Is Cyclescheme the same as cycle to work?
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Is Cyclescheme the same as cycle to work?
Cyclescheme and Cycle2Work scheme are two different cycle to work schemes provided in the UK. Cyclescheme is the UK’s biggest scheme and is available with most bicycle retailers. Cycle2Work (not to be confused with the government’s cycle to work scheme) is a private scheme offered by Halfords.
Can I use Cyclescheme online?
Cyclescheme enables your employees to choose whether they want to shop in-store, online, on mobile, via click and collect or even factory direct.
Is there a limit on the cycle to work scheme?
The cycle to work scheme no longer has a limit.
How do you use Cyclescheme?
The employee visits their local bike shop or browses online to decide what they want; they then apply via the Cyclescheme website. The employer reviews their request and if they are eligible pays for the equipment. The employee receives their bike and starts their salary repayments.
How do I redeem a Cyclescheme voucher?
How do I redeem my certificate with an online retailer?
- Build your basket with the online retailer of your choosing.
- Select Cyclescheme payment method (this will sit alongside other standard payment methods I.e PayPal)
- You will be asked to enter your Certificate Number and then Redemption Code*
Is Cycle to Work scheme worth it?
The Cycle to Work scheme also allows you to buy accessories alongside the bike and this is definitely something you should take advantage of. In fact, we reckon it is worth using the scheme to buy two bike locks, a good set of lights, a helmet and some high-quality bibshorts.
How does Cyclescheme work for employer?
Cyclescheme in 3 easy steps: The employee visits their local bike shop or browses online to decide what they want; they then apply via the Cyclescheme website. The employer reviews their request and if they are eligible pays for the equipment. The employee receives their bike and starts their salary repayments.
Can I sell my Cyclescheme bike?
You can complete your Cyclescheme transfer of ownership by paying your Own it later fee early (and concluding your Own it later agreement); this will enable you to legitimately sell your bike. To do this, simply contact Cyclescheme.
Can I cancel my Cyclescheme?
If you wish to cancel your request, the best thing you can do in the first instance is to contact Cyclescheme to chat through your requirements. It is sometimes the case that cancellations can only be requested or approved by the employer – so please bear this in mind when contacting Cyclescheme.
Can I use my Cyclescheme voucher online?
Build your basket with the online retailer of your choosing. Select Cyclescheme payment method (this will sit alongside other standard payment methods I.e PayPal) You will be asked to enter your Certificate Number and then Redemption Code*
Where can I use my Cyclescheme voucher?
Cyclescheme has the widest network of any cycle to work scheme.
- You can choose to shop with any of our 2,000+ retailers nationwide.
- You can choose to shop in-store, online, click and collect or brand direct.
- If you cannot find what you’re looking for – we will find it for you.
How much do you pay a month on cycle to work scheme?
You pay only the purchase price. Normally, you’ll pay a deposit of 10% or so up front, then 12 monthly payments. So in our example, you’d pay £100 to take the bike away, then £75 a month for the year. It’s even better than paying cash up front!
