Santander Cycles business accounts
Give your organisation unlimited access to our cycle hire scheme. You can use the bikes for business travel or commuting, depending on the individual needs of your staff and your business.
Business Account structure
Individual Business Account
Whatever the size of your business, you can buy a cycle hire account for a staff member for £90, giving them one year's bike access.
Simply purchase a set of promo codes - pass them on to your staff and they'll be able to register and link their personal bank account to the membership key.
This means your staff can make as many journeys as they like, and the first 30 minutes of each journey they make is included. Longer journeys cost £2 for each extra 30 minutes or less, and will be taken from their bank account.
What's in it for your business?
- Improve staff retention
Studies show that staff turnover can be reduced by up to 13% by the introduction of a cycling scheme in the workplace
- Increase productivity
Research also suggests that staff walking or cycling to or from work reduces absenteeism, with active staff taking 27% fewer sick days
- Sequential invoicing
- Automated invoicing sent straight to your email and stored online, allowing you to keep track of your accounting with minimal administrative burden
- Automated reporting
Detailed reports outlining useful statistical data, as well as renewal and expiry dates, sent monthly to your admin's email
- Corporate social responsibility
- With more staff cycling you can substantially reduce your organisation's carbon emissions, help reduce congestion and improve the air quality in your area
- Save space
Encouraging cycle hire usage can reduce the requirement for car and private cycle parking spaces
- Save money
The cost of business travel may be a deductible expense for corporation tax purposes. Your business may be eligible for such a tax saving if you use a Santander Cycles Business Account for work purposes
What's in it for your staff?
- Easy to use
Once employees have a membership key they can hire a bike at any time, whether for commuting or to get to a business meeting, then return it to any docking station
- A new benefit to your staff
Most staff welcome the offer of new travel options
- It saves money
Commuting by bike can reduce your staff's travel costs. They won't have to buy or maintain a bike either, and all accounts include unlimited journeys of under 30 minutes
- Health and fitness
Cycling helps reduce weight, high blood pressure, the risk of heart disease and the most common form of diabetes
Cycling in London
Go to Cycling in London for information on how to make the most of cycling around the Capital. The section includes details about cycle training to improve your confidence and riding skills and where you can take your cycle on public transport.
For any further enquiries please contact our Business Development team by email and they'll get in touch to answer any questions you may have.
To sign up for a Business Account, please call our registration team who will guide you through the process to open your Business Account.
Telephone: 0343 222 0066 (TfL call charges)