How do I pay my ownership fee?

The ownership fee (either the 'Own it now' fee or the 'Own it later' Agreement) is a separate transaction to the Hire Period, and as such cannot be taken from your salary.

Cyclescheme will contact you by email, letter or SMS at the end of your Hire Period with your options. These communications will contain a link to a secure payment portal from which you can select your preferred ownership option and make any payment required. 

The simplist payment options are credit/debit card or PayPal (alternatively you can pay by cheque or by BACS - to do this please contact our finance team).

What do the payment options look like?

Helping hand ✋
Ownership doesn't have to be expensive. Cyclescheme always recommends you choose our 'Own it later' agreement - this ensures fantastic end-to-end savings of at least 25-39%.

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