How Much Does A Boris Bike Cost? Exploring Londons Bike Share Pricing

In 2010, the Boris Bikes program introduced a membership system that required individuals to pay an annual fee of £45 to become members. Additionally, users incurred a usage charge if they rented a bike for more than 30 minutes. The pricing structure for extended usage was as follows: renting a bike for up to an hour cost £1, while using it for 90 minutes cost £4. If someone needed a bike for a full 24 hours, the charge amounted to £50.

It’s worth noting that the cost of annual membership has changed over the years. As of July 30, 2020, the annual membership fee had increased to £90 a year.

“What is the pricing structure for electric Boris bikes? The cost for using these E-bikes is £3.30 for a 30-minute ride, which breaks down to £1.10 for every ten minutes. To put this in perspective, a Lime E-bike, for comparison, charges 15p per minute, equivalent to £1.50 for ten minutes of use. Additionally, access to the electric Boris bikes is exclusively available to registered cyclists who have paid a £3 registration fee within the Santander-sponsored scheme. This information is accurate as of October 6, 2022.”