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Tips to save money on London Tube/Underground

£0.00 @ Transport for London
Not really a deal... more a compendium of tips Buy an annual Travelcard - An annual travelcard costs is 15 percent cheaper than if you buy it monthly; a one year travelcard from Zone 1-9 will cost… Read More
siliconbits Avatar
9y, 1m agoFound 9 years, 1 month ago
Not really a deal... more a compendium of tips

Buy an annual Travelcard
- An annual travelcard costs is 15 percent cheaper than if you buy it monthly; a one year travelcard from Zone 1-9 will cost your £2600 rather than £2995.20 if you buy Travelcards monthly.
- A season Travelcard will give you 1/3 off the normal fare on Scheduled Riverboat services - just show your Travelcard or Oyster card with a Travelcard on it at the time of travel.
- If you can afford it, buy your ticket using a credit card if possible which gives you cashback - Egg will give you back up to £26.
- If you can't afford it, buy the ticket using a credit card and transfer it to a long 0% deal. The Virgin MBNA card gives you 15 months, 0% with a 2.98% fee, you will be charged £77.48 for that.
- Of course, you can combine the two above and keep the £2600 you saved for your bank account stashed in an ISA and pay them back after one year. £2600 will give you more than £130 worth in interest.

Adult rate annual Travelcards (Gold Cards) also offer you, your family and friends reduced prices on rail travel throughout London and the South East area on most National Rail services.

You can:
Save 1/3 on a range of single and return National Rail tickets when travelling after 1000 Monday to Friday, or anytime at weekends and on public holidays.
Travel First Class for a supplement of only £5 (£2.50 for children) per single or day return journey some travel restrictions apply.
Buy Zones 1 - 6 Off-Peak Day Travelcards for friends and family at an adult reduced price of £4.80 (£1 for accompanying children)*. Off-Peak Day Travelcards with additional availability from National Rail stations outside the zonal area are also available at reduced prices.
Gold Card holders can buy a Network Railcard for a relative or friend for just £1, a saving of £19 on the full price. A Network Railcard offers similar reduced prices to those available to Gold Card holders but these are subject to minimum fare and other restrictions.
* If you hold an annual Travelcard valid in Zones 1-6 you only need buy reduced price tickets for accompanying adults and children. If your annual Travelcard is not valid in all of Zones 16 and you are buying reduced price tickets for accompanying adults, you will also need to buy a Zones 1-6 Off-Peak Day Travelcard for yourself.
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#1
Glad I don't live in london. For me running a car, including fuel, all other costs & depriciation, travelling 15K per year costs less.
#2
The simplest way to save money for visitors is to realise that you can easily walk two or three stops for any location within the circle line area, it's healthier, it's cheaper, and you don't have the hassle and crush, and you might see some cool architecture. Often quicker too.
#3
not a fan of this deal, noone requires a travelcard year round so its not really worth it in my opinion! plus the service is pretty naff. I have a scooter, much more sensible idea. you can pick one up for 1500 and then insure it and pay for petrol for the same price as a travelcard and you have total freedom!
#4
how about learning to jump high and fast? :whistling:
#5
£2600 a year? That`s more than I pay for my tax, insurance and repayments on the loan I took out for the car! In fact, that still laves me enough money for diesel to drive about 5000 miles per year, more if it`s motorway driving.

Londond is stupidly expensive! :-)
#6
Obviously most people here miss the point... I was just trying to be helpful to people who can't do otherwise and HAVE to buy a Travelcard. If you live near your work and have your own pad, that's your life. Me and my wife live on one side of the city, and live on top of a shop, and work in central London. I've tried this trick and it saved us a few hundred pounds.. Maybe it will be useful to others...

Don't vote it cold because you hate trains, tube and London in general.
#7
Hmmm, Thanks for at least making me think of this option silicon. I live in zone 3 and regularly go into zone 1 (maybe four times a week) so I'm not sure whther it'd be 'worth it' for me but I'll go away and do some maths ;)

Voted hot. To comment London is expensive is a no-brainer - this tip is what the site is all about saving money/making money work for you.
#8
Thanks for the info siliconbits, voted hot. Good for people that this may apply to. Happy 500th post :)
#9
SimonFin
£2600 a year? That`s more than I pay for my tax, insurance and repayments on the loan I took out for the car! In fact, that still laves me enough money for diesel to drive about 5000 miles per year, more if it`s motorway driving.

Londond is stupidly expensive! :-)


That was like Zone 9 travelcard. A Zone 1 - 3 travelcard is about £1400 a year if bought weekly. That covers a vast amount of London.

London is good if you're young or have a good job. I think it would suck if you were married with children and didn't have a good job to pay for the extra costs of the area.
#10
If you live in London and use the tube regularly i would think you would know about this info already if not they must be mad and rich very rich plus everybody's got a oyster card now and this what they use. I only use the tube 1 0r 2 times a month so its just a 1 day travel card for me zones 1-3 buses and tube.
#11
This is a great tip for people who work in London but live in the suburbs. Also we bought the annual travel card in December just before the fare rises so that saved us more money as well. Previously we used to buy monthly.
#12
Voted hot, Rep Added... Thanks very much for the hard work on the maths ... Much appreciate it ...

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