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If you run a company which relies on the use of one or more vehicles for its daily operations you’re probably already aware of fuel card services. You might even already use fuel cards. What you might not be aware of is the great variety of fuel card services available and how your company can maximise its cost savings and minimise administrative expense by switching fuel card services providers.
Fuel Card Services: What’s on Offer?
As well as allowing you to reduce your fuel costs and manage your spending, fuel card services can also offer a variety of other benefits. These include:
- Interest free credit period for managing cash-flow
- Fixed weekly price for fuel
- Email or SMS price alerts each week
- VAT approved invoices
- Use of off-network service stations at pump prices
- 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
Fuel Card Services: What’s the Best Option for You?
Fuel card services come in two main types: retail fuel card schemes and bunkered fuel card schemes.
Bunker Fuel Card Services – Offer a fixed weekly diesel price at a limited number of sites. These are best suited to transport, logistics or distribution companies with several HGVs, LGVs or PSVs and who use high volumes of fuel. Some bunker cards can be accepted at other service stations but pump prices will apply and possibly surcharges.
Retail Fuel Card Services – Retail fuel cards offer an easy way to pay for fuel at pump prices over an extensive network of service stations (some fuel card services cover ALL outlets, even supermarkets). No saving on the nominal price of diesel or petrol but interest free credit can assist with cash flow; reduced admin/fraud lowers costs; increased fuel efficiency from better fleet management lowers expenditure and some schemes offer loyalty rewards.
Watch out for hidden charges when comparing fuel card services. These might include annual charges or set-up fees and deposits.
Fuel Card Services Quotes
Approved Fuel Cards provides a fast and free method for comparing leading Fuel Card Services suppliers based in the UK.
Just fill out our simple enquiry form to receive up to 4 no-obligation quotes for Fuel Card Services.
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