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New 2015 Cycle Hire Fees

TfL have announced a price increase, starting January 2015, for the costs of hiring a Boris Bike.  The 24 hour access fee is staying the same (at £2) but then after the first free 30 minutes, every additional half an hour will cost you a flat fee of £2. We’ve done a comparison of how much it costs in the table below, compared to now – and also what it cost when first launched (when the access fee was half what it is now).

Note that this table is for people that hire a bike using the 24-access period only, you can still get a yearly membership access for £90 – although note the weekly access rate will be scrapped from 2015 onwards.

Cycle Hire cost comparison

Cycle Hire cost comparison

The scheme was launched on the 30th July 2010, and the prices remained unchanged until 2013, when in January, the access fee doubled (so a free 30 minutes cost you £2 access instead of £1).

In January 2015, the prices go up again – with the access fee staying the same, but the price for longer than the first free 30 minutes becomes a set £2 for every half an hour.