Apparently.
Bike Miles is scheme giving you one point for every mile cycled, which you can then convert in goodies using Cyclescheme. I won't be using it cos I have neither GPS nor smartphone (least, my phone seems pretty smart to me, but I don't think it qualifies for this kind of stuff) but I dare say it'll be interesting to some. The mileages needed seem undemanding.
http://www.cyclescheme.co.uk/bikemiles