The change means SEPTA Key cardholders and people who pay with credit and debit cards would no longer be charged $2 for a ride and instead pay the full fare of $2.50.

The 7.5% fare increase, which took effect Sunday, was approved by the SEPTA board on Nov. 21. It is expected to add $14.4 million in annual revenue. SEPTA last raised fares in 2017.

PHILADELPHIA (WPVI) -- SEPTA fares are going up on subways, trolleys, and buses, beginning on Sunday, Dec. 1. The board approved the 7.5 percent increase earlier this month, as the transit agency faces a massive $240 million budget deficit.

SEPTA’s first fare hike in seven years goes into effect on Sunday, Dec. 1. The discounted base fare increases from $2 to $2.50 on buses, subways and trolleys. That's the same as the current cash fare.

SEPTA raises fares by 50 cents to address a $240M budget deficit, while passes remain unaffected. Other planned hikes are deferred thanks to federal highway funds. Transfers remain free, and three stations are reclassified to benefit passengers.

Most single-trip fares on Regional Rail will also go up to make Travel Wallet and Quick Trip prices the same. SEPTA says the fare increases are expected to bring in nearly $14.5 million in annual revenue.

As a fare increase is now in effect. Fares on buses, subways and trolleys are increasing by 50 cents. Regional Rail Service fares are also going up. The hike is happening as SEPTA faces a $240 million budget deficit.

SEPTA riders may be surprised to find their commute costs more this month. Amid last month’s celebration of Gov. Josh Shapiro redirecting $153 million in federal funds to SEPTA — a move that averted a daunting 21.

With the start of December, SEPTA's base fares increased to $2.50 on Sunday. However, a new influx of funding has postponed a second, more drastic fare rate increase planned for next year.