Schwinn IC3 Spin Bike | Best Bike in its Price Class

The Schwinn IC3 Indoor Spin Bike doesn’t disappoint. With a heavy flywheel, solid frame, and fully adjustable seat/handlebars, the IC3 has earned its way into the best spin bike in its price class discussion.

The IC3 comes with a 40 lb flywheel, which is very respectable for the price range and plenty heavy enough to provide a smooth ride experience. With the heavier weight, it will take a little more energy to get it moving from a dead start, as well as take a bit more power to slow it down (but there’s the brake too).

The resistance is adjustable by turning a dial, which increases or decreases the amount of contact with a felt pad. This allows you an unlimited amount of resistance, but it isn’t quite as smooth as magnetic. Higher-end bikes usually use magnetic resistance because it is smooth, quiet, and virtually maintenance-free.

The Schwinn IC3 does have a small fitness console, and it isn’t particularly sophisticated, although it does offer something most in this price range don’t- wireless heart rate monitoring. However, the HR chest strap is (sold) separately. Otherwise, the monitor is pretty standard. It displays time, distance, calories, and RPM.

Learn more in my complete review below

Schwinn IC3 Spin Bike
Schwinn IC3 Spin Bike

Product: Schwinn IC3 Spin Bike

Price:  For a great deal on this bike, merely go here on Amazon

Warranty: Frame 10 years / Electronics 2 years / Parts 2 years / Labor 1 year

My rating: 8.75/10

Amazon Affiliate Disclosure: I may earn commissions from purchases made through links in this post.

Details and Specifications

  • Assembled dimensions: 48.7L x 21.2W x 49.8H (124L x 54W x 127H cm)
  • Assembled weight: 101 lbs (46 kg)
  • Flywheel weight: 40 lbs (18.1 kg)
  • Supported weight: 300 lbs (136 kg)
  • Handlebars: 4-way adjustable
  • Seat: 4-way adjustable
  • Drive mechanism: Belt
  • Resistance: Friction, felt-pad
  • Fitness console: Time, speed, distance, calories, pulse, SCAN
  • Extras: Bottle holder, tablet holder
  • Warranty: Frame 10 years, Electronics 2 years, Parts 2 years, Labor 1 year

IC3 Frame construction

The Schwinn IC3 features an all-steel frame construction designed to support all kinds of spin workouts. The joints between the frame bars are precision-welded, creating an impressive overall sturdiness. All the steel parts in the bike’s construction are double-coated with a durable paint finish, resistant to corrosion, chipping and scratching. The color used is black.

The only non-metallic parts in the bike’s construction are the belt guard and several other small covers. Most of the frame steel bars are oval, a feature which not only bolsters the unit’s overall toughness, it also improves its aesthetics.

There’s a small horizontal bar welded between the upright seat tube and the oblique frame tube, which can serve as a step-up bar. This feature not only can help entry and exit, but specific spin workouts also require it.

The Schwinn IC3 isn’t a colossal trainer. It’s approx. 49″ (124 cm) long and 21″ (54 cm) wide when fully assembled. Also, the highest point of the handlebar can reach approximately 50″ (127 cm). Thus, the bike can fit well, even in a small room or apartment. However, it is recommended to keep at least two feet of space all around it, for safe entry, exit, and operation.

Compared to the average road bike or mountain bike, this Schwinn bike is considerably more substantial. With the frame fully assembled, it weighs approximately 101 lbs (46 kg). All this weight improves its stability. However, its stability is also enhanced by the adjustable levelers on both its base bars. These allow you to stabilize the unit on any floor correctly.

Schwinn IC3 Spin Bike

The front base bar has a set of transport wheels. Thus, relocating the trainer once you have finished with your workout shouldn’t be a problem.

Seat and handlebars

The seat supplied with this Schwinn exercise bike is similar to most indoor cycling bike saddles. Although it does integrate cushioning elements, especially at the rear and has a longitudinal groove for superior airflow, it’s not a seat made for comfort. Therefore, if you’re new to spinning, you may find it slightly uncomfortable for the first several workout sessions.

However, its attachment system to the slider is a standard one, so more comfortable, compatible replacements for this seat are widely available. Also, you can improve its comfort via a gel seat cover.

The bike’s seat is 4-way adjustable. Its vertical bar offers seven adjustment positions. The seat is attached to a horizontal slider, which also provides several inches of adjustment. Therefore, the bike can accommodate users between 5’0″ and 6’5″ (153 – 196 cm) without any problem, delivering a complete leg extension.

The handlebar features a multi-grip design. It’s fully padded to provide superior comfort and a secure grip. It integrates a small loop aero bar in the middle to which the console and the bottle holder are attached; this bar provides an additional, close parallel grip. Just like the seat, the handlebar is 4-way adjustable, up, down, forward, and backward.

IC3 Drive System

As opposed to the older Schwinn IC2, the IC3 model comes with a heavier flywheel. It has a 40 lbs (18.1 kg) inertia-enhanced wheel, which delivers a consistent momentum and a smooth, steady pedaling motion. It’s also bi-directional, giving you the possibility to pedal in reverse if you want to put diversity into your workout.

The bike’s transmission is a poly-v, highly-durable, and resistant to stretching, rubber belt. Like any other belt drive system, it comes with several advantages. One, it generates less vibration than a chain, two, it doesn’t require periodic lubrication, and three, the pedaling motion is almost silent.

Schwinn IC3 Spin Bike
Schwinn IC3 Spin Bike

Another essential element of the drive system is the crankset. The Schwinn IC3 integrates a heavy-duty, 3-piece crankset with solid steel arms. It’s designed to support users up to 300 lbs (136 kg), and all the spin workouts. Differently put, if you don’t exceed this weight, you should be able to pedal while standing up on the pedals without any problem.

The pedals are also highly durable, made of metallic alloy. They come with toe cages on one side and SPD clips for spin shoes on the other. They also have standard 9/16 threads, so in case you will ever need to replace them, compatible options are widely available.

Resistance System

Like many other spin bikes, the Schwinn IC3 model has a friction resistance system that consists of a felt brake pad attached to the mainframe bar and connected to the turn knob on top of it.

The pad comes in contact with the flywheel in a top-down manner; as you tighten the resistance dial, it delivers more friction increasing the drag and the overall pedal resistance.

The bike’s resistance system is exclusively manual. It doesn’t require a power source, and the unit’s console does not have any control over the bike’s brake.

The tension knob doesn’t have any levels marked on it. You turn right or left until you obtain the pedal tension adequate to your training. The knob also fulfills the function of an emergency brake. It integrates a steel spring and gives you the possibility to press it down if you want to stop the flywheel instantly.

IC3 Console

A fitness console is quite a plus for an indoor cycling bike. Some commercial models don’t include this accessory. The Schwinn IC3 has a fitness console that offers quite a bit more than the average basic unit. To begin with, it has a 6-panel LCD, which shows Average RPM, time, distance, speed, RPM, calories, and pulse.

Schwinn IC3 Spin Bike

For distance, there are both imperial and metric units. For pulse reading, the bike doesn’t have integrated sensors, but the console comes with an internal sensor that can read the pulse transmitted by a heart rate chest strap that operates in the 4.5kHz – 5.5kHz frequency interval.

There are goal settings available for time, distance, and calories. You can select a target for each one of these metrics so that the console will count down from it to zero. This feature offers the possibility to keep a better track of your progress.

The console is pretty easy to use. It has four buttons, these being Mode, Reset, Up, Down. The Mode button toggles ON/OFF the unit’s SCAN function. When the SCAN function is on, the Speed and RPM values rotate on the middle right panel.

The Mode button also covers the selection function for the unit’s metrics. The Up/Down arrow buttons allow you to increase/decrease value when setting up a workout goal. And finally, the reset button clears the time, distance, and calorie values to zero.

The console has a sleep mode to which will enter after 4 minutes of inactivity on the bike. It doesn’t have any power button, so it starts up when you push any of the buttons, or when it detects flywheel movement. It’s battery-powered and requires 2 AA batteries.

IC3 Assembly and Maintenance

The Schwinn IC3 comes partially assembled. The flywheel, belt, crank, and resistance elements are already attached to the frame. The parts that require assembly are the bike’s bases, the seat with its post, the handlebar with its post, the pedals, and the fitness console.

This shouldn’t take more than 30 minutes. All the tools needed for the assembly are (included), and the manual provides clear step-by-step assembly instructions.

Since the bike has a belt drive system, its transmission doesn’t require any lubrication. The brake pad may need a bit of silicone lubricant if it squeaks when in contact with the flywheel. Other than this, it’s recommended to keep the bike clean and periodically check for loose parts.


  • Sturdy steel frame – can support users up to 300 lbs;
  • Bases with adjustable, rubberized levelers;
  • Transport wheels on the front base;

    Schwinn IC3 Spin Bike
  • 4-way adjustable handlebar, with a multi-grip design;
  • 4-way adjustable seat;
  • Friction resistance system;
  • Inertia-enhanced, 40 lbs flywheel for a smooth pedaling motion and solid momentum;
  • Heavy-duty crank made for spin workouts;
  • Dual-sided pedals, with toe cages and SPD clips;
  • Smooth and quiet belt drive, great for apartment use;
  • Multi-panel LCD fitness console included;
  • Goal setting functions for time, distance, and calories;
  • Bottle holder included;
  • Tablet holder included;
  • Easy to assemble;
  • Little maintenance required;
  • Excellent warranty.


  • The fitness console doesn’t have an LED backlight;
  • HR chest strap not included.

Schwinn IC3 Summary

The Schwinn IC3 is an indoor cycling bike built for all spin workouts. It features a standard friction brake, belt drive, and a telemetric fitness console that can track time, distance, speed, RPM, Average RPM, calories, and pulse. It offers superior micro-adjustability as both its seat and handlebars are 4-way adjustable.

It’s an excellent cycle for interval training, strength and stamina development, muscle toning, and weight loss. Finally, it’s quite an affordable trainer for the quality and versatility that it offers; it’s one of the best indoor cycling bikes that you can find at the moment under $500.

I hope you found this article helpful and informative. If you have anything that you’d like to share or any opinions about my website, please do speak up. I look forward to your comments, questions, and the sharing of ideas.

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2 thoughts on “Schwinn IC3 Spin Bike | Best Bike in its Price Class”

  1. I agree that a 40 lb flywheel is pretty solid, especially for this price. Looking over your post, I further agree that the Schwinn IC3 Indoor Spin Bike doesn’t disappoint. Sturdiness is significant when it comes to spin-cycling, and the Schwinn IC3 having such a sturdy frame is enormous. Also, it’s nice that it can fit in smaller spaces than with a bigger bike. Another feature I like, as I mentioned, is the heavier flywheel. Having a sturdy base indeed provides for a smoother ride. The console is also a bonus. This is a great bike, and I will save your post to reference. Thanks!


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