Our Cycle to Work scheme is available twice a year and gives all of our people the chance to make significant savings on their favourite bike, while staying fit and healthy at the same time!
How does the scheme work?
The scheme allows our people to hire a bike from us, interest-free, while making attractive tax and national insurance savings over a 12-month hire period. This means they don’t have to spend a fortune on a bike to enjoy the benefits of cycling to work, and get to spread the costs over the course of the year. For a small additional fee, they can also then take ownership of the bike at the end of the hire period.
The scheme allows you to spend up to £1,000 on a bike package, including accessories. And over 2,000 independent stores are part of the Cyclescheme network, providing countless different brands, models and accessories to help choose the perfect bike. All participating retailers can be found at the Cyclescheme website.
And the benefits don’t just stop there! As part of the scheme, our people get access to expert advice and knowledge from independent bike shops that live and breathe cycling. So they can feel confident that the bike they’ve chosen is well suited to their needs.
Here we talk to one of our colleagues about how the scheme has benefitted him:
So, Mitch, tell us how long have you cycled to work?
I started cycling to work in March 2014 after being fed up with how much money I was spending on bus travel and, in my eyes, the two hours it wasted each day – cycling only takes half that time-
I can safely say that I am now obsessed with riding and try to take on longer than necessary journeys to and from work. It’s also a great social thing as I often meet with colleagues for post-work cycle adventures in the local area.
And what was your experience of the Cycle to Work scheme and would you recommend it to others?
I recently signed up to the scheme because I wanted to buy a bike better suited to riding in wet weather and poor conditions. That way, I can preserve my primary bike for the very occasional nice weather we have here in the UK!
The customer service you receive as part of the scheme is second to none; the website and procedure is simple and the turnaround from making the order to receiving your collection voucher that enables you to pick your bike up is really quick! That's why I’d 100% recommend the scheme to others. It’s a great way of making significant savings on bikes and safety equipment. And you can spread that cost out over 12 months, which is perfect if you don’t have the funds available to purchase a bike outright.
Click here to go back to the rewards and benefits page