Save or Upgrade, you get to choose!
We’re pleased to accept vouchers from a wide range of scheme providers. However, it’s important to be transparent about how these schemes work from a retailer’s perspective.
When a Cycle to Work voucher is redeemed, the scheme provider charges the retailer a processing fee. As a small business, we’re unable to absorb these fees. Hence to calculate based on the voucher size there is a fee associated with the redemtion
FAQ
What is Cycle to Work?
Cycle to Work is a UK employee benefit scheme that lets eligible employees get a bike and approved cycling safety equipment through their employer, usually using salary sacrifice. This reduces the amount of salary taxed, which is where the saving comes from
How do I save money with Cycle to Work?
In most schemes, your monthly payments come from your gross salary before Income Tax and National Insurance are worked out. Because of this, many employees pay less tax and NI than they would with a normal purchase
Who owns the bike during the agreement?
Under the standard setup, the bike is hired to you during the agreement rather than transferred to you at the start. Ownership options are usually dealt with at the end of the hire period under your employer or scheme provider’s process.
Can I use the bike only for commuting?
No. The scheme is designed to support commuting and active travel, but the bike does not need to be used only for commuting. Government guidance says the cycle must be used mainly for qualifying journeys, which includes commuting to work and between workplaces
Why does Gloria add a scheme fee?
Cycle to Work providers charge a redemption or admin fee to the retailer. Gloria passes this on to the customer to cover that cost. Even with the fee included, the overall saving for many customers still remains meaningful. This part is a retailer policy rather than a government rule
Supported schemes
We work with all providers