Planet fitness gym does not accept cash. They want you to pay for their monthly membership with a credit or debit card. When you sign up for a membership, it is a recurring payment and you will be charged on your credit card every month until you cancel the account.
Planet Fitness Gym makes it easy to join up and get back into shape. They make it easier for members to stay active and healthy by offering EFT payments so that members never lose access to the gym.
Does Planet Fitness Accept Cash?
Planet Fitness- gym does not accept cash payments for membership. You have to pay with either a debit or credit card. If you bring cash, it will be considered as an invalid form of payment and will not process your registration.
They do not accept cash payments from members. You’ll need to give them your checking account number so they can perform an electronic funds transfer (EFT). This keeps memberships from lapsing, which means you never lose access to the gym!
How To Set Up Electronics Fund Transfer ( EFTs)?
Electronic Fund Transfer (EFT) is a payment method that allows you to transfer money from your bank account to the seller’s account. It is a more secure way of making payments online and it’s more convenient than using a credit card.
Electronic funds transfer ( EFTs) is a fast and convenient way to pay bills and other financial transactions, including direct deposits and withdrawals. You can set up all of your electronic transfers through the Internet or by phone.
Setting up Electronic Funds Transfers (EFTs)
You may be able to set up electronic funds transfers (EFTs) payment through your bank’s website or by calling the bank’s customer support line. If you’re not sure whether your account allows EFTs Payment, ask your financial institution or visit its website to find out more information.
Some banks charge fees for this service, while others don’t charge anything extra at all. The exact fee will depend on your bank and what type of account it is. For example, a checking account might have a lower fee than a savings account because it has more activity going through it each month. However, gyms still need to collect payments from those who want to pay in person with a check or credit card.
Why Do Gyms Not Take Cash?
Some gyms are cash only, but most are not. When you think about it, it makes sense that they wouldn’t want to take cash. First off, it’s more convenient to swipe your card than dig through your wallet for exact change. Second, they don’t want to deal with the hassle of security and theft that comes along with taking cash.
Gyms aren’t like restaurants and gas stations, which only take cash in order to avoid paying credit card fees. That doesn’t apply here because these places are small businesses with low margins they need every penny they can get in order to survive. Gym memberships aren’t cheap either (they range from $10-$50 per month), so gyms don’t make much money on them anyway. In fact, many gyms have membership fees as high as $200 per month!
Gyms don’t take cash because of the extra work it takes to count, deposit and audit cash. It’s easier to just use a card reader.
Gyms have turned to swipe cards to make it easier for members to pay for their monthly dues. This is a better option for both parties: The gym gets paid on time, and the member doesn’t have to worry about carrying around cash or remembering their card at home.
Does Planet Fitness Accept Cash?
“Planet Fitness gym” will not accept cash, checks or money orders for memberships. You can give them your checking account info—just be sure to choose the correct number for which you want the payment applied (they will send a confirmation e-mail after the transaction). If you need to switch between checking accounts at any time for any reason, just update your information on their website.
You can’t pay for Planet Fitness memberships with cash. Luckily, setting up a checking account is easy so you can set up electronic transfers. Then, you’ll never have to manually renew your membership, and if you can’t get a checking account.