Save money and spread the cost of
a brand-new bike and accessories!

What is Cycle2Work?

Cycle2Work is a government initiative which offers the most cost-effective way to get new cycling equipment. The scheme is ran through participating employers, meaning you do not have to pay tax or national insurance on these products – saving you up to 43.25%! This reduced cost is then simply deducted out of your payslip over 12 or 18 months.

How much could I save?

Through Cycle2Work you can save anything from 33.25% to 43.25%, however this differs from person to person. Check out our handy Savings Calculator for a guide to how much you would save if you took part!


How do I apply for the Cycle2Work scheme?

1. Choose your bike accessories either in-store or online so you know exactly how much you’d like to apply for.


Sign up at and complete a speedy online application. You’ll need your employer code to complete this.

3. Once your employer has approved your application, you will receive your letter of collection instantly by email – this is what you use to redeem your bike and accessories.

Sign up now

What is a Letter of Collection, and how do I use it?

A Letter of Collection is exactly what is says – a letter that you use to collect your bike and accessories! To use it, all you need to do is present it at the till with your items at your local Halfords store. Prefer to shop online? Simply select Cycle2Work as a payment method and enter your surname and LoC number.

What bikes can I get?

This is completely up to you! You can choose any adult bike, so take your pick from electric, folding, hybrid, road and much more! If you need some advice, check out our Buying Guides that will help you find the right bike for you and your commute.

I already have a bike, can I still take part?

Of course! You may want to get a whole new upgrade, or a second bicycle. Just want accessories? Using the Cycle2Work scheme for accessories only is a very popular option for those who just want to upgrade the rest of their gear!

How does Cycle2Work differ from interest free finance?

through Cycle2Work you can save between 33.25% to 43.25% through tax and national insurance and the cost will simply be deducted from your payslip. You’ll also get loads of free extras, discounts and benefits on Cycle2Work which you would not get on Interest Free Finance!

For example, a bike costing £1000 could cost as little as £55.70 a month over 12 months on Cycle2Work- compared to £833.33 through interest free finance.

For more information, visit

Frequently Asked Questions

Through the Cycle2Work scheme you can only redeem adult bikes and cycling accessories that you will be using yourself. The below are not available on the scheme:

  • Scooters & electric scooters
  • Kids/Junior bikes
  • Cycling technology
  • Cycle Carriers
  • Bike building costs
  • Delivery costs
  • Bike repairs and maintenance
  • Bike repair and maintenance plans such as Halfords cycle care

To apply for the scheme, your employer will need to be signed up to the Cycle2Work scheme. To find out if your workplace is taking part, please get in touch with your HR department who will give you all the information you need to apply.

This can vary slightly depending on what your employer has chosen. At the end of your hire agreement, Cycle2Work will get in touch with you to explain all your options and ensure you make the best savings possible!

In 2019, the government removed the traditional £1000 limit for the Cycle2Work scheme – great news, as this made many more bikes available under the scheme!

However, the amount you can spend on your Cycle2Work scheme still depends on your employer who chooses the limit. If you’re unsure of your company’s maximum limit, contact your HR department.

Once Cycle2Work have received your application, this will be forwarded to your employer for approval.

After this is approved, you’ll receive your letter of collection by email. You’ll then be ready to pick up your new bike and accessories! It couldn’t be easier!

With the scheme you can get any adult bike plus a wide range of cycling safety accessories. If you already own a bike, you can also apply for just accessories! These could include:

Plus, much more. For a definitive list of what accessories are eligible, please visit

As long as you don’t exceed the maximum limit applied by your employer, you can technically apply as many times as you’d like – providing the deductions from your payslip don’t take you below the National Living Wage.

However, depending on your employer, it’s not always possible to make a second application so you must check with your HR department first.