Mastercard Will Refund Your Subway Fare This Summer With MTA's New Contactless System
Now is a pretty sweet time to have a Mastercard.
Following the recent roll-out of "tap-and-go" contactless subway turnstiles in New York City, Mastercard is introducing Fareback Fridays — a program that will refund passengers for their trips every Friday in June and July if they use their contactless Mastercard method of payment at the subway turnstiles.
The promotion is active at any station between Grand Central and Atlantic Avenue-Barclays Center on the 4, 5 or 6 subway lines for a single-fare ride. But make sure be mindful of your free trips — refunds are limited to up to two rides per person per Friday. Mastercard will be refunding for cardholders using its debit, credit, or any Mastercard through a contactless-enabled device such as a smartphone or an Apple watch.
A one-way subway fare costs $2.75 (or $3 for a single-ride ticket), so this promotion could save you $5.50 per day (or $6 if you were doing two single-ride tickets). Not too shabby for a summer Friday commute.
The promotion ends on July 26, 2019.
Related video:
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app


