London’s Santander Cycles scheme to introduce £3/day tariff

Transport for London (TfL) is to introduce a £3 day-pass for its Santander Cycles scheme in March allowing unlimited journeys under 30 minutes all day. The new tariff makes TfL’s bike hire one of the most affordable ways to travel in the capital

According to TfL, lack of access to a bike is a key barrier that stops people cycling and Santander Cycles is helping to eliminate this hurdle by boosting sustainable transport options for people across the capital.

Following feedback from Santander Cycles users, customers indicated a new tariff structure would encourage more people to try the scheme and is a more economical way to use the service.

The new day pass will be introduced from Sunday 3 offering a daily rate of £3 for unlimited hires up to 30 minutes within 24 hours. Hires longer than 30 minutes incur an extra £1.65 for each additional 30 minutes.

Additionally the Santander e-bikes fleet is expanding from the current 600 bikes to 2,000. Since introduced in 2022, more than 750,000 e-bike hires have taken place with double the number of hires per bike per day compared to classic bikes. The additional e-bikes will boost capacity and be distributed across key central London locations and available for an additional £1 per half hour with the new Day Pass. E-bikes are otherwise available for £3.30 per 30-minute ride for non-members and customers without a Day Pass, or a fare of £1 per 60 minutes for monthly and annual members.

The Mayor of London, Sadiq Khan, said, "I'm delighted that we're adding a further 1,400 new e-bikes to the fleet, almost tripling the number available to hire. The e-bikes have proved hugely popular since they were introduced and help break down the barriers that stop some people from cycling. The new day pass rate will also make Santander bikes one of the most affordable ways to travel in the capital.

"I'm determined to continue building a cleaner, greener and more prosperous London for everyone, and Santander Cycles plays a hugely important role in making active travel around the city as accessible as possible."

David Eddington, TfL's Head of Cycle Hire, said, "We are constantly looking for ways to improve the scheme, as well as making it as accessible as we can.  Santander Cycle e-bike usage in the capital is now more popular than ever so these additional e-bikes will allow more people to be able to access them.”  

TfL saw a record breaking year for member hires in 2023, with 6.75 million hires taking place. This is the highest since the scheme began and highlights the popularity of the e-bikes and the membership options. The membership prices for Santander Cycles will remain at £20 per month or £120 a year, which allows customers unlimited 60-minute rides and an additional fare for e-bikes of £1. The monthly membership can be cancelled at any time. Members will be able to hire the new Day Pass through the mobile app or with their member key. Customers will also be able to hire with the Day Pass at the terminals with a bank card.