Why is TfL only 10p?

The 10p is a pre-authorisation charge that's taken at the start of the journey - it's basically a way of making sure that you're presenting a valid card at the start before the fare proper is taken. Once you tap out, that's when you should be charged the proper fare.



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A cap limits how much you pay for all your journeys in one day or week. You can make as many journeys as you like and when all your fares add up to a certain amount, we won't charge you more (your fare is automatically capped). Always touch in and out with the same card or device.

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Up to four children under 11 travel free with a fare-paying adult. Your child doesn't need a photocard to: Travel free on buses and trams (unless they look older than 10) Buy child-rate paper tickets (unless they look older than 10)

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Answer. As set out in Transport for London's Quarter 3 (Financial year 2018/19) performance report, available online at https://tfl.gov.uk/corporate/publications-and-reports/quarterly-progress-reports, the current total debt is £11.6 billion, of which £10.3 billion is long term debt.

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The pandemic is the only reason TfL is facing a financial crisis and it has worked hard to progress all conditions placed on them by the government. TfL has already been making every efficiency saving it can to try to save services, cutting annual running costs by £1bn over the last five years.

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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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Kids Travel for Free: Children under the age of 11 can travel for free on the London Underground and buses when accompanied by an adult with a valid Oyster card or Travelcard. Children aged 11 to 15 can also travel for free on buses with an 11-15 Zip Oyster photocard.

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Children under the age of 11 also travel free on London Underground, DLR (Docklands Light Railway), overground and TFL rail without a ticket if they're accompanied by a paying adult. Up to 4 children can travel for free with an adult that has a valid ticket.

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In addition, it does not affect your credit rating in any way. You have the right to challenge the registration of the debt by making an application to file (dependant on the type of contravention), either a Statutory Declaration or Witness statement, Out of Time.

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Daily cap. A daily cap is calculated over 24 hours for pay as you go journeys that start at 04:30 and end on 04:29 the next day.

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Using an Oyster card works out cheaper than buying a paper ticket every time you want to travel by tube as fares are cheaper when you touch in with an Oyster. You can add some credit to your Oyster using a pay-as-you-go system, which means money is only taken off when you employ the contactless card.

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