Cycle Scheme

How Much Can I Spend?

The Limit is set by your employer. To find out what yours is, visit cyclescheme.co.uk and enter your employer's name or code. You'll then be instantly shown how much you can spend on your new bike and/or accessories.

 

What's an Ownership fee?

An Ownership Fee is a cost you must pay at the end of your Hire Agreement if you wish to keep your bike. The fee enables you to retain the bike whilst avoiding any benefit-in-kind liability.

Cyclescheme always recommends the 'Own It Later' Fee - this is only 3% or 7% of your packages original value.

 

Do I have to ride to work daily?

The simple answer is no. You should, however, use the bike and/or accessories mainly for commuting or work-related journeys.

 

go to help.cyclescheme.co.uk to answer any other questions you have.