Why is it so much cheaper for people with Oyster cards to use the tube than people who just buy tickets with cash every time they travel?
Oyster cards offer discounted fares and a pay-as-you-go system which makes them cheaper than buying tickets with cash every time. Oyster cards also have a daily price cap, preventing users from paying more than a certain amount in a day.
Benefits of Using Oyster Cards for Tube Travel
Discounted Fares: The reason why it is cheaper for people with Oyster cards to use the tube than those who buy tickets with cash is because Oyster cards offer discounted fares. Oyster cards are prepaid travel cards that allow passengers to pay using a contactless card or a smart card. When using an Oyster card, passengers benefit from lower fares compared to buying individual tickets with cash.
Pay-as-You-Go System:
Convenient Travel: Oyster cards offer a pay-as-you-go system where passengers can preload their cards with money and then use it for multiple journeys without having to purchase a new ticket each time. The fare is automatically deducted from the card balance. This method is more efficient and cost-effective for frequent travelers, as it offers discounted rates and allows for seamless travel.
Daily Price Cap:
Cost-Efficient Travel: Moreover, Oyster cards also have a daily price cap, which means that once you have reached a certain limit in a day, you won't be charged for any additional journeys undertaken that day. This provides an additional benefit to Oyster card users as it ensures they don't pay more than a certain amount, even if they use the tube multiple times in a day.