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You know those Google Pay logos that are splashed across the ticket barriers on the London Underground? Well, they won’t be around much longer – TfL’s got a brand new payment partner.
TfL has signed a new sponsorship deal with online bank Chase (which is part of JPMorgan), so you’ll be seeing its blue and white logo popping up on around 5,000 contactless barriers at London Underground and Elizabeth line stations, replacing the multicoloured Google Pay logos we’re used to.
Anyone who uses a Chase debit card to pay for their tube travel will qualify for cashback equivalent to one percent of the cost of their travel. The maximum amount of cashback that you can make each month is £15, which totals £180 a year. But if you use an Oyster card with railcard discounts, you’ll still save more money that way.
Existing Chase customers will know that the one percent cash back perk isn’t new. If you have a Chase card, you earn cash back on all groceries, everyday transport and fuel in the first year. After that, you have to pay in at least £1,500 a month to qualify.
The rollout of the Chase-branded barriers began on Monday, November 24, with the new logos appearing at 12 ‘priority’ stations: King’s Cross, Victoria, Waterloo, Tottenham Court Road, Liverpool Street, London Bridge, Oxford Circus, Bank, Euston, Moorgate, Bond Street and Canary Wharf.
Emma Strain, customer director at TfL, said: ‘Pay as you go with contactless is the most popular way to travel using public transport in London and this commercial partnership with Chase is a great example of how TfL can work with brands.
‘We look forward to working with them on a range of customer-focused activations across our network in the coming years.’
Did you see that the £1.7 billion extension of the DLR is officially happening?
Plus: the next 17 London tube stations set to get step-free access.
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