Bargain Hunter: Get on your bike with a £500 trade-in offer at Evans Cycles

Take your unloved bike to one of 58 stores across the country and donate it to one of 10 charities in the Evans Cycles charity initiative

You can upgrade your bike and go the distance for charity (AFP/Getty Images)

Donate your old bike to a worthy cause and you could get £500 off the price of a new one. The trade-in deal is being offered at branches of Evans Cycles until June.

To take part you need to take your unloved bike to one of 58 stores across the country and donate it to one of 10 charities in the Evans Cycles charity initiative. In similar scheme last year, 2,000 unloved bikes headed to new homes and helped a number of disadvantaged groups, including communities in Africa and local UK community programmes.

"The Evans Cycles scheme is a great way to trade in your rusty old bike and get up to £500 off a shiny new one – and help a great cause too," said Gareth Evans of Evans Cycles. "Your old bike could help transform someone's life."

More details on the trade-in can be found at evanscycles.com/pages/tradein.

Beat the blues with a handout from Barclays

Barclays customers can cash in from a new handout from the bank from next Monday.

Joining Barclays Blue Rewards costs £3 a month but then lets customers in for handouts of up to £15 a month. You'll need to have a suitable Barclays current account with at least £800 paid in every month and two monthly direct debits paid out.

Once signed up, you'll qualify for £7 a month paid into a Digital Wallet which can be transferred to your current account, giving £4 a month to all. To get higher monthly rewards, you'll need to have a mortgage or insurance with the bank.

"The £7 monthly payment is money for nothing although in effect you're only getting £4 once the £3 monthly fee is taken into account," pointed out Andrew Hagger of Moneycomms.co.uk.

"I'm not sure why there's this give with one hand (£7) and take with the other (£3 fee), although perhaps offering a straight £4 payment would make it more obvious that the deal is less rewarding that the Halifax's £5 per month?"

Co-op adds a £20 buffer for its borrowers

The Co-op Bank has a new overdraft which it says "will make borrowing cheaper for all customers". It has a simpler charging structure and fewer fees and includes a £20 buffer so you can go over your limit for up to £20 without being charged a fee.

There's also a useful once-a-year-fee waiver which gives you six days to get your account back on track to avoid fees.

Concession licences save households 50 per cent

Anybody who is registered as blind or lives with someone who is, can claim a 50 per cent reduction on the cost of their TV licence.

A blind concession TV licence costs £72.75 and covers any equipment used to watch or record TV at the address, including TVs, laptops, tablets and games consoles.

To apply fill in an online form at tvlicensing.co.uk/blind or call TV Licensing on 0300 790 6112.

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