This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Strategies for the Best Gym Membership Deal

NEW YORK ( TheStreet) -- If losing weight and exercising are among your New Year's resolutions, chances are the gym will play a major role.

And the health club industry is taking notice, as gyms across the country roll out special deals for the month of January to cash in on your health goals. As a consumer, this makes January the best time of the year to join a gym.

Here are 10 strategies to secure the best price and negotiate a stellar deal on a membership:

1. Trials

Even if you've heard rave reviews of a certain gym or the sales representative claims it has the best equipment in town, always ask for a free trial -- at least for a day, and sometimes you can negotiate for up to a week.

Only you can decide if the gym is right for you, and with a trial you want to be able to determine if you can picture yourself spending hours each week in this gym -- -- because there's no sense paying for a service you don't use!

2. Know the contract

Many gyms require you to enter into a 12-month contract, which is a major commitment. You may feel empowered to jump on the treadmill and bench press now, but in six months, will you be heading to the gym with the same fervor?

If a year contract is too long, find a gym that allows you to pay month-to-month.

3. Don't pay upfront

If a gym asks you to prepay membership fees -- whether for a year or even for a few months -- don't do it! If the gym closes down or goes out of business, it will be a stressful process to get your money back.

Paying each month, typically with the gym charging your credit card, is the best way to proceed.

4. Special discounts

Did you know your employer or health insurance plan may offer special gym discounts?

"See if they offer some type of incentive or discount if you join a health club or take a yoga class -- they want to keep you healthy, so talk to your HR department," says Jeanette Pavini, a savings expert.

Also, check to see if your credit card issuer is offering a special rewards bonus for gym memberships, such as 5% cash back.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.27 -0.76%
FB $101.00 1.47%
GOOG $684.12 0.89%
TSLA $143.67 -3.09%
YHOO $27.10 1.04%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs