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I have used the 16-25 Railcard discount back in the day. It is an excellent way to reduce outgoings, but is not widely publicised. First buy the Railcard (online, but I recommend getting a physical card sent out) – quite often you will find 10% off codes online, then go to an Overground or National Rail ticket office and on the basis of presenting your railcard have them apply the 30% discount to your Oyster card.
Note that this doesn’t work with contactless, and you will have to remember to do this every time you renew your railcard. The 30% off applies only off-peak (not to journeys where you touch IN 0630-0930 & 1600-1900) – the touch OUT time does not matter as long as you comply with Maximum Journey Times. Sadly TfL removed the concept of the off-peak cap some time ago, so your daily cap is unaffected by the Railcard (but your actual off-peak fares are cheaper).
An interesting point. I note that the Cannon Street/Bank OSI now takes account of the much shorter distance between the two due to the opening of the Bloomberg entrance, which removes the main reason for entering via Monument.
I suppose the key difference between these examples now is that whereas Cannon Street/Monument are adjacent and have frequent service, Monument and Liverpool Street are separated and connected only by the vagaries of the Circle line.
Hi Mike,
Thanks for your reply. I think it will need to go down as one of the mysteries of TfL. There are of course direct trains from Bank to Liverpool Street too, and the walking distance is only a tad longer (arguably simpler) and well within the distance of the farthest OSIs. DLR is quite a specific case as the exit is equally easy (awkward) to both gatelines. Having thought about it some more, the lack of a Monument/Liverpool Street OSI could well just boil down to the active OSI being for the benefit of Waterloo&City line passengers. The official rationale will have to remain a mystery.
