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Whether your fleet consists of HGVs, LGVs and PSVs, cars and vans or even bikes and scooters, fuel costs are going to comprise a huge, if not the biggest element of your fleet expenditure. With fuel prices rising consistently over the years, that isn’t likely to change any time soon. Fleet Fuel Cards can help you make significant savings on your fuel spend as well as cut admin and waste costs.
Fleet fuel cards are offered by a number of suppliers large and small. Choosing the right one can make the difference between considerable savings with convenient service and going miles out of your way to barely save a penny.
Fleet Fuel Cards: The Options
Fleet fuel cards fall into two main categories: bunkered fuel cards which are more suitable for high volume diesel users and retail fuel cards which are better for companies with mixed, LPG or petrol only fleets.
The reason it breaks down this way is that bunker fleet fuel cards are used to purchase diesel fuel from a stockpile which can only be accessed at a limited number of sites. While this allows them to sell at a fixed weekly price which is lower than pump prices, it also means you’ll need to have sites accessible on your regular routes.
Retail fleet fuel cards, on the other hand, are used to purchase petrol, diesel or LPG from regular service stations at pump prices.
Fleet Fuel Cards: The Benefits
Whether you’re making a saving on the nominal price of fuel or not, fleet fuel cards offer many other benefits which lead indirectly to lower prices:
- Interest free credit period for managing cash-flow
- VAT approved invoices
- 24/7 online account management
- Setting limits to the amount of fuel or number of refills allowed to any driver within a given period or limiting the geographical location where refills can take place
- Detailed fleet management reports for fuel efficiency analysis
- Pay for road tolls, lubricants and even snacks and drinks with fuel cards
- Dedicated account manager to respond to your queries
- Stop lost or stolen cards instantly
- Enhanced security features to minimise fraud and theft
The reduced administration which results from not having to manage and pay driver expenses and the improved fuel efficiency which results from better fleet management can both lower costs significantly over the long term. Never losing a VAT receipt again means you’ll always be able to reclaim tax paid at the pump and you can be safe in the knowledge that no employee is skimming a credit card or manipulating expenses.
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Approved Fuel Cards provides a fast and free method for comparing leading Fleet Fuel Cards suppliers based in the UK.
Just fill out our simple enquiry form to receive up to 4 no-obligation quotes for Fleet Fuel Cards.
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