Spectrum
Lifestyle

Travel

Through our benefits and policies, we encourage our employees to make the most of discounted travel and loan schemes to build a work-life balance to suit all situations. At BNP Paribas, we aim to make travelling to and from the office as stress-free as possible whilst supporting the environment, as well as ensure you have the means to be able to work from home and the office accessible.

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Cycle to Work

Choose a certificate value between £100 and £1,000 on the Cyclescheme website to spend on your bike and/or safety equipment. We recommend finding the products you want before choosing the value required.

Once you have chosen your certificate, Cyclescheme will e-mail you instructions to show how to securely access it. This will arrive three weeks after the benefit has taken effect.

You will then use your certificate number to order your Cycle to Work package in store or online. During the redemption process, you will be required to sign your Hire Agreement. Once signed, you will be able to collect your goods or complete the order process online.

If you need to speak to Cyclescheme:

Travel and Expenses Policy
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BNP Paribas have a travel and expenses policy.

Read the Travel and Expenses policy

Car leasing
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Leasing a vehicle with Arval Ignition gives access to hassle-free environmentally friendly motoring with no hidden costs or fees. The scheme includes:

  • A brand new car of your choice, you can find information on the scheme and run your own specific quotations via the Arval Ignition portal
  • Insurance
  • No up-front payment or credit check
  • Breakdown cover
  • Maintenance and tyres

Before committing to this benefit, we encourage you to speak to the Arval Ignition team to understand the scheme and get the best for you.

Learn more on Spectrum

Contact Arval

Breakdown cover
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Through the Bank’s car-leasing businesses we are able to offer discounted, bespoke UK vehicle breakdown cover through the AA. You can select cover for up to 3 vehicles including cars, motorcycles and light vans (< 3.5 tonnes and under <2.3 metres in width). Any insured driver of these vehicles, for example your partner, will also be covered by the benefit. The benefit offers the following level of cover:

  • Roadside: 24/7 assistance for breakdowns over a quarter of a mile from your home address - if they can’t complete repairs at the roadside the AA take your vehicle to a nearby garage.
  • Home start (at home): brings assistance to within a quarter of a mile of your home address. You can arrange a time for the AA to arrive that suits you.
  • Relay (national recovery): if the AA can’t fix your vehicle at the roadside or arrange a quick local repair, they’ll take you and up to 7 passengers’ home or to your destination – as long as it’s anywhere on the UK mainland.

Learn more on Spectrum

Season Ticket Loans
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Loans are available (interest-free up to £10,000) to assist you when purchasing an annual season ticket to travel between your home and primary work location.

Learn more on Spectrum

Bicycles
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Bicycles up to a maximum value of £10,000 are provided under the government’s Cycle to Work initiative via Cyclescheme. The aim is to offer tax and National Insurance savings to encourage wider use of bicycles for environmentally transport. In addition, BNP Paribas offers a further upfront discount to the cost of the bike. At least 50% of its use should be for, or at least for part of, your journey to work. The cost to you is spread across 12 months through salary reductions. Although the bicycle will be owned by BNP Paribas, after a period of 12 months you have the option to buy the bicycle or extend the hire agreement for a fixed period.

Cyclescheme offers great choice when choosing your new bike and/or accessories. You can shop Cyclescheme online or in-store at over 2,600 retailers across the UK. This includes independent stores, big name retailers and online only retailers. You will also get:

  • 6 week service with all in-store purchases
  • Enrolment with BikeRegister, the national cycle database
  • Seasonal offers from partner retailers
  • Free access to the Cyclescheme Love to Ride cycling community
  • Discounted British Cycling membership
  • Discount on Cycle Insurance from Bikmo 

Learn more on Spectrum

Full list of Cyclescheme retailers

Travel Insurance
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Travel insurance is available to all employees and is provided by Millstream. It is for leisure travel outside of work and offers you the following cover options for you, your partner and children (up to age 21 or 25 if in full-time education):

  • European travel policy (including or excluding winter sports)
  • Worldwide travel policy (including or excluding winter sports)
  • You can select cover for you and your partner / family . Children are covered up to age 21 (or 25 if in full-time education).

Learn more on Spectrum

Gadget Insurance
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Worldwide gadget insurance is provided by Crispin Speers & Partners. It is a cost-effective way to protect an unlimited number of your gadgets. Cover protects against theft, loss, breakdown and accidental damage. You can select between two cover levels: Standard or Premier. Both levels include any immediate family who permanently reside with you.

Gadgets insured include iPads, games consoles, smart phones, laptops, tablets, smart watches, headphones and more. There is no limit to the number of gadgets insured and there is no requirement to register any of them. However, all gadgets must have a commercial receipt and be either:

  1. Purchased brand new, directly from a manufacturer, network provider or retail store (high street or online)
  2. Purchased as refurbished as long as purchased directly from the manufacturer or the network provider
  3. Gadgets (other than laptops) must be less than three years old when you first become a member of the gadget insurance programme. Laptops must be less than 18 months old.

Learn more on Spectrum

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