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Gyms figured this out long ago and now many require EFT.


Interesting. My climbing gym accepts credit cards. It also allows me to cancel or freeze my membership online, though.

If I were in that situation, I suppose I would open a new account just for that purpose, turn off overdraft, and transfer money into the account as needed.


Guess I'll never be joining a gym then. No one gets to pull money from my checking account.


EFT?


Electronic Funds Transfer — an electronic transfer from a bank account.


Electronic Funds Transfer, also known as... credit card payment?


No, it's a debit account payment, like a check.




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