London's self-service, bike-sharing scheme is a great way for you and your staff to get around. Simply hire a bike, ride it to a business meeting, on your commute or wherever you fancy, then return it to any docking station, 24 hours a day, 365 days a year.
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.
Types of business accounts
Pooled business account
Businesses can purchase up to 20 pooled keys for £90 each. Each one gives you unlimited bike access for a year, for all journeys of up to 30 minutes. For longer journeys, extra ride charges will be charged to your business account.
Your business administrator can manage your account through the cycle hire website, allowing your staff to share keys for hiring bikes by signing them in and out online (similar to a pool of staff cars, but much more fun).
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 unlimited journeys of 30 minutes for free. If they keep a bike for 30 minutes or longer, extra ride charges will apply and be taken from their bank account.
"It's a lot quicker than driving and it's a lot easier, because you don't have to worry about parking. It can be difficult to park in this part of London."
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
- Direct Debit payment
Allow your business to pay any monthly charges incurred through a recognised safe and automated system
- 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 email and stored online
- Bespoke online account management
Business accounts benefit from their own specifically designed management system, to help you better manage your account and track usage
- 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
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
Get 10% off through Cycling Workplaces
If you have five or more employees, you can benefit from a 10% discount on your first business account purchase, as well as enjoying the following free products and services through TfL Cycling Workplaces.
- Cycle parking
A range of solutions to ensure your employees have somewhere to secure their bikes at your workplace
- London by Bike seminar
A seminar at your workplace on commuter cycling, safety and how London is changing for cyclists
- Commuter cycle skills sessions
On-bike urban cycling skills sessions, tailored to each employee's cycling experience. Delivered as a one hour taster session at your workplace or as a two hour individual session at any London location
- Cycle safety checks and bike marking
Employees can have their bikes checked and security marked at the workplace. Checks ensure bikes are roadworthy and marking can
aid recovery in the event of theft
Registration for Cycling Workplaces is quick and easy. For more information about what's involved, or to sign up, go to the Cycling Workplaces website.
Find out more and register
Call the business accounts contact centre or email us to register your interest in the scheme. Our Customer Care team will guide you through the process to open your business account.
Telephone: 0343 222 0066 (TfL call charges)