Commuter club - is it worth it? : r/UKPersonalFinance - Reddit

Q: How much does a Commuter Club Annual Pass cost?

For everyday travellers who can afford the up-front cost, one of the cheapest options is a Commuter Club Yearly Pass. Via the PTUA, these cost $1600 (plus $50 PTUA membership). Other options include regular Myki Pass, for 7 days, or from 28 to 365 days. (33 is a common one – starting on a Monday it covers five weeks minus the fifth weekend.)

Q: What happens if you use a commuter benefit?

You now have $80 in your bank and $10 in transit funds in hand. If you used the commuter benefit: You would have the $10 taken from your earnings (and likely made available to use on a debit card) leaving you with $90 in earnings. You are charged 10% in taxes, or $9, leaving you with $81 deposited into your bank.

Q: How much does a PTUA Commuter Club cost?

Cost in days – this compares the cost of 365 days on a Pass, with the cost if you’re paying for individual days What this means is that if you buy a PTUA Commuter Club Yearly for $1515, you’re getting 365 days of travel for the same cost of 184 days of Myki Money, or 308 days of Myki Pass days (assuming you buy Passes of between 28 and 325 days).

Q: What happens if you use a commuter benefit on a debit card?

If you used the commuter benefit: You would have the $10 taken from your earnings (and likely made available to use on a debit card) leaving you with $90 in earnings. You are charged 10% in taxes, or $9, leaving you with $81 deposited into your bank. You use the debit card with your withheld funds to buy the MetroCard.

Likewise, if you can get a loan from your bank for <11.6% APR it would be cheaper to do that than use commuter club but their offering (incl. flexibility on tickets, and good customer service) …

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Commuter Club - Is It Worth It? : R/UKPersonalFinance - Reddit

3 weeks from now

Likewise, if you can get a loan from your bank for <11.6% APR it would be cheaper to do that than use commuter club but their offering (incl. flexibility on tickets, and good customer service) …

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£1844
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Anyone Used Commuter Club? What Do You Think Of The Service

3 weeks from now

ie, a z1-4 from tfl you'd pay £1844 (or 10.4 monthly payments of £177.10 all at once). a z1-4 from commuter club you pay 1947 split over 11 installments of £177. They are just buying annual …

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Are Commuter Benefits Worth It Despite Working Remotely? I

3 weeks from now

using the commuter benefits pre-tax you'd be paying 20% on your income minus $ you save for commuter benefits $1000 - $100 = $900 paying total of $900 * 20% = $180 in taxes if you …

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$90
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Is An Employer Commuter Pass Worth It? : R/personalfinance - Reddit

3 weeks from now

The employer pass is $90 pretax, or I can load pretax dollars onto a card each month. I am only commuting for another year, we will change locations where I can walk. I want to know if the …

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$500
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What Can I Do With $500+ Commuter Benefits So I Don't Lose It?

3 weeks from now

I am changing jobs and I have almost $600 in parking benefits in my Edenred Commuter benefits account. I stopped commuting after Covid and would normally have used it for station parking …

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$1600
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Is Myki Pass Still Good Value? - Daniel Bowen

3 weeks from now

Apr 8, 2021 · For everyday travellers who can afford the up-front cost, one of the cheapest options is a Commuter Club Yearly Pass. Via the PTUA, these cost $1600 (plus $50 PTUA …

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$3217.50
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Is It Time To Buy A Yearly Myki Fare? – Daniel Bowen

3 weeks from now

Nov 21, 2017 · Myki pass for Zones 1-4 costs $3,217.50. Commuter Club is $1,515.00, and daily fare for Zones 3-4 is $6.40. So you can travel on 266 days before the Commuter Club …

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FAQs about Commuter club - is it worth it? : r/UKPersonalFinance - Reddit Coupon?

How much does a Commuter Club Annual Pass cost?

For everyday travellers who can afford the up-front cost, one of the cheapest options is a Commuter Club Yearly Pass. Via the PTUA, these cost $1600 (plus $50 PTUA membership). Other options include regular Myki Pass, for 7 days, or from 28 to 365 days. (33 is a common one – starting on a Monday it covers five weeks minus the fifth weekend.) ...

What happens if you use a commuter benefit?

You now have $80 in your bank and $10 in transit funds in hand. If you used the commuter benefit: You would have the $10 taken from your earnings (and likely made available to use on a debit card) leaving you with $90 in earnings. You are charged 10% in taxes, or $9, leaving you with $81 deposited into your bank. ...

How much does a PTUA Commuter Club cost?

Cost in days – this compares the cost of 365 days on a Pass, with the cost if you’re paying for individual days What this means is that if you buy a PTUA Commuter Club Yearly for $1515, you’re getting 365 days of travel for the same cost of 184 days of Myki Money, or 308 days of Myki Pass days (assuming you buy Passes of between 28 and 325 days). ...

What happens if you use a commuter benefit on a debit card?

If you used the commuter benefit: You would have the $10 taken from your earnings (and likely made available to use on a debit card) leaving you with $90 in earnings. You are charged 10% in taxes, or $9, leaving you with $81 deposited into your bank. You use the debit card with your withheld funds to buy the MetroCard. ...