Myki’s equivalent to Weekly, Monthly and Yearly Metcard tickets is Myki pass, which gives unlimited travel on the days paid for.
The pricing of a Metcard Weekly is identical to a Myki 7-day Pass.
The pricing for a Monthly or Yearly Metcard is almost identical to a Myki 30-day or 365-day Pass — but with Myki you can choose the number of days, anything from 28 to 365 days, to work around holidays, long weekends and so on. It averages out to about the same amount of money (though since this is a leap year, once could argue there’s no direct equivalent to a Metcard leap-yearly/366 day pass).
(Don’t buy a Yearly/365-day Pass at the retail price. Get it via Commuter Club from your workplace, if offered, or via the PTUA).
There is one significant difference with Myki: if you have a single zone (1 or 2, not both) Pass, you don’t get the bonus weekend travel in the other zone that you did with Metcard. You do get a discount though, of the price of a 2-hour fare in the zone you paid for, and the price is capped at the $3.30 weekend rate. The net result is a Zone 1 Passholder travelling into zone 2 on a weekend pays an extra 2 cents. It’s more for a Zone 2 Passholder going into zone 1, or a Concession fare.
On the up side, the weekend discount applies on public holidays as well as Saturday and Sunday.
Oh, and the big plus to using a Myki Pass is that in most cases you don’t need to bother touching-off… but that’s the subject of a future post.