Whether you are buying a new or used treadmill, you will have several different choices regarding your method of payment, many of which involve the withdrawal of funds from your checking account. Paying through a checking account transfers the money directly to the seller, which eliminates the need to later make a payment to your credit card company. There are several ways to make payments for a treadmill using a checking account.
Step 1
Pay by electronic funds transfer (EFT) or electronic check. Many sellers provide this option to consumers who buy merchandise online or by phone. Choose your payment option and provide your checking account number, your bank's routing number, the check number, and the amount due. Log the amount paid and that check's number into your account ledger and write "void" across the appropriate check in your checkbook.
Step 2
Write a check for the amount due. Mail it to the seller with the invoice for the treadmill you purchased. If you buy a treadmill at a store, present the endorsed check to the cashier. Read the seller's payment policies or ask a salesperson to ensure the seller accepts checks.
Step 3
Finance your purchase with the seller. Vendors often finance the purchase of treadmills for predetermined payment periods. You can make the monthly payments required in your financing agreement by regular check, electronic check or by scheduled periodic deduction from your checking account.
Step 4
Use a debit card linked to your checking account. Money for purchases made with debit cards is deducted from the corresponding account immediately after use. You can get a debit card from almost any bank at which you have an open account. Most debit cards carry the Visa or Mastercard logo, and sellers who accept Visa or Mastercard credit cards also accept debit cards bearing either logo.
Step 5
Sign up for a PayPal account and link it to your checking account. You may then use PayPal for online purchases at participating sellers, and the amount of your purchase is deducted automatically from your checking account.
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