No. The initial fee simply allows you to proceed with the bike rental by unlocking the bike of your choice. Afterwards, you can cycle for as long as you like, and each minute will be billed individually.
For the 2023 BIXI season
Unlock fee per bike: $1.25 + tx
Regular BIXI: From the first minute: 15₵/minute +tx
Electric BIXI: From the first minute: 30₵/minute +tx