Cycle to Work Schemes
available at Run & Ride.
​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 do Cycle to Works schemes work?
The simplest explanation is that the schemes act 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.
Schemes We Accept
Most cycle to work schemes charge us 10-15% commission on every voucher processed. On full RRP purchases we will absorb these fees. However, on purchases of discounted items we will add the value of the commission back onto the overall purchase price. We have no choice but to this - we have to protect our margins.
With that in mind, the scheme we favour the most is Gogeta - with 0% commission it works differently so we can protect ourselves while at the same time offering our customers the best deal. Gogeta charges us nothing. Ever.
