Cycle To Work Scheme
With the Cycle to Work scheme, the main aim is to get you commuting to and from work, but that doesn't mean you can't enjoy yourself and use your bike in other ways - You can cycle to Anywhere with the Cycle to Work Scheme AND save up to 42% when doing so. Find out more below.
Free Cycle to Work Bike Exchanges
Getting the right size bike is one of the most important aspects of buying a new ride, so to help you get the perfect fit for your new cycle to work bike, we're offering you FREE size exchanges to give you peace of mind - Just speak to a member of our online bike expert team via Live Chat to take advantage of this offer.
You must be returning the bike for an exchange of a bike the same or similar to the original model that you have purchased and must be for a change of size and cannot be for a refund or reissue of the voucher. If the model isn’t available with us or at supplier level our Online Bike Expert Team will help you find the best suitable alternative.
The bike must have been purchased via a cycle to work scheme and no other payment method.
All bikes should be returned complete, unused and in the same condition as received in an undamaged and resalable condition within 365 days of receipt.
To help us process your return as quickly as possible please fill in our returns form** and include it in the bike box. You will be responsible for any returned items until they reach us.
We will only release the exchange once the bike has been inspected, so there may be a small delay.
Please note we will only be able to allow one free exchange per customer, if you are unsure of the sizing for your exchange please speak to our Online Bike Expert Team for support.
This offer can be honoured in either of our Tredz Swansea & Cardiff or Giant store, please speak to a store team member for further guidance.
** A returns form is included with your package. Alternatively follow the link below to download the bike returns form.
To return a bike, please call us on 01792 799508 or contact us on Live Chat and we will arrange for a courier collection.
Reserve your Cycle to Work bike
We understand that the Cycle to Work process can be a little slower than we would all like - so to help you pick the perfect ride, we're now offering FREE Cycle to Work Reservations (T&C's apply). Simply speak to a member of our Online Bike Experts Team via Live Chat to discuss your reservation.
We will only be able to reserve the bike for a maximum of 30 days.
We can only reserve a bike that we have in stock, we cannot reserve bikes if they are in stock with supplier or on pre-order.
Once you reserve a bike and show genuine intent to purchase using a cycle to work voucher, should the price of the bike change from the moment you reserved to the moment you’re ready to complete the purchase we will honour the cheaper price.
Nearly new bikes that would be eligible for the cycle to work scheme will be allowed to be reserved within all the other terms that apply.
No deposits to be taken for these reservations and customers will only be able to hold one order at a time.
You are required to know what the voucher limit you will have available will be as set by your HR department. Voucher limits are completely unique to the individual and companies so if you’re unsure please contact your HR department.
You must be able to confirm that the application has been completed and if you have been provided with an ETA for the voucher.
Please ensure the items you are reserving are those that you intend to purchase.
Once you receive your voucher you must return to our customer services team who will redeem and complete the order on your behalf. You must not complete the order online as we cannot guarantee the items you wish to purchase any other way.
This offer can be honoured in either of our Tredz Swansea & Cardiff or Giant store, please speak to a store team member for further guidance.
Customers will be able to reserve 2 bikes per order, as long as they are not the same bike and they are both intended to be purchased and used by the same individual. If you are unsure of which size you will need, you can contact our Online Bike Expert Team via Live Chat open until 8pm week days.
If you wish to reserve a bike or have any questions please call us on 01792 799508 or contact us on Live Chat.
Save Up To 42% Off the Price of a New Bike, Clothing, and/or Cycling Equipment
The Cycle to Work Scheme is a UK government supported tax initiative that promotes sustainable transport by making bikes and cycling gear more affordable to PAYE Employees through a salary sacrifice scheme. The scheme encourages participants health and enables cycling for fitness and fun, as well as reducing the cost of cycling equipment.
Why Choose Tredz for Cycle to Work?
Online Bike Experts 7 days a week
Easy to buy and redeem letter of collection online
UK's widest range of Bikes, E-bikes, and cycling gear
Sale & offer Bikes included
Wide choice of Scheme Providers
Price match now available with cycle to work
Free UK home delivery*
Bikes built by Cytech qualified mechanics
365 day returns policy
Free 14 day insurance on bikes
1-2 Days Despatch
One-Stop-Shop
Cycle To Work - Key Benefits
Affordable Ownership:
Cycle to Work is salary sacrifice scheme that enables employees to get a bike and/or cycling equipment at a reduced cost. Through this arrangement, the bike and equipment are owned by the company till the end of the term, leasing it to the employee for commuting and recreational purposes. The lease lasts for a set period after which ownership can be transferred, or the lease extended at no extra cost to the employee. Click here for end of lease options.
Tax Savings:
The key benefit for the employee is in the tax savings. The salary sacrificed towards the cost of the bike and equipment is taken from the employee's gross salary before Income Tax and National Insurance contributions. Consequently, this leads to reduced Income Tax and National Insurance payments, potentially saving the employee 28%, 42% or 47% on the overall cost of the bike and/or equipment depending on Income Tax band.
Pay in Instalments
Another advantage for the employee is the convenience of making monthly repayments throughout the typical agreement period of 12, 18 or 24 months, depending on the scheme and the employer. This approach spreads the expense of the bike and/or equipment, significantly enhancing the affordability of cycling. By breaking down the cost over time, cycling becomes a manageable and accessible option.
Health and Well-being:
The advantages of cycling for health and overall well-being are extensive. Individuals who incorporate cycling into their routine experience improved fitness and better health. Moreover, those who cycle to work often exhibit higher levels of productivity and contentment, knowing they are actively contributing to a cleaner, more sustainable environment. Participants in the Scheme also enjoy the added benefit of using their bikes and cycling equipment during leisure time, further enhancing these positive outcomes.
Wide Choice of Bikes, Clothing & Equipment:
Tredz are registered with all of the top Cycle to Work schemes, providing an extensive array of bicycles and cycling equipment. Our team of expert advisors are dedicated to assisting you in navigating the scheme and selecting the ideal bike and gear to suit your needs.
The Cycle to Work scheme has effectively promoted cycling as a greener and healthier commuting option, while offering financial benefits to employees. It stands as a win-win initiative, benefiting both individuals seeking cost-effective transport options and the environment through reduced pollution and carbon emissions.
Cycle to work Schemes we support at Tredz
What are my predicted savings?
You can save between 28% and 47% on a new bike with the cycle to work scheme.
Find out exactly how much you will save by using our cycle to work calculator.
| Cost | You pay | |
|---|---|---|
| Bike | £2000.00 | £1360.00 |
| Helmet | £50.00 | £34.00 |
| Accessories | £100.00 | £68.00 |
| Normal Cost | Cycle to Work | Saving | |
|---|---|---|---|
| Monthly | £179.17 | £121.83 | £57.33 |
| Weekly | £41.35 | £28.12 | £13.23 |
| Fortnightly | £82.69 | £56.23 | £26.46 |
| Four Weekly | £165.38 | £112.46 | £52.92 |
| Total | £2150.00 | £1462.00 | 32.00% |