‘Save between 25% and 39% on your new bike and accessories with Cyclescheme’
Cyclescheme is the employee benefit that can save you 25-39% on a new bike and accessories of your choice. The payments are taken directly from your gross salary by your employer. You can choose a bike (including e-bikes), a bike and accessories, or just cycle accessories. With many employers offering no limit on how much you can spend through the scheme, Cyclescheme is the perfect way to gear up to cycle commute.
How to order?
Get your certificate
Pick your bike and accessories.
Provide your Certificate number
and redemption code.
Your order is verified and then dispatched.
How much can I save?
Use the Cyclescheme calculator to check how much you can save. If you’d like to request a Certificate based off the generated quote, please visit: https://www. cyclescheme.co.uk/how-it-works-ready-to-apply.
What can I get?
You can pair your bike with a range of cycle accessories, components and parts that keep you cycling and the wheels turning. There are some components that are not eligible on the scheme, find out more here: https://help.cyclescheme.co.uk/article/53-what-can-i-get-on-the-cycle-to-work-scheme.
Frequently Asked Questions
What is Cyclescheme?
Cyclescheme is a way to pay for your new bike through a monthly salary sacrifice. The payments are taken directly from your gross salary which means you don’t pay any You can choose a bike (including e-bikes), a bike and accessories, or just cycle accessories. With many employers offering no limit on how much you can spend through the scheme, Cyclescheme is the perfect way to gear up to cycle commute. interest fees and you reduce the amount of Income Tax and National Insurance you pay.
How does the scheme work?
With Cyclescheme, you save 25-39% on your new bike through tax efficient payments. Once you’ve checked your employer is signed up to Cyclescheme, you can go ahead and ask us for a quote or place an order if you’ve already got a Certifcate.
How much can I spend?
Most employers choose not to set a Cyclescheme order limit. This means you can get the exact bike or e-bike and accessories you need to cycle commute. Visit cyclescheme.co.uk, select ‘I’m an employee’ and enter your employer’s name to see your limit.
Can I add my own funds to the transaction?
No, you can’t add your own money when paying with Cyclescheme as per the Cycle to Work scheme guidance.
What happens with returns?
How long does it take for my Certificate to be approved?
Once you have applied for your Certificate, the process typically takes between 3-14 days, depending on how quickly your employer processes your application. If you have an application in place, you can check the status via your Cyclescheme login here.
How often can I apply for a Cyclescheme Certificate?
The standard period for a Cyclescheme Certificate is 12 months. Some employers do offer 6, 18 and 24 month schemes. You will ultimately need to check with your employer.