In 2026, the traditional paper ticket is still officially called the London Travelcard, though its role has shifted significantly in the "Oyster-first" ecosystem. It is a multi-modal pass that allows unlimited travel on the Tube, buses, DLR, London Overground, Elizabeth Line, and National Rail services within specific zones. While the physical paper version still exists for daily or weekly use—often purchased by tourists at National Rail stations to qualify for "2-for-1" attraction deals—most residents and savvy travelers use the digital version loaded onto an Oyster Card or simply rely on Contactless Pay-As-You-Go (PAYG). As of March 2026, Travelcard prices have been frozen until 2027 to encourage public transport use. For example, a Zone 1-2 daily Travelcard costs approximately £16.60, though the daily PAYG cap is often much cheaper (around £8.90), making the "Travelcard" name more of a legacy term for a pre-paid service rather than the most economical choice for every traveler.