Chris Swift
Senior Member
- Location
- Coventry
Hi All
How long after you have setup C2W scheme can you re-apply for another bike?
Chris
How long after you have setup C2W scheme can you re-apply for another bike?
Chris
Yep once a year. You have to pay off bike one first.
Oh ok. I assume that the combined price has to be £1000 or less though?2881778 said:No, you can have two. Some have one each end of a train journey for instance.
Yes is it but they are nxt to useless... They couldnt even tell me which lbs was in the scheme!Surely that's a question for your HR department who administer the scheme, most have an annual C2W window I think
How it works generally depending on the scheme is that when your employer opens the scheme you can join up to the value of usually £1000. When the scheme is opened up again 6 months down the line you can 'tag on' a new bike/accessories up the value not spent 1st time round (still within the £1k).
The additional items will then be paid over 6 months instead of 12 and your original item is paid over 12 with the usual option to extend, return, buy everything at the end of 12 months.
You can't however have two cycle to work schemes on different agreements at the same time meaning the maximum you can hire is always £1000 at anyone time.
If you want to own two £1000 pound bikes you will have to do it over 2 agreements and 2 years but don't forgot the scheme also includes equipment and clothing so it's not just bikes.
Choice of lbs is down to the scheme parameters.