Keep those quarters handy. Starting at midnight Sunday, the base fare on New York City subways and buses is going up for the first time since 2003—from $2.00 to $2.25. Unlimiteds are also rising in price across the board, with monthly Metrocards going from $81 to $89. If you're on a weekly card or have a longer one about to expire, you might want to make a trip to your nearest subway station this evening to pick a card up the old rates. But don't think about stockpiling them—the grace period to use start using cards purchased at the old rate is Monday July 6th. Funny that the fare hikes have fallen so close to Independence Day without using the holiday for the changeover. Fourth of July was the date that both the free transfer from subways to buses (and vice-versa) debuted and unlimited Metrocards were introduced, in 1997 and 1998 respectively. Signs of this most recent change have been appearing underground this week—sometimes as seen here in as many as five languages at once.





This isn't completely correct. The last day to start using your $81 unlimited ride Metrocard and get full value is July 6. Cards purchased at the old price will work until August 4th for the 30-day, July 12 for the 7-day, etc.
http://mta.info/mta/09/#umc
This has no degree of fun to it, like when they changed tokens with a fare increase. Then it was sort of neat by having something new in your pocket even if you paid more. Now you just have the same piece of plastic that you pay more for.
Hey Billy Parker, thanks for linking to my photo!