Why Do Gyms Charge An Annual Fee?

What month is Planet Fitness annual fee?

Annual Fees The annual fee for all plans is $39.00, charged once a year.

As always, check with your location, but this should be charged on or around August 1st..

What is the meaning of annual fee?

An annual fee is a yearly charge by banks and financial institutions to customers for use of their credit cards. The card issuer adds the annual fee to the customer’s statement.

Is Planet Fitness really $10 a month?

In addition to the $10 a month membership, Planet Fitness also offers the PF Black Card®* membership which is $19.99 a month and includes the ability to bring a guest every day at no additional charge, access to all 800+ clubs in the Planet Fitness chain, use of massage chairs*, HydroMassage Beds*, tanning*, Total Body …

How do I cancel my gym membership without paying a fee?

If they agree to let you out of your membership without paying a penalty, ask for a written letter of acknowledgement. If you’re thinking this all sounds like too much effort and cancelling your credit card or just taking your payment method off your account is a better solution.

How do I avoid annual fee at the gym?

MembershipTry out the gym on the day and time you always intend to work out. … You can always negotiate. … The “initiation fee” is almost always negotiable. … Join a day or two before the end of the month. … Pay for your membership in advance. … Canceling can be difficult. … Hack the machines. … Only pay for certified trainers.More items…•Mar 16, 2016

Is the black card worth it Planet Fitness?

The Planet Fitness Black Card Membership has great perks, and it’s not terribly expensive given all of the nice offerings available. It may be worth checking in with your local PF to see what exactly is offered in their Black Card area since the offerings do vary somewhat by location.

What happens if you don’t pay Planet Fitness?

If you have an outstanding balance you will have to pay that first. It has to be cancelled at your home gym. If you have the black card you may have to pay a buyout fee for the 12 month contract, depending when you signed up for your membership. If you have the white card it is free to cancel.

Why is it so hard to cancel gym memberships?

The people who lack motivation and don’t go to the gym to make use of their membership also tend to lack the motivation to jump through all those hoops to cancel the gym membership. The result is lots of people who have memberships they don’t use and don’t cancel making lots of money for the gyms.

Can a gym sue you for not paying?

In short, yes. If you fail to pay your membership fees, your gym can send your account to collections, which is a major negative mark on your credit report. A gym membership is just like any other recurring bill. The method you used to pay the bill does not matter.

Can Black Card guests use massage?

PF Black Card® Membership Perks The PF Black Card® is the membership that loads you with awesome benefits. You can get access to any of our 2000+ locations worldwide, bring a guest every time you work out, use our massage chairs, hydromassage, tanning, travel perks and more**. We even throw in ½-priced cooler drinks.

How can I get out of a gym contract?

In order to terminate a contract, many gyms require members to submit a notarized letter of cancellation. This is a letter signed by an official notary public. When writing the letter, be sure to include your name, address, email address, and phone number. You must also list your gym account number.

Why do gyms have contracts?

“Gym club contracts are drafted in such a way as to not allow a person to quit without suffering a penalty. They are legally binding agreements that can can only be breached when the terms of the contract are unconscionable or otherwise specifically prohibited by law.”

What is an annual fee for a gym?

Annual fees. If the gym membership is $10 a month, but you’re paying, say, an $80 annual fee, really you’re paying closer to $16 a month every year (and if there’s a registration fee, add that on, and the first year, you’re paying even more per month).

Why did Planet Fitness charge me $39?

According to Planet Fitness’ FAQ page on its website, in order to have access to the gym facilities, there is an annual charge of $39 that “goes towards club maintenance and upkeep.” This fee is due once a year and for a lot of people, that time of the year happened July 1, 2020.

Does Planet Fitness charge an annual fee?

Annual fees are billed to a member once per year. Your annual fee billing date is dependent on your join date and membership type. A staff member at your club can help you determine when your annual fee date is.

Can a gym refuse to cancel membership?

Even better, send the gym’s headquarters a registered letter requesting cancellation. As long as you’re not trying to cancel a membership before a contracted period expires, companies can’t legally ignore such a written request.

How do I cancel my gym membership at Anytime Fitness?

Anytime Fitness allows for a seven-day cooling-off period.Review your Membership Agreement before you contact your home club.Pay attention to the specific cancellation policy regarding your state.Find the contact information for your local club using the Club Locator.Visit your local club and follow their instructions.

Can gyms charge a cancellation fee?

Like many contracts, cancelling a gym membership may mean paying a fee. Even if the contract requires you to visit the centre to cancel in-person, you should still provide a written cancellation as well. This means you can prove the date you requested your membership to end.

Is Planet Fitness still charging me?

They will respond to your inquiry as soon as possible. For all locations that are currently closed, we have proactively frozen all memberships on your behalf. You will not be charged any fees until your club reopens. How do I transfer my membership to a different Planet Fitness club?

What happens if I cancel direct debit?

If you cancel a direct debit before your contract is up, you will still owe the company money for their services. You will have to check with the company concerned about terminating your contract early, or changing the way you pay. If you don’t, the company is within their rights to recover money from you.

How much does it cost to cancel Planet Fitness?

The cancelation fee depends on the membership you have. Those that have a 12-month commitment and haven’t finished their first year will have to pay $58. On the other hand, there is no cancelation fee for those who have been a member for more than a year or those who signed up for a no-commitment membership.