London Transport - Basic Fares

This is a quick look at the basic single fares you will pay when using the London services. In almost all situations there are large savings to be made by making use of the alternative methods of payment, namely Oyster and Travelcards. For more detailed fare information see the sections for the type of transport that you will be suing or the sections on Oyster and Travelcards for the savings top be had with the alternative payment methods.

Bus Fares

Standard London Bus/Tram Fare is £2 per adult
under 16's travel free
£1.20 with Oyster (£3.90 daily maximum)
 

Buses and Trams - Child Fares
under 16's free.
Under-5s Must be accompanied by someone using a valid ticket, Oyster PAYG or has a freedom pass.
5 to 10yrs free, do not need to be accompanied, do not need a ticket or Oyster Photocard
11 to 15yrs free when using an Oyster Photocard
16 to 17yrs pay child rate when using an Oyster Photocard
Those 16 to 18-year-olds in full-time education or on a work-based learning scheme and live in a London borough can travel free on buses and trams with a 16+ Oyster photocard (also gives 50% discount on adult rate on Tube, DLR and London Overground services and  Travelcard season tickets)
18+ students in full-time education and attending colleges or schools registered with TfL are eligible for 18+ Student Oyster photocards to buy Bus & Tram Pass and Travelcard season tickets at 30% off the adult-rate.

Tube/DLR/London Overground Fares

Standard Tube Fare if journey includes zone 1 is £4 per adult
For journeys that do NOT include zone 1 fare is £3.20 per adult
16 to 18 yrs in full-time education or work-based learning scheme and live in a London borough  pay half adult-rate on Tube, DLR and London Overground services and buy half adult-rate Travelcard season tickets with a 16+ Oyster photocard.
11-15 yrs, £2 with zone 1, 80 pence other zones (with Oyster photocard)
5-10 yrs travel free with Oyster photocard or accompanied by adult (max 4 kids per adult)
0-4 free when accompanied by fare paying passenger or with freedom pass
£1.60 -£3.80 (with zone 1), £1.10-£2 (not in zone 1) with Oyster (daily cap £6.70-£17.50)