After that, at least one ticket on the bus will be offered at the dollar fare.
Consumers can expect competitively priced tickets costing about 15 dollars or less for a one-way fare.
"Bus travel over the years has kind of gotten stale, so we're trying to, with Bolt Bus, put in a lot of new and fun things and kind of be a game changer," said David Hall of Bolt Bus.
Bolt Bus offers extra amenities including extra leg room, free WiFi and power outlets for laptops and cell phones.
Nine-daily round trip schedules leave street side from 30th Street and head to New York's Canal Street and Penn Station.
Just last month, another service, Megabus.com, announced it was launching discount bus service between New York and Philadelphia. It will also offer some one-dollar seats. That service begins May 30th.