CashKey stock has been sold out at all locations (new and refurbished).
The vendor is no longer manufacturing CashKeys.
What is the CashKey?
The CashKey is a programmable key that provides a cashless way to pay at parking meters. The CashKey can be carried on your key chain and eliminates the need to carry coins for the meters.
CashKeys can be used at any City of Champaign, City of Urbana or University of Illinois parking meter. Each key carries three accounts (a separate one for each parking provider) and $10 to $100 of value can be purchased for use at each type of meter.
How to Use a CashKey:
The CashKey functions like an American quarter. The first time the key is inserted into a meter, the amount of value on account for that parking provider is displayed. Each subsequent time the key is inserted is like depositing a quarter into the meter providing the user with the minutes of parking in accordance with the rate posted at each meter. For example, at a $.75 per hour meter, each insertion will provide 20 minutes of time at the meter; at a $.25 per hour meter, an insertion will provide one hour worth of parking time. The CashKey will not register more than the posted time allowed for that meter, but it will continue to deduct $.25 from the account each time it’s inserted. If the key is left inserted for more than 5-seconds, the meter will flash in the out-of-order mode until the key is removed. This is to alert the user in case the CashKey is inadvertently left in the meter.
Time can be purchased at the following locations:
Purchases must be made in person at one of the above locations. There is not an online purchase or reloading option.
If you find you aren’t using time loaded for one meter provider, the value can be transferred over to a different provider.
The CashKey works the same as cash and is similar to carrying up to $300 in your pocket. If you lose your key, none of the parking offices are able to determine how much value was left on the key, so no refunds are issued for lost keys.