Payments

The fine print on your membership payment form will cost you, so be sure to read it! Many gyms charge an initiation fee (or a wear and tear fee) averaging about $100 in addition to payments.

• “Specialty” Member: Restrictive gym use to only the activities you sign up for, you don’t pay for what you don’t use(Use of only courts, pool, or classes for example).

• Month-to-Month Payment: Offers you the flexibility to leave with no penalty normally withdrawn directly from your bank account. The breakdown is usually more expensive than longer term contracts.
• Short Term Membership: Some clubs and gyms offer 3 and 6 month memberships, which lie somewhere in savings between the monthly and yearly fees.
• Yearly Payment: Large up front non-refundable (with few exceptions) payment which generally allows for a lower price.
• Multiyear Contracts (3+ years): Generally cheaper from month to month due to the longer contract, but look carefully at the hidden fees, and be very sure you love that gym and will your money’s worth. Multiyear contracts at well know nationwide gyms are harder to get out of than multiyear cell phone contracts!

Tips for Getting the Best Deals

• January is a great time for new beginnings and the best savings, many gyms offer post New Year specials.
• In May on your way to go bathing suit shopping, stop by the gym and check out what specials they’re offering.
• Looking for the best time to find trainers eager to sell memberships at a better price? Visit the gym on a slow morning or mid afternoon during the weekend, and let them know you’re shopping around.
• Family membership rates tend to be lower, so sign up with a significant other or the whole clan!
• Be sure to check with your company’s Human Resources. Some employers will offer assistance toward your gym or health club membership via reimbursement or discount partnerships with local facilities.