Save Money on your Daily Travel – Commuter Club:
I no longer commute into London daily. But, having been self employed for the last twenty years or so, when I DID work in an office I was deeply envious of the season ticket loans offered to regular members of staff. Whether or not you can still get a season ticket loan through work, there is another option now in the form of Commuter Club.
Essentially, if you sign up with Commuter Club you can have all the benefits and savings of an annual season ticket but just pay monthly. Although it’s a form of loan, there is very little in the way of commitment. If, for example, you win the lottery and decide to quit work, you can cancel your card at any time. There’s no penalty for doing that, or for changing zones. It’s the sort of thing that is invaluable if, like me, you work on contract or if you move house.
And, once you’ve got your card, you’ll get all the benefits of an annual season ticket – I didn’t realise that anyone with an annual card was entitled to a whole list of benefits including:
- A Gold Card, which gives you 1/3 off all rail travel in the South East of England at off peak times
- A Network Railcard for £1 (you could give this to a partner). This is a bit like the Gold Card and gives the holder 1/3 off rail travel in the South East during off peak times
- The option to upgrade to First Class for just £5
- A whole raft of 2:1 deals and savings including
- 2nd ticket free at Royal Botanic Kew Gardens
- Treat the kids at Legoland Windsor and save £45.60
- Tour the Arsenal Emirates Stadium and save £17.50
- Get your 2nd main course free at Malabar Junction Traditional Kerala Cuisine
And more discounts offers which can include gym membership, the Time Out card and Uber taxis.
Of course the real benefit is the saving on your fare, which will vary depending on how you currently pay for your travel and on where you live. But you will save a minimum of one whole month’s ticket, more if you currently pay weekly or, like me, on a pay as you go basis. And of course there’s the added bonus of never having to queue to top up your card!
Here’s a representative example of how you might save: Zone 1-4 Annual (amount borrowed): £1844. Interest: £103 Total payable: £1947 in 11 monthly instalments of £177. Representative 14.0% APR. Interest rate: 5.6% pa (fixed)
Now, if you travel regularly in London you might just want to consider taking out an annual oyster card through Commuter Club. They’ve offered an exclusive discount for London-Unattached readers so you can save a further £10 using the code LONDON1 when you join.
Disclaimer: This is a sponsored post but all content is editorial.