Save 25% — 39% on a new bike with Cyclescheme

Spread the cost of a new bike, interest-free & with zero up-front costs. Payments are taken for your new ride out of your gross salary. The process is simple, government-approved and flexible enough for you to choose repayment options which suit you.

How does Cyclescheme work?

The simplest explanation is that Cyclescheme acts as an employee benefit, in the form of a salary sacrifice.

This means that you agree to give up part of your salary in exchange for a benefit – in this instance the benefit is a bike and/or accessories. The salary sacrifice is taken from your gross salary (before tax) which means that you will pay less Income Tax and National insurance.

It is worth noting that there is no credit check if you wish to participate, and if you are under 18 you can join the scheme if your guardian signs a guarantor agreement. Being on probation should not affect your eligibility — if you are unsure, please check with your employer.

Cyclescheme have produced a particularly helpful video to help explain this.


Enter some details into the Cyclescheme calculator below and you'll be presented with your possible savings.

What is Cyclescheme?

Cyclescheme allows you to purchase any bike through your monthly salary sacrifice. The payments are taken directly from your gross salary, whilst also meaning you do not pay any tax, National Insurance, or interest fees.

What is an Employer Code?

A Cyclescheme employer code is a short alphanumeric code that allows you to log into your employer's customised version of the Cyclescheme website; it tends to look like 'fd45aq'. You use the code to log in on the Cyclescheme homepage. You do this by clicking on "I'M AN EMPLOYEE". Then pop your employer code in the 'Enter Employer Name or Code' box and hit "LET'S GET STARTED"

How much can i spend on Cyclescheme?

Most employers choose not to limit the order value with Cyclescheme. This means you can browse a wide range of bikes, including e-bikes, and pair with a number of complimentary accessories. Please check with your employer for any order value limit before applying for your certificate.

Can I add my own funds to the transaction?

You cannot add your own funds to the transaction, this is determined by the guidance from the Department for Transport who have clarified that the entire order value must be included on your certificate and adding funds is not possible.

Can I add or remove items from my order once it has been placed?

Once you have applied for the certificate, it is not possible to amend items on the scheme or the order values. We recommend including all eligible accessories on the initial order, including shipping.

How does salary sacrifice create a saving?

The saving is achieved by paying for the bike and/or accessories directly from your gross salary (before tax). This means your income tax and national insurance are based on your salary, minus the cost of the bike and/or accessories. In turn, this means that your income tax and national insurance are calculated on the reduced amount of salary. Hence, reducing the amount of tax and national insurance you pay is less.

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