What is it?
In a nutshell, Cyclescheme allows you to get up to £1,000 worth of bike and accessories through your employer. You then pay a monthly ‘salary sacrifice’ to effectively 'hire' the bike and kit, over a 12 month period.
You then have the option to purchase the bike when the scheme ends, savings tend to be between 25% to 39%.
How do I apply?
Just 3 simple steps to begin your journey.
Just 3 simple steps to begin
When the Hire Agreement and salary sacrifice ends, you can keep your Cyclescheme Package by making a small additional payment – a maximum of £70 on a £1,000 package.
The bike and/or accessories become yours, for no extra cost, after 36 months.