About Fuel Cards

If your business relies on motorised transportation, then fuel will be high up on your list of overheads. Fuel prices are subject to routine fluctuation, based on global events. Sometimes for the better of the public, sometimes not so much.

A great way to make sure that you're getting the best price possible when it comes to fuel consumption is by purchasing Fuel Cards. These can have an array of benefits for a businesses with a fleet of any size.

That's why the team at Commercial Experts are committed to helping thousands of businesses out there with their Fuel Cards needs.

What Are Fuel Cards?

A Fuel Card, also known as Fleet or Petrol Cards, are utilised within businesses for the purchase of fuel within their fleet.

This can cover a wide range of business operations, including but not limited to, transportation, haulage and construction.

They are similar to the layout of credit cards, with a magnetic strip that is swiped upon the conduction of the transaction, followed by entering a PIN.

Some may be locked to only work at certain petrol stations, whereas others may be valid at all chains. That will be dependent on the supplier.

Some suppliers will sometimes demand a minimum monthly usage of the Fuel Card, which can often be negotiated depending on the size of fleet that your business operates.

Why Should I Get A Fuel Card?

There are many great benefits to possessing a Fuel Card for your business, so we've gone ahead and made a short list explaining exactly how they can help.

Cheaper Rates

The most obvious benefit of Fuel Cards is that they allow your business to purchase fuel at cheaper rates. These will typically be at wholesale prices compared to the standard retail price you will find when you're filling up your car in day to day life.

Fixed price/bunker price will offer discounts on all fuel, regardless of its type or where it's purchased from. These are the cards that will offer the greatest flexibility when it comes to powering your fleet. The prices are generally slightly cheaper than the national average.

Pump price cards only permit the purchase of fuel at the price specified on the forecourt of the station that you are using.

Prices will depend on the type of card you are looking for and the supplier, both of which can be compared HERE.

Administration Benefits

This covers the board, from drivers to accountants.

Drivers will no longer have to collect and keep hold of receipts then go through the process of claiming back the money that they are owed. They will simply pay with the Fuel Card, whether this be on a direct debit or on a pay as you go basis.

This streamlined approach will give countless hours back to your accounting team in order to focus on other areas of the business.

You will also have 24-hour access to reports which include fuel consumption, fuel costs and driver behaviour. This in depth around the clock data access can allow your fleet manager to optimise fuel spend with much greater ease and financial efficiency.

Security

All fuel cards can be locked to provide different levels of security.

They can be locked to individual drivers, using their names, vehicle registration, and assigned with a dedicated PIN. This can prevent anyone other than the assigned driver from using the fuel card.

You can also set limits on the card to restrict the way in which it’s used, by setting limits on the number of transactions that can be made in a given timeframe, the amount spent on the card, and the quantity of fuel purchased. You can even control what type of fuel is purchased on the card.

Dedicated Customer Service

Some Fuel Cards will come with dedicated account managers attached to them. These account managers will be responsible for your business and will be your point of contact when needing to liaise with your supplier.

The rapport built with your account manager and their knowledge specific to your business, will allow for a personalised and streamlined approach to customer service.

How Do I Get A Fuel Card Provider?

Hopefully that's answered most of the questions that you may have regarding Fuel Cards. Now the last one you may have, is "How do I get one?" The process couldn't be any simpler, all you have to do is click the "Get Quote Now" button and you can start comparing quotes. This is an absolutely free service and there's no obligation to buy, so click the button, follow the prompts and get comparing now.
Start Free Quote