Overview

• Freedom of Information data show 382,737 active 60+ Oyster Photocard holders with 119,735 signing up in 2024/25 alone.
• Transport for London estimates £84 million in foregone fares for 2023/24 and a total of £206 million over the past three years from the over-60 travel concession.
• In mid-2025 TfL raised the 60+ Oyster application fee from £20 to £35 and boosted the annual eligibility-check charge from £10 to £18 as part of concession reviews.
• Critics argue that blanket free travel for those aged 60 to 65 unfairly shifts costs onto younger taxpayers and want targeted eligibility reforms even as the Transport Secretary orders above-inflation fare increases.
• Supporters and TfL officials highlight the scheme’s social and health benefits and say all concessions undergo regular review to balance passenger affordability with financial sustainability.