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Old May 28th 10, 02:23 PM posted to uk.transport.london
MIG MIG is offline
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First recorded activity at LondonBanter: Jun 2004
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Default "£30m sits unused on London Oyster travel cards"

On 28 May, 15:12, Mizter T wrote:
On May 28, 12:33*pm, MIG wrote:

On 28 May, 11:15, Mizter T wrote:


http://news.bbc.co.uk/1/hi/business/10162991.stm


Average of £1.80 sits on each idle card.


That's the whole point, isn't it?


But the figure for the nominal value of remaining periods on seasons
would no doubt be a lot more.


Sorry, my summary should have been clearer - the crucial word above is
"idle" - as Recliner states, these are cards that haven't been used
for a year, specifically for the financial year April 2009 to April
2010.


OK thanks both for clarification.

I spose it's a bit like the situation with BT phonecards (although not
quite as bad) where cards were lost etc, therefore bringing in quite a
lot extra for BT.

Phonecards were worse because they actually cost more than cash: you
couldn't get them out before they chonked off another unit, even if
you were about to hang up.