What is a fuel card?

How do fuel cards work?

Fuel cards work like any payment card: you fill up, then pay at the kiosk with a chip & pin-protected card. But rather than the money being debited from your account, you’re invoiced monthly. Cards can also be assigned to drivers or vehicles; whatever’s best for your business.

Who are fuel cards for?

Whether you operate a few vehicles or a fleet of thousands, fuel cards can drive real savings for your business. Not only do you get convenient access to cheaper fuel, but the advanced fleet management tools can help you improve operations and significantly reduce admin.

What are the main advantages of fuel cards?

The main advantage is cheaper fuel – up to 10p per litre less than the national average pump price. But it’s not the only one. You can also control costs by setting purchase limits, as well as track fuel by vehicle, date and location – helping you identify ways to improve fleet operations. Expenses are also centralised, and reports are HMRC-ready, so admin is greatly reduced.

Are there any disadvantages to fuel cards?

Overall, the disadvantages are negligible. But not every fuel card can be used at every station, and each card offers different benefits. So, choosing the right fuel card for your business is vital. Generally, the fuel cards with the best network coverage charge a little more for fuel, and some have minimum spends and annual service fees.

What else can I pay for with fuel cards?

It depends on which fuel card you choose. With some, you can only pay for diesel and petrol while others include HVO and EV charging. With certain cards, you can also pay for handy items such as AdBlue, vehicle maintenance, car washes, tolls, parking, roadside assistance and convenience store goods.