The PF Black Card® membership*, which is $19.99 a month, includes additional amenities such as the ability to bring a guest every day at no additional charge, access to all 1,100+ Planet Fitness locations, as well as access to massage beds and chairs and tanning, among other benefits*.
To avoid being billed the annual membership fee, you need to cancel by the 25th of the month prior to the annual fee date. Also, those who cancel before they've completed their minimum commitment will pay a $58 buyout fee.
As with most corporate decisions, the bottom line is the reason for a price increase. For starters, it's costing Planet Fitness more to provide the facilities for its members than in the past. Based on inflation, the $10 monthly membership would be about $20 today, Fitzgerald said.
“White Card" is $10 a month and allows access to your home gym (one location). Pay an additional $5 and you can go to another. “Black Card" is $20 a month and allows access to all their facilities.
This is a one-time startup processing fee to get your membership set up. Don't worry, you'll only pay this once.
The $40 fee that you pay mid-way through your membership is your annual fee which goes towards new equipment and repairs!
The $10 price is right in the sweet spot, he said: cheap enough to draw people to Planet Fitness who want to get in shape and, equally as important, not so expensive that they will cancel if they don't go often.
What is the Planet Fitness deal? Planet Fitness, with over 2,600 locations across the U.S., is offering new members a special offer to sign up for the fitness club. For a limited time, new members can join their local center for just $1 down (and $15 a month) to acquire a classic membership.
If there aren't enough funds in your account to cover the obligations, Planet Fitness is entitled to double-debit you on the following month's debit order run, or we may monitor your account and re-present the instruction for payment once sufficient funds become available.
Please note, to stop the billing of your monthly membership on the 17th, the club must receive written notice delivered by the 10th in person or through mail, as it may take up to 7 business days for billing changes to take effect.
No. A black card member may bring you as a guest, but independently you will need your own planet fitness membership. Every member is a cardholder and each card is connected to photo id.
Planet Fitness also offers a base membership, which costs $10 every month, a $49 startup fee and a $49 annual fee, with a 12-month commitment. It's the more cost-efficient option, though you lose access to the rest of the aforementioned Black Card perks.
Planet Fitness will raise the price of its “classic” membership from $10 a month to $15 for new members beginning in the summer. The “classic” membership gives people access to one location. (Planet Fitness' $25 monthly “Black Card” membership offers more location access and perks.
What is an annual fee? An annual fee is a cost you pay credit card issuers for having certain cards. It's normally due once a year, but some issuers ask for monthly installments. Annual fee amounts can vary.
The most frequent culprit is the annual membership fee. Many Planet Fitness memberships include an annual fee of around $49.
Get your free day pass in the PF app! Start your fitness journey with a FREE day pass - just download the PF App or stop by a club near you! Use your day pass at any participating Planet Fitness location and find out what motivates you!
"To stop the billing of the annual fee, cancellation must be completed by the 25th of the month prior to the annual fee date. "If your membership has a minimum term and is canceled prior to end of contract term, a $58 buyout fee is required."
If you missed a payment deadline, Planet Fitness might have assessed a late fee. The exact amount varies by location, but $40 is a plausible late fee. Always pay your membership fees on time to avoid these extra costs. Review your payment history to see if you missed a payment.
Can my guest visit the club without me? Yes, another great feature of our Black Card and Premium memberships is Family Sharing.
Commitment. The Commitment length associated with your membership is the minimal number of months you will be billed. If you cancel before this time, you may be subject to a buyout fee. For No Commitment memberships, you may cancel at anytime without paying a fee.
"We use a disciplined data-driven approach to determine the best balance between the higher dues while minimizing loss of membership. Based on our learnings, we decided to change the price of the classic card to $15," PlanetFitness CEO Craig Benson said on the earnings call.
The PF Black Card® is our most popular membership, loaded with perks including access to any of our 2,600+ locations worldwide, bringing a guest every time you work out, and so much more.
Planet Fitness has no-frills gyms, with a basic selection of machines, no steam rooms or towels in the locker room to hold down costs. Higher costs threaten its business model - known in the fitness industry as high volume, low price, or "HVLP" - more so than luxury gyms.