, yearly passes cost $205, or $17 per month with an annual commitment. A reduced-fare pass costs $60, or $5 per month with an annual commitment, and is available only to NYCHA residents who are 16 or older, members of selected credit unions, or recipients of SNAP benefits. The original price of a Citi Bike annual membership was $95 but jumped to $149 in 2014. Purchasers using a Citibank card receive a 10% discount when purchasing annual memberships through the Citi Bike website. Annual pass members receive a key and can make trips of up to 45 minutes without added charge, after which they pay $2.50 for each additional 15 minutes.
