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Why is the quarterly fee higher than the monthly bank draft fee?

Bank draft fee quarterly
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Why is the quarterly fee higher than the monthly bank draft fee?

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A. The YMCA’s quarterly fee is roughly 15% higher than the monthly bank draft due to the higher percentage of cancellations. Most YMCA’s only offer two forms of payment methods – bank draft or annual. The Athens YMCA knows that not everybody has a checking account, and/or the ability to pre-pay an annual membership. Therefore, the YMCA offers a quarterly and a six month membership.

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