What exactly is cyclescheme?
Cyclescheme is an employee benefit that saves you 25-39% on a bike and accessories (or even more with our offers). You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.
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Cyclescheme lets you pay for your MATE bike monthly, through salary sacrifice, meaning there is no tax, national insurance or interest to pay on your purchase.
You can use Cyclescheme to purchase any MATE bike and accessories. There is NO £1000 package limit, which means you go for any MATE specification you want.
At the End of the Hire agreement, you can keep your MATE bike and pay as little as 7% of the value of the certificate. No ifs, no but’s, and certainly no extra charges – it’s as simple as that.