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.
What are the reasons for a $49 charge from Planet Fitness? The charge is due to the membership not being cancelled properly, even after the member has requested to stop the charges. This is because Planet Fitness takes the member's account and routing number, making it difficult to stop the charges.
To stop the billing of the annual fee, cancellation must be completed by the 25th of the month prior to the annual fee date. Lastly, if your membership has a minimum term and is canceled prior to end of contract term, a $58 buyout fee is required.
There could be any number of issues causing it: insufficient funds, bank account or routing number entered wrong, account could be blacklisted if you've blocked gym charges before. Your best solution is to just ask them, they can look it up if you call them.
The Annual Fee is automatically debited from your account once a year and helps us keep your account up to date and running smoothly.
Remember, successfully canceling your Planet Fitness membership doesn't mean you'll get a refund. Planet Fitness might not prorate your bill or return any fees, depending on the terms of your membership contract.
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.
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.
"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.
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.
"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."
What is this charge for? The Annual Fee is an investment which provides for equipment upkeep, facility maintenance and periodic upgrades at our locations.
Planet Fitness memberships start at $10 or $24.99 a month before taxes and fees. Members also have to pay an annual fee.
For $1 down, $19.99 a month, get access to our clean & spacious, Judgement Free Zone® + a friendly staff to show the ropes with our FREE unlimited fitness training.
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. Join Planet Fitness in 2022 and bring a friend for the whole year for free! Multiply Premier members qualify for the Black Tag offer at Planet Fitness valued at R150 per month for a Club membership or R99 per month for JustGym membership when they sign up for a gym membership at 25% off.
“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.
Planet Fitness owners can make over $130,000 per year. This is calculated based on average Planet Fitness franchise revenue of $1,300,000 to $1,800,000 per location, with profit margins generally between 10-15%.
Planet Fitness doesn't really have a specific student discount. But, they do have the High School Summer Pass. High schoolers aged 14-19 can work out for free at any Planet Fitness location from May 15 through August 31. The program has been a hit over the past few years, so it's likely to return in 2024 so let's hope.