Rating: 6 Posted By: danielle5985
Views: 1385 Replies: 7
Starting March 2, MTA is reducing the amount of bonus cash loaded on to your pre-paid MetroCard (and upping unlimited ride prices.)
http://mta.info/mta/news/hearings/fareandtoll/subbus-sample.htm
Under the old system, you’d get a 20% bonus; under the new system, only 15%. That is, if you are paying 83.3% of standard fare, you’ll soon be paying 87%. - It doesn’t sound like a lot, but it adds up.
However, if you buy your cards before March 2, the prepaid amount won’t be reduced, and the $2 NYC bus/subway fare is not going up ($5 express bus not going up, either.) Therefore, you can stock up on prepaid Metrocards and lock in the fare you’re paying now. MetroCards are typically good for about a year after you buy them, but you also have two years to get the expired balance transferred to a new card, if you’re willing to try your chances in a year!
Also, through the end of March, Chase is running a deal:
Get $10 back for every $150 you spend with your Chase CC (works in Yellow Cabs, too!)
That means if you spend $150 on Metrocards, you’ll get a $30 bonus, plus $10 Cash Back.
$140 for $180 in fares = 77.78% of regular fare. If you’re loading these all onto one card, be sure to record your number so you can get it replaced if it’s lost or stolen.
I know 78% versus 87% doesn’t sound like a ton, but with MTA rarely offering any fare break, the could help some of you - especially those who don’t have a pre-tax commuting expense card.
More
Online Coupons from Fatwallet.com.
