Right Thinking about Metrocard Financial Management

With taxes, card fee, etc., the default values of Metrocards (excluding unlimited rates), always result in small change remaining at the end of usage. In order to avoid this waste or hassle of refilling the remaining value, mathematics comes to play:

The key is to use the OTHER AMOUNTS feature (Thanks to MTA for being this considerate, at least).

Currently, with $2.50 per ride (I should revisit this entry and adjust the rates accordingly as MTA always raises the fee from time to time), the magic numbers are:

$11.90, $19.05 or $30.95

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2 Responses to Right Thinking about Metrocard Financial Management

  1. timlyg says:

    Now that the single ride rate is $2.75, 7-day = $31, 30-day = $116.50,
    11% bonus (applies only to the new credit, not the total) for > $5.50, ignoring $1 card fee,
    Here's the unverified table I come up for economic purchase value:

    Buy Value Tt. Value (+11%) Buy Use Tt. Use
    7.45 8.2695 2.709091 3.007090909
    9.95 11.0445 3.618182 4.016181818
    12.4 13.764 4.509091 5.005090909
    14.9 16.539 5.418182 6.014181818
    17.35 19.2585 6.309091 7.003090909
    19.85 22.0335 7.218182 8.012181818

    Based on their site, nickel increment is the smallest increment allowed.

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