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Save Money on Travel in London

 

Screenshot 2020-06-18 at 12.59.10

 

As far as personal expenditure goes, London is one of the least "budget friendly" cities in the world. If you’re working in London, you’ll be taking public transport to commute to various locations across the capital, and if you’re not careful, your travel expenditure could sky-rocket. Here are few handy tips to keep your travel costs in check…

 

Get an Oyster Card:

 

An Oyster Card is a stored value smart card, which you can used on public transport around London. You can purchase an Oyster Card for £5 in all London Underground and Tube Stations, most TFL Rail Stations, online by creating an Oyster account or in Newsagents and Oyster Ticket Shops. The good news is, the credit on your card will never expire, so it stays there until you use it. This can be a cheaper alternative to paying with cash, or contactless bank cards each time you travel. As a comparison, using your Oyster Card for an Off-Peak Single on the Tube in Zone 1-6 will cost £3.10, whereas paying with cash will cost you £6! Ticket prices are almost 50% cheaper on your Oyster Card. If you’re planning to travel at least 3 times a day, you’ll benefit from the “daily cap”. This means the maximum amount of credit that can be deducted from your Oyster Card in one day. For instance, the daily cap in Zone 1-2 is £7.20.

 

Get a Travel Card:

 

A travel card gives you unlimited travel at any time on the Bus, Tube, Tram, DLR, London Overground, TfL Rail and National Rail services in London. If your commuting to the same site for 5 days or more, you should consider getting a travel card. These cards are available in periods of 7 days, 1-month and up to 1 year. For instance, a 7-day Travel card for Zones 1 and 2 will cost you £36.10. Assuming you paid cash each trip, and you hit the fare cap of £7.20 each day within a week, that will cost you £50.40 in total. You can choose the number of zones covered in your travel card and compared with paying per trip, will save you quite a bit on travel fares.

 

Buses:

 

Buses are one of the most affordable methods of transports around London. Each trip costs £1.50 regardless of which Zone or distance travelled. The daily cap on buses is £4.50, and if you’re commuting to the same site for the week, you can buy a weekly Bus/Tram pass for £21.20. If you were paying for each trip, and hitting the daily cap, the weekly pass would save you over £10!

 

Cycle:

 

Cycling around London has been made much easier since the introduction of the Cycle Hire Scheme in 2010. You can hire bikes for £2 for 24 hours, at the numerous docking stations across the capital. In fact, there are more than 750 docking stations and over 11,500 bikes for hire in London. The first 30 minutes of each journeys are free, and for longer journeys it costs £2 for every additional 30 minutes. You will have completed your journey when you leave the bike at the nearest docking station to your destination. These bicycles can be hired using a bank or contactless card. Alternatively, if you have your own bike, there are designated cycle lanes to safely ride throughout London.

 

There’s no denying that travelling around London isn’t cheap, but you can manage your travel costs by following these tips and ensure that your next commute is a cheaper one!

 

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