Once I sign up for a membership, is there a cooling off period for me to change my mind? Sophie from Fernwood Fitness July 06, 2021 07:07 Updated Yes. The cooling off period is 48 hours. Related articles If I decide to, how do I cancel my membership and what are the costs to do this? What happens if I go on holiday or would like some time off from the gym? How much does it cost per week? Can I use other Fernwood clubs? What is the Onboarding and why do I need it?