Is it cheaper to use an Oyster card or bank card?

There is no price difference between the Oyster card and contactless card. Every time you travel on London's public transport, your contactless payment card is charged the same fare as your Oyster, including cap prices (the maximum amount you'll pay daily and weekly to travel throughout London).



In 2026, for the vast majority of adult travelers in London, using a contactless bank card or mobile payment (Apple/Google Pay) is just as cheap as using a standard Oyster card, as both benefit from the same daily and weekly fare capping. The primary advantage of the Oyster card today is for specific demographics: children aged 11–15 can have a "Young Visitor Discount" added to an Oyster to pay half-price, which is impossible on a bank card. However, for international tourists, using an overseas bank card can sometimes incur small foreign transaction fees per swipe, making a prepaid Visitor Oyster Card a better way to stick to a fixed budget. If you are an adult with a UK bank card or a fee-free international travel card, there is no financial reason to pay the £7 non-refundable fee for a new Oyster card, as "tapping in" with your phone provides the exact same "best fare" guarantee across the Tube, bus, and rail networks.

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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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As a general rule a Travelcard is more expensive than an Oyster card or Contactless payment card. The exception is if you make 3 or more journeys for 6 days or more within a 7 day period. In this case a 7 day Travelcard works out cheaper than an Oyster or Contactless payment card.

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It's more than 50% cheaper than buying a paper Travelcard or single tickets with cash. Oyster cards have a daily price cap – once you reach this limit, you won't pay for any additional journeys (excluding Thames Clippers River Bus where there is no capping).

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Potential to avoid currency conversion fees: If you use a credit or debit card while travelling, your institution may charge you currency conversion fees for each transaction. With a travel card, your funds will already be in the currency of the country in which you are travelling, so this may be avoided.

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Cons: 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.

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Anyone with a contactless debit or credit card can use it to pay for travel in London. It's ideal if you don't have or want an Oyster card. Or if you run out of pay as you go credit on your Oyster card.

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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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If you're 60 or over and live in a London borough, you can get free travel on our transport services with an Oyster photocard.

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What discounts can I get with an 18+ Oyster card? If you have an 18+ Student Oyster photocard, you can get 30% off the price of adult-rate Travelcards and Bus & Tram Pass season tickets. A Travelcard season ticket gives you unlimited travel for a week, a month or a year.

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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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You only pay for the journeys you make and it's cheaper than buying a paper single or return ticket (train companies may offer special deals on some journeys). In Zones 1-9, your fare is capped so you can travel as much as you like in one day or week (Monday to Sunday), without paying more.

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No. Each person must have a valid ticket for travel whether that's a cash single, Oyster payment or contactless payment. No you can't. I know passing back cards works on some flat-fare metro systems, but the Underground has zonal fares so each person must have their own card.

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Though many credit cards charge an annual fee, debit cards don't. There's also no fee for withdrawing cash using your debit card at your bank's ATM. Credit cards, on the other hand, can charge a cash advance fee plus a steep interest rate for that convenience.

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