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  • Cycle2Work schemes we accept At Halfords, we only accept Cycle2Work. Tredz also accept Cycle2Work as well as Cycle Scheme and Bike2Work Halfords and Tredz do not accept Cycle Plus, Cycle Solutions and NHS schemes.
  • 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 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. For further assistance please click here  
  • What is a 'Letter of Redemption' or 'LoR'? A 'Letter of Redemption' or 'LoR' is exactly what it says - A letter that you use to redeem your chosen services! You will be sent this via email once your application is approved. For further assistance please click here
  • Can an employee enter into more than one hire agreement at the same time with Cycle2Work? An employee may want to take out a second hire agreement which is absolutely possible on Cycle2Work. However, the total value must not take the employee over the scheme limit or below the National Minimum Wage. You may choose to remove this option, restricting employees to one hire term at a time. For…
  • Is Cycle2Work part of any open frameworks? Yes, we are part of ESPO, NPS and CSS as an approved partner. For further assistance please click here
  • Will joining Cycle2Work affect employees' pensions or other benefits? In some cases yes, any effect is likely to be small. However, your employees need to be made aware of the implications of paying less tax and NI contributions and accepting a reduced salary. They should get professional advice if they have any concerns or need more information. For further assistance…
  • Can Cycle2Work be added to my existing benefits platform? We work with the vast majority of benefit providers. Please get in touch with us by clicking here or contact your provider to find out further information on how we work together!