The Top Online Places for Treadmill Financing

With the economy being what it is, it is good to know you can get treadmill financing to spread out the payments of a new cardio machine. With deferred or no interest to pay for months, the offers are worth looking into.

Icon Fitness Brands

Most of the ICON Fitness brands offer some kind of financing on new treadmills, including NordicTrack and ProForm, the two most popular and best selling brands they offer.

They also have financing options for HealthRider, FreeMotion, Image, Weslo, Reebok, and Gold’s Gym treadmills.

Icon Financing uses Paypal Credit, with 6 months (180 days) of deferred interest and deferred payment when you spend at least $500. In other words, you make no payments for 6 months, and then pay the balance in full by the due date to avoid the finance charges.

Interest accrues and will be added to your balance if you do not the pay in full by the expiration date of the special terms. (APR will be 19.99% variable.) Payments will then be calculated at 3% of the total or $25, whichever is greater. Shipping charges (if any) and taxes can be financed along with the treadmill.

A second treadmill financing option is 18 months of reduced payments and interest when you spend at least $1000. Pay 1.5% of the highest account balance and the APR is reduced to 19.99%. The balance must be paid by the expiration date of the special offer.

UPDATE:  As of 2020 ICON is no longer offering Paypal Credit or the more recent Fortiva Retail Credit. 

NordicTrack now has NordicTrack Financing and ProForm has ProForm Financing, issued and administered by TD Bank, NA.

There are two options: no money down, no interest if paid in full in 18 months, or 0% APR for 12, 36 or 39 months with equal payments.

Other Brands With Treadmill Financing

Many of the other big players now offer treadmill financing as well as they realize the need to give their customers more payment options.

Sole Fitness and Horizon now offer Citizens One credit. You can finance your purchase at 0% APR for the first 12 payments and 29.99% APR for the remaining 12.

Bowflex offers the Bowflex Credit Card, allowing you to pay over a period of 18 months with no interest.

Amazon Offers Financing As Well

At Amazon, you can also get instant credit and be issued an Amazon Store Credit Card by filling out their simple application. Credit approval usually takes less than 30 seconds.

There is no annual fee for the Amazon credit card, and they have exclusive treadmill financing offers such as No Interest for 6 months, 12 months, or 24 months, depending on the qualifying purchase. The card also provides Zero Fraud Liability, which means you are not held responsible if there are unauthorized charges made on your account.

Minimum monthly payments are required with all offers, and interest will accrue from the date of purchase if the balance is not paid in full within the specific offer’s time period.