Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Bike Sharing

Citi Bike Announces 4 Percent Increase in Annual Membership Fee

Could the relatively minimal increase in fees be a sign that things are starting to look up for Citi Bike? Photo: Wikimedia Commons
Photo: Wikimedia Commons
Could the relatively minimal increase in fees be a sign that things are starting to look up for Citi Bike? Photo: Wikimedia Commons

Citi Bike announced today that it will increase the cost of annual membership from $149 to $155, or 4 percent, effective March 1. The $60 annual fee for NYCHA residents will not change, nor will the option to pay for annual membership in monthly installments of $14.95. In an email to members, Citi Bike emphasized that annual subscribers will get access to a larger service area as hundreds of new stations come online.

This year's price hike is much smaller than last year's. When new ownership took over Citi Bike in 2014, a condition of the deal with the city was that the annual fee would rise from $95 to $149. The agreement also limited future price hikes, tying the maximum allowable increase to the rate of inflation.

Since then, Citi Bike reworked its software and hardware, refurbished its bike fleet, and expanded its reach, adding more than 100 stations in Manhattan, Queens, and Brooklyn. About 200 more stations will be added in the next two years.

The modest fee increase doesn't tell us much about Citi Bike's finances, but ridership and membership have been on the rebound after declining in 2014 and the first half of 2015. The number of active annual members fell to 80,885 last July, according to the company's public data, then shot up to 91,901 by November.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Friday’s Headlines: Hochul’s Fantasy World Edition

The governor has gone off the deep end. Plus other news.

July 19, 2024

Speaker Adams: Council May Not Use its ‘Sammy’s Law’ Power to Lower Speed Limits

The Council may not lower the speed limit, even though it fought so hard to get that very right from the state legislature.

July 19, 2024

Parks Dept. Has Money But No Timeline to Finish Eastern Queens Greenway

There's tens of millions of dollars for the greenway, so when will parks build it?

July 19, 2024

Thursday’s Headlines: Paris is a Lot Cooler than NYC Edition

The City of Light has figured out how to reduce the heat island effect. Plus other news in today's daily digest.

July 18, 2024

Exclusive: Legal Team Announced for Suit Against Hochul’s Congestion Pricing ‘Pause’

Attorneys from three firms have inked a joint defense agreement to fight "the governor’s illegal decision to cancel congestion pricing," Comptroller Brad Lander said.

July 17, 2024
See all posts