Edenred Bike – the bike benefit brings a sense of freedom

With the bike benefit, you can pedal to work or leisure! The Edenred Bike is a cheaper way to get a quality bike for your own use. Thanks to the tax-free benefit, you can save up to 15-35% of the purchase price of the bike.  

Savings with the bike benefit

The bike benefit is tax-free up to €1200 per year, i.e. €100 per month. One of the most important upsides of the bike benefit is its affordability: with a tax-free bike benefit, you can buy a bike for 15-35% less than its original purchase price. For example, for a €1000 bike you pay only €650-850. In addition to the bike itself, the benefit also covers the accessories that go with it. 

Find out how much you can save with the bike benefit
See also an example calculation of the bike benefit

Get the bike of your dreams

With the bicycle benefit, you can get the bike of your choice from the selection of over 200 high-quality bike brands from our partner Vapaus. You can choose an electric bike, a regular bike or even a second-hand bike. In addition to the bike itself, you can also buy the most common accessories such as helmets, lights and pedals tax-free. 

You can buy a bike from your local bike shop, a foreign partner online shop, Canyon's online shop or Vapaus' own online shop. 

Every bike is fully insured against theft, vandalism and accidents – at no extra cost. You can take your bike on the road with you, as there are no geographical restrictions. 

Getting the bike of your dreams has never been easier! 

How does the bike benefit affects salary?

If your employer offers the bike benefit as part of your salary, the cost of the bike is deducted directly from your gross salary in convenient monthly installments of €100. If you are offered the bike benefit on top of your salary, it is treated as a pay rise, but it does not increase your tax rate.  

Despite the tax free nature of the bike benefit, it will not affect your pension accrual. You will accumulate your pension as normal, although your taxable income may be reduced. 

Example calculation of the bike benefit

This is how much you can save with the bike benefit in bike acquisition costs when your gross salary is 3600 €! The example describes the savings when the price of the bike is deducted from the employee's monthly salary.

Price of the bike package 3000 €
Monthly payment for the bike package 100 €
Duration of the contract period 40 months
Gross salary 3600 €
Tax percentage 21 %
Tax payable 756 €
Net salary 2844 €
The effect of the benefit on the tax percentage 0,6 %
New gross salary 3500 €
New tax percentage 20,4 %
Tax payable after the benefit 714 €
Impact of the benefit on the salary -58 €
Cost during the contract period 2320 €
Redemption price at the end of the contract period (1%) 30 €

Estimated total savings 650 € (21,67%)