What is a 'Letter of Collection' or 'LoC'?A Letter of Collection or LoC is exactly what it says - a letter that your employees use to collect their chosen bike and accessories for our Cycle2Work scheme! You will be sent this via email or post once your application is approved.
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What happens at the end of the Cycle2Work hire period? When your hire period is coming to an end, the Cycle2Work team will contact your employees via email and present the three post-hire period options below for them to choose from.
Zero Cost Extended Hire. This allows your employees to opt into an extended rental agreement at NO additional cost.…
What is the Cycle2Work scheme?Cycle2Work is a government initiative that was introduced in 2001 to encourage more people to commute to and from work by bike, enabling people to make healthier choices and reducing the UK’s carbon footprint. The initiative also allows employees to make Tax and National Insurance savings on the cost…
Cycle2Work schemes we acceptWe accept Cycle2Work, Cycle Scheme and Bike2Work at Tredz. Cycle Plus, Cycle Solutions and NHS schemes are not accepted.
How quickly can employees collect their bike with Cycle2Work?As soon as you approve their Cycle2Work application, your employees will be immediately sent their Letter of Collection (LoC) via email. Providing their products are in stock, your employee can simply present their LoC, a form of ID, and collect their items!
If it’s not in stock, they can have their…
Where can employees redeem Cycle2Work?Cycle2Work is supported by a wide range of specialist bike dealers, catering to everyone regardless of their needs, budget, location or journey to work!
This includes Halfords: 465+ stores and online via Click & Collect at www.halfords.com, Tredz: online at www.tredz.co.uk, independent bike stores:…
