You might already know that the cheapest way to travel on London public transport is with an annual travelcard.
By paying up front for your whole year’s travel, you can save hundreds on tube, trains, buses and trams in the capital.
CommuterClub: Making Annual Travelcards More Accessible
Unfortunately, annual travelcards are pretty pricey to buy in one go – a Zone 1-4 pass can set you back £1844! Who has that kind of money?!
Enter CommuterClub, a new London startup who promise to save you money on public transport with greater flexibility.
Since its inception last year, the founders of CommuterClub, Petko and Imran, have secured hundreds of thousands in funding from angel investors for their innovative transport business.
How Commuterclub works
Instead of buying an annual travelcard up front from TfL, CommuterClub allows you to pay for it over 11 monthly repayments, with the ability to cancel any time!
This helpful chart shows how much you could save by using CommuterClub instead of monthly or 7-day travelcards.
Zone 1-4 Annual (amount borrowed): £1844
Interest: £103 Total payable: £1947 in 11 monthly installments of £177
Representative 14.0% APR. Interest rate: 5.6% pa (fixed)
In addition to these serious savings, you also get a free Annual Gold Card which gives 1/3 discount on off peak rail fares in South East England (a bit like a 16-25 Railcard).
Is CommuterClub For You?
If you’ve just moved to London and have to commute in every day on public transport, this one’s a no brainer.
Maybe you’re a new graduate fresh out of uni looking to save on the cost of London living, or perhaps you’re just tired of queueing up at the ticket machine on a Monday morning!
Look no further – CommuterClub has the answer.
Sign up for CommuterClub via the link below using the code SALADCC for these awesome prices and help support RouteSalad!