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#722733

Subway Savings

Subway fares are going up!

On Dec. 30, 2010 subway fares are scheduled to rise from $2.25 to $2.50

The bonus will change as follows:

-A $10.00 or greater amount will be needed to get the bonus (currently $8.00)

-The bonus will be 7% (currently 15%)

A $1.00 fee will be charged when buying a new metrocard.

Unlimited ride cards will be refillable. This allows the MTA to charge the $1.00 fee for new unlimited ride cards, too.

IIRC, an expired or expiring card can be traded in for a new card without the fee.

Here are a few suggestions:

1) Buy several metrocards before the scheduled increases. This will provide you with an instant 8% savings, based on the 15% bonus they currently come with. Also, this gives you several metrocards, just in case you ever need more than one and want to avoid the upcoming $1.00 fee for a new one.

2) Use an online metrocard bonus calculator (Google it) to see what amount should be put on your card for a specific amount of rides without leaving any money over on your card after the last ride.

A couple of caveats: