New Monthly Subscription Fees from 2025
05/12/2024 17:53
New Monthly Subscription Fees from 2025 |
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Dear Members, |
I’m writing to inform you that the Board of Governors has voted to increase the monthly subscriptions for all categories of membership, effective from February 1, 2025. |
Subscription fees for accounts with only one card will increase by HK$75 to HK$1,375 per month. Monthly subs for accounts with a spouse member will increase by HK$100 to HK$1,400 per month. |
The quarterly minimum spend for accounts with a spouse member will also increase by HK$100, to HK$1,000 per quarter, effective from Q1 2025 (January 1 to March 31). The minimum spend for accounts with only one card will remain unchanged. All joining fees will also remain unchanged. These fee adjustments apply to all categories of membership. |
This fee adjustment is in line with the Board’s commitment to review monthly subs on an annual basis to ensure that our fees keep up with inflation and remain competitive, which was communicated this time last year. |
The decision to create a small fee distinction between members with only one card and those with a spouse member reflects the additional value—two for the price of one—that members with a spouse card registered to their account enjoy, while making every effort to keep subscription fee increases to a minimum. |
I’m proud that the FCC remains one of the best value clubs in the city—even with this latest amendment to our fees—but we must balance value for members with the long-term financial health of the club. |
One way that we can all help to increase club revenue is to recruit more members. If you’re successful in referring any new member to the club, the HK$2,000 in club credit that you will receive for recruiting a new member will more than pay for this increase in subs fees—the definition of a win-win! |
Our Family Promotion, which offers a 33 percent discount on the joining fee to any family member you introduce to the club, will close on December 31. |
On behalf of the Board, I wish you a happy and peaceful festive season. |
Yours faithfully, |
Lee Williamson President |
[email protected] |