How much money lost on Oyster card?

Oyster used to be the go-to way of paying for travel around London, but 66 million of the blue plastic cards haven't been used in at least a year. And while they languish forgotten in drawers, bags and wallets, Transport for London (TfL) has amassed a fortune in unclaimed balances and deposits - now worth almost £400m.



People Also Ask

Is it cheaper to use Oyster or contactless? As both cards use the same Pay As You Go system and are compatible with the TfL Oyster & Contactless app, the costs are comparable. As a tourist in London, it can be worth getting an Oyster Card as part of the London Pass.

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  • A £7 cost applies when you get a standard or visitor card.
  • You'll need to top it up in advance of travel.
  • You can't use an Oyster card at any station between Reading and Iver.
  • Some funds are likely to remain unused.
  • Taxis don't accept Oyster Cards.


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London Underground: Half a Billion Pounds Left on Unused Oyster Cards. There are over 82 million Oyster cards which haven't been used in at least a year. New data has revealed that Londoners have racked up a total of over £550 million in unspent Oyster card credit.

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The pay as you go credit on your Visitor Oyster card never expires so you can keep your card until your next visit, or lend it to family and friends. If you don't need your Visitor Oyster card, you can get the remaining credit refunded.

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It is significantly cheaper to travel in London using an Oyster card than it is to purchase individual tickets for each trip. The only reason you would want to just buy individual tickets is if you are only using public transportation once or twice during your stay.

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Great value. Pay as you go fares are cheaper than buying a paper single ticket or Day Travelcard. Your Visitor Oyster card offers daily capping. This means you can travel as much as you like in a single day and the amount you pay for your travel is limited (or capped).

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About a quarter of contactless payments are now made using either Apple or Google Pay, a figure that is ticking up all the time. In contrast, only 5.7m of the tens of millions of Oyster cards in circulation are still active. And as for paper tickets, in the past month just 1.7% of passengers bought them.

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Pay as you go You don't have to work out the cost of your journey in advance. You can pay as you go using contactless (card or device), an Oyster card or a Visitor Oyster card. It also offers great value as pay as you go is cheaper than buying single tickets and you get daily and weekly capping.

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Daily capping Once you have made three bus or tram journeys in a day using your Oyster/contactless card you will pay no more and can travel for free the rest of the day.

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Supports cash: If you want to pay for your transport in London using cash, you can buy and top up an Oyster card with cash. This is normally a lot more cost effective than paying for a cash ticket, with the rare exception of a one-off single journey as you have to consider the cost of the Oyster card.

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If you are a non-UK resident , then you choose to either buy a Visitor Oyster card online before you leave home or you can choose to buy one at the TFL visitor centres and Oyster ticket shops in London upon your arrival.

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The most convenient places to buy an Oyster card are Underground stations across London, including Heathrow airport. You can buy one using either cash or your credit/debit card. Although there are a few manned ticket offices in London, the likelihood is that you will buy an Oyster card from a ticket machine.

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In conclusion, the main difference between Standard and Visitor Oyster cards is that Standard Oyster cards are reusable, while Visitor Oyster cards are disposable. In addition, standard Oyster cards do not come with a daily price cap, while Visitor Oyster cards do.

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60+ London Oyster photocard This allows you to travel for free on most public transport in London. You can apply from two weeks before your 60th birthday.

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It's memory space, TfL recently said that there were 16.5 million dormant Oyster cards out there with just under 30 million pounds of credit on them. No computer system really wants to have to remember 16.5 million details on its active servers if it can avoid it. So dormant accounts are moved off the active system.

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