Yes, holding a Swiss Travel Pass provides a significant discount for the cable car journey from Grindelwald to Grindelwald First. While the Swiss Travel Pass allows for "free" travel on most Swiss trains, buses, and boats, most mountain excursions (like cable cars and funiculars) are categorized as "private railways" and typically offer a 50% discount rather than being fully covered. In 2026, a standard return ticket to First is roughly CHF 68, so with the pass, you would pay approximately CHF 34. It is worth noting that for those under 25, the "Swiss Travel Pass Youth" offers the same percentage discount. Once at the top, the famous First Cliff Walk by Tissot is free for all visitors. However, additional adventure activities like the First Flyer, First Glider, or Mountain Cart are not included in the pass discount and must be paid for at the full rate. If you plan to spend multiple days in the Jungfrau region, you might also compare this to the "Jungfrau Travel Pass," which provides full coverage for these lifts during its period of validity, though the Swiss Travel Pass remains the best all-around value for country-wide transit.