounted repairs by the manufacturer.

Frame: 5 Years
Mechanical: 1 Year
Electronics: 1 Year
Wear Parts: 3 Months
Labor: 3 Months

Rating: 0%

Full Review

Quick Summary
Rating: 82.8/100. Basic, entry-level exercise bike does not offer a ton of luxuries, but does feature 16 levels of resistance and 17 workout programs. Recumbent exercise bike designed to provide extra support for back, lumbar support also included with seat. Oversized and deluxe pedals provide additional stability.

– Eddy Current Brake resistance w/ heavy-duty flywheel
– Big selection of pre-defined workout programs
– Oversized and deluxe pedals
– Seat adjusts to your preference
– Schwinn Advantage Workout Training included
– Monitor heart rate with telemetry system

– Exercise bike offers no cooling fan
– Very few electronic features (iPod dock, speakers)
– Average warranty with one year coverage on mechanical and electronics


The Schwinn 240 is a quiet trainer driven by the Eddy Current Brake system.

The exercise bike is very comfortable with a padded seat and oversized deluxe pedals. Schwinn is heavily regarded for their comfortable exercise bikes and the Schwinn 240 is no exception.

If you are looking to improve health the Schwinn 240 delivers a fantastic low impact, aerobic means to exercise.

Workout Programs

The Schwinn 240 is equipped with 17 workout programs, including eight course profiles, target heart rate and two user profiles with custom workouts.

The trainer also features telemetry and contact heart rate monitoring.

Stay informed on all important exercise data thanks to the multi-color backlit LCD display.

If that is not enough, the Schwinn 240 exercise bike also includes access to Schwinn Advantage Workout Tracking.

Exercise Bike Features

The Schwinn 240 is not only effective but very compact. If your short on space yet worried about sacrificing quality for a cheaper, poorly constructed exercise bike consider the Schwinn 240. They managed to produce a compact exercise bike with no strings attached.

The performance of the Schwinn 240 does all the talking because the heavy-duty 20 lb. flywheel, “Step Through” frame (300 lbs. max user weight), oversized and deluxe pedals, padded seat and telemetry heart rate monitoring are all respectable.

The seating system features a padded ergonomic seat with dual-position lumbar support. It also adjusts to individual preference if you plan to share the trainer with other people in the household.

BioDyne Performance on the Schwinn 240 offers a perimeter weighted flywheel for a true road feel, and smooth, consistent workouts.

Oversized stabilizers and levelers that are built-in for a solid workout platform.

One knock on the Schwinn 240 is the lack of toys such as the iPod/mp3 dock and built-in speakers commonly found on competitive models.

Warranty & Guarantee

The Schwinn 240 exercise bike warranty and guarantee includes:

– Frame: 5 Years
– Mechanical: 1 Year
– Electronics: 1 Year
– Wear Parts: 3 Months
– Labor: 3 Months

For all questions (including returns), please contact (800) 605-3369.


Do you want an exercise bike loaded with extra features (cooling fan, iFit Live) or do you need something that is dependable and durable? The Schwinn 240 is not equipped with a ton of features, but it does have the tools you need for a dependable recumbent bike.

Compare to other Schwinn exercise bikes.

Other Schwinn Exercise Bikes