Considerations when choosing a fuel card
Steve Clarke
Marketing Manager | Customer Relations, New Business Development, Key Account Management
Fuel cards record excellent data, reduce risk and save management and administrative time.
Fuel cards are a powerful tool for businesses looking to streamline fleet management, cut administrative tasks, and gather essential data on fuel usage. However, with a variety of options available, selecting the right one can be daunting. Here’s a guide to help you make an informed decision when choosing a fuel card.
Understand your business requirements.
Before choosing a fuel card, assess your company’s specific needs:
Travel areas: Where do your drivers frequently operate? Choose a card with network coverage that aligns with your routes.
Fleet size and fuel type: Consider how many vehicles you manage and their fuel needs to find a cost-effective solution.
Monthly fuel expenses: Knowing your average monthly spend can help you pick a card that offers the best pricing benefits.
Key features to consider when choosing a fuel card
Once you understand your needs, choose a fuel card based on these features:
Fuel pricing: Some cards offer fixed-price or discounted rates for larger fleets, while others charge standard pump prices. Choose based on your budget and usage.
Network coverage: Some cards are limited to specific brands, while others provide flexibility across multiple fuel stations, including supermarkets.
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Management reporting: Look for cards that offer detailed reporting to monitor fuel consumption, driver behaviour, and overall efficiency. This can significantly reduce administrative work.
Purchase restrictions: Some cards allow you to control spending by restricting non-fuel purchases, helping to prevent unauthorised use.
Choose a trusted fuel card partner.
When selecting a fuel card provider, and choosing a fuel card look for a trusted partner who offers transparency and reliability. Ask challenging questions to ensure there are no hidden charges for opt-out services you didn’t request. Confirm that they don’t use automated systems to gradually increase your fuel prices over time. This helps avoid unexpected costs and ensures long-term value.
Choosing the right fuel card can save your business time, money, and hassle. At Fleetmaxx Solutions, we offer tailored solutions to match your fleet’s needs. Reach out to us today at 01282 340077 or sen me a PM to find out how we can help you optimise your fuel management.
Marketing Manager – Fleetmaxx Solutions