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Application to rent a bicycle through UCL's Cycle Scheme

Bike Rental scheme enables employees to save 32-42% on the cost of bike hire subscriptions. The saving is generated by paying for the membership via salary sacrifice.

Frequently Asked Questions (FAQs):

Do I have to use the Bike Rental scheme for commuting and work trips only?

No, you can use the bikes for leisure too – but the majority of trips should be work-related.

What is the Bike Rental scheme?

The scheme enables employees to save 32-42% on the cost of city bike rental memberships. The saving is generated by paying for the membership via salary sacrifice.

How many months can I spread the cost over

You will repay the bike rental cost over 6 or 12 months, depending on the plan you choose.

Can employees cancel?

You will  have 14 days from the point of being sent your eCertificate / Bike Rental redemption code to cancel.

Can I join both my employers Cycle to Work and Bike Rental scheme?

Yes, in most cases you can have a standard Cyclescheme agreement concurrently with a Bike Rental agreement.

What happens if I leave UCL?

Any outstanding salary sacrifice payments will be taken from NET pay but you will continue to have access to your membership until it expires.

How does it work?

To join Bike Rental scheme:

  1. Apply for Cyclescheme in the normal way using the link below
  2. Select ‘Rent a bike' option and submit your request
  3. We will review your request and, if approved, you will be sent a Redemption Code via email
  4. You redeem the code with your chosen bike rental company (Santander/ Brompton/ Buzzbike etc)

Apply to join Cyclescheme