MetroCard rates will likely rise to $3 per swipe in March.
The raised rates will take effect on March 19.
Along with the 25-cent increase in base fares, the MTA would also increase the purchasing bonus that riders receive when they add at least $6 to their cards — from 11% to 16%.
Three-dollar fares are one of two options the agency has been weighing. The other option would have kept fares at $2.75, but riders would have only received an extra 5% bonus with a $5.50 purchase.
Monthly MetroCards will jump from $116.50 to $121. Seven-day cards will increase by a dollar, to $32.
– Base MetroCard fare: $3
Bonus: 16% with $6 purchase
(Effective fare with bonus: $2.59)
– Single Ride ticket: $3.25
– Express Bus fare: $7 (cash)
– 30-day MetroCard: $121
– 7-day MetroCard: $32
– Access-A-Ride fare: $3