Cycle to work schemes

Please note that due to the high admin charges made by some Cycle to Work scheme providers not all of our model range is available for purchase using C2W vouchers. If you are considering a Cycle to work scheme purchase through us, please contact us to check model eligibility for your provider.
Our recommended provider is The Green Commute Initiative and we are happy to process all bike models through this provider.

We are now part of the Green Commute Initiative:

What we like about the Green Commute Initiative is that unlike some schemes there is no £1000 cap (update: Many schemes have now dropped the cap, speak to your scheme provider or to the person who manages the scheme at your workplace to find out more about what you can spend as often limits are set by the employer). This opens up the scheme to ebike purchases making it a real practical green alternative for many seeking to ditch the car for their daily commute. It's a real game-changer and we think it will get more people on bikes than ever before, which is great news for the planet we love.

The other great thing about the Green Commute Initiative is that there are no complicated exit conditions or exit fees to pay. Everything is simple. Like most schemes it is salary sacrifice so both you and your employer save.

Main Provider website links (where you’ll find much more information about individual schemes)

We also accept the following schemes, contact us if you are unsure if we work with your provider:

Cyclescheme

Halfords Cycle2Work

Cycle Solutions cycle to work scheme

Bike2Work Scheme

Green Commute Initiative

What’s it all about?

Cycle-to-Work-Scheme

Save a minimum of 25% on a new bike and spread the cost.

Summit Cycles offer the Cycle to Work Scheme through the Green Commute Initiative and most other provider schemes. Many large local employers already offer some form of the cycle to work scheme including the University, The National Library, The Welsh Assembly Government, Dyfed Powys Police, The County Council, The NHS, Carmarthenshire County Council, Gwynedd County Council, The Royal Mail, Network Rail and Natural Resources Wales. If your employer isn’t on the list then don’t panic, they may still offer the scheme or be interested in joining. Try speaking to your human resources department, they should be able to tell you if your employer is part of a scheme. There is plenty of information on the web for both employees and employers to learn about the scheme, simply google your scheme's provider website to find out the details or speak to your HR department for more information on the scheme they provide.

What is the Cycle to Work Scheme?

The Cycle to Work Scheme is a Government backed tax incentive to assist employees with cycle ownership. Employees can save at least 25% from the cost of the purchase of a new bike and accessories for riding to work, with no upfront costs and the payments deducted directly from your salary.

It’s very simple, you choose a bike, hire it for an agreed length of time, then snap it up for a fraction of its original value at the end of the hire period. It’s like a year-round sale price, with interest free credit.

Cycle to work schemes provide a simple way to get a brand new bike, make huge savings (at least 25%!) and spread the cost.

Joining a scheme can be done in 4 easy steps.

Choose your bike package

Get the gear that suits your commute. Go for a bike, a bike and accessories, or just accessories – it’s your choice. Take a look at the GCI calculator (below) to get an idea of repayments for this scheme. Other providers may have their own calculator on the provider website.

After working out what you can spend, then it is time to visit us in store where our staff will help you explore your options to find a bike that is right for you. In store, our staff can compile a quote, either on a provider form or to send via email, that you can then hand to your HR department or scheme administrator at your workplace for application processing.

Submit your application

Using an example based on the process for cyclescheme.co.uk applicants – Once you’ve found your perfect bike package, you can head over to the provider website ( cyclescheme.co.uk ) and submit a request. For this scheme (and many others) you will need a unique employer code along with details of what you would like to purchase. (For other schemes the process may be a little different, so you may need to speak to us or your employer if your company is using a different scheme administrator.)

For most schemes and certainly for the scheme in our example here (cyclescheme.co.uk), once a bike has been selected and the application made, details will then be sent to your employer for approval (either by you or in some cases directly from the bike shop), and once this is approved, you will then receive a certificate and Hire Agreement. This usually arrives direct in your email inbox. At the bike shop, we usually also receive a notification of the approval, and this gives us the go ahead to prepare your purchase. So after this time it won’t usually take long for us to order your bike (if it is not in stock), receive it and prepare it for collection. You should get in contact with us to confirm when you have your certificate just to be on the safe side and check we are aware. We should hopefully be able to let you know then when we expect your new bike to be ready for you to collect.

And finally, collect your bike package

Now it’s time to trade your certificate for your bike package. For our example scheme, cyclescheme.co.uk users are asked to bring their certificate to the store (or provide a digital copy via email. We also ask to see I.D on collection just as a security measure. On collection, we will check everything is set up right for you and also let you know a little about care and servicing for your new biker. ,With this done, you’re ready to ride.

Scheme end and transfer of ownership

Every scheme handles scheme end and transfer of ownership a little differently so you will need to check the details of your scheme with thee provider.

For our example scheme cyclescheme.co.uk, after 12 months, there is a transfers of ownership to you. This is made by making a small one-off fee. If your package was under £500 you’ll pay just 3% of the original value, or for packages over £500 you’ll pay just 7%. For exact details check with your scheme provider as scheme details can vary and be changed at any time.

Savings Calculator

Below is the GCI savings calculator which can be used to give you an idea of the saving you could make on a new bike purchase by using one of the salary sacrifice cycle to work schemes.