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The London Underground, also known as the Tube, is a rapid transit system that serves Greater London and with some stations in the adjacent counties of Buckinghamshire, Essex, and Hertfordshire. It was opened on 10th January 1893 as Metropolitan Railways, the first underground railway worldwide. London Underground is one of the busiest metro systems in the world. In the first year, the Metropolitan Railway carried 1.9 million passengers. Today, Statista reports that the London Underground has 272 stations, carrying about 1.35 billion passengers every year and generates over £2.5 billion in annual revenue.
London Underground Fare Costs
With the London Underground, there is a limit to how much you pay for all your journeys in a day or a week. If you board the Tube at the start and touch out at the end of a journey using the same contactless card, device, or Oyster card, your fares are capped, making transport using the London Underground cheaper for you.
A daily cap is calculated over 24 hours for pay-as-you-go journeys starting at 04:30 and ending at 04:29 the next day, while a weekly cap is your fare in a fixed Monday-to-Sunday period. According to TfL, the cheapest adult fare during daily peak hours for Zone 1 only is set at £7.70, while the most expensive adult fare during daily peak hours is set at £20.00 for Zones 8 to 9.
Zone / Daily Peak Hours Fare
Zones 1- 2 / £7.70
Zones 1 -3 / £9.00
Zones 1 - 4 / £11.00
Zones 1 - 5 / £13.10
Zones 1 - 6 / £14.10
Zones 1 - 7 / £15.50
Zones 1 – 8 / £18.10
Zones 1 - 9 / £20.00
Based on the zone you are coming from to the zone you are traveling to, your fare might range from £7.70 to £20.00 during daily peak hours. The daily caps make transport using the London Underground cheaper, especially if you commute daily. The daily cap for contactless payment is £7.40 in Central London.
Children under 11 travel for free on the London Underground, and child fares are available for children under 16. Students in London with student ID cards can get discounted fares. For visitors, seniors fares do not apply, but London residents who are over 60 years old get a pass for free travel using the London Underground.
Opening and closing times
The London Underground opens at 5:00 am and closes at around midnight. It opens a little later on Sundays, but much of the London Underground runs throughout the night on Fridays and Saturdays. Most people have a waiting time of less than five minutes at any time of the day.
