On Tuesday TfL announced details of the new fares to be charged from 2nd Jan 2014. Overall it’s very good news for Oyster PAYG users, especially those with 16+ zip cards. Not so well off are those who buy travelcards, although the actual size of the increase on those has been put into doubt by the Chancellor’s Autumn Statement this morning. We may have to wait a few days to see if anything changes.
In the meantime, here are the main changes from an Oyster perspective:
- The 50% discount on adult TfL-set fares for 16+ zip card holders is being extended to all rail fares. This is very good news for families. A side bonus means that it will no longer be necessary to add the 16-25 railcard to a 16+ zip card which cuts a fair amount of hassle for those living away from Underground stations.
- PAYG fares for TfL-Rail are frozen apart from the zone 1 single and the zone 1-2 off-peak single which rise by 10p.
- PAYG fares for NR and NR+TfL rise by 10p or 20p, but the detail here must be subject to change after the autumn statement.
- Bus and tram single fares rise by 5p, but the daily cap remains at £4.40 meaning that the 4th journey now only costs 5p.
- Daily caps, both peak and off-peak, remain at 2012 levels for the third year, further increasing the differential between the caps and related one-day travelcards.
- As a side note, the zone 1-2 and 1-4 off-peak travelcards are withdrawn while the caps remain.