The very fact that you are reading this record today indicate that you are often considering how a Fuel Card can help your company or wish to know more by what alternatives you will find available to you.
It could be that you’ve applied a Fuel Card previously but are not doing this at this time, are considering one for the initial time or perhaps you have even one in place already…whatever your circumstances, for a Fuel Card to work efficiently it is important it is the best solution for YOU!
Factors to take into account when determining which item (and indeed which supplier) is most beneficial get much beyond the price tag on fuel itself…can the website system meet all of your operational requirements, is there any set up/card fees included, what fuel management & protection functions are you currently being offered, do the credit terms fit in with the bucks flow of your organization? – these are only some of the issues to question if you want to obtain the complete refuelling solution.
Having withstood just about every conceivable scenario that a transport manager or manager agent can ever come across when looking at the simplest way to purchase their diesel and petrol, I decided to write this record to be able to support the reader reduce through the potential minefield of possibilities and data available to them and select the right Fuel Card for his or her business from day one.
Fuel costs tend to be more usually than not, the very first thing that is raised when discussing the various Fuel Card options with a fresh probability therefore it seems like a logical place to start!
You can find numerous Fuel Card services and products offering the user a set, regular charge because of their diesel. Some of these goods are “commercial” bensinkort which provide predominantly diesel (although there is one solution which provides unleaded petrol) at wholesale costs often connected to the Platt’s pricing mechanism. These cards often present the most effective alternative for those looking to save lots of income off push rates, with savings periodically as large as five pence a litre in excessive instances but usually closer to 2 to 3 pence under the UK national average push price.
However, many providers have already been identified to provide artificially minimal costs in the first example to achieve fascination from their prospects and then little by little improve costs as time passes, often resulting in the consumer consistently paying costs more than pump cost! Among the crucial factors you should look out for when opening a commercial Fuel card account is always to request a price notification from your plumped for supplier.
This really is generally submitted improve possibly by mail, SMS text or fax, whatever is many convenient. Receiving a value notification lets you check the purchase price movement from week to week and also means you are able to compare it with national normal or personal pump prices at the programs you generally use to make certain you’re continuous for a aggressive rate. In case a Fuel Card supplier refuses or struggles to send you a cost notification, this would collection alarm alarms ringing, as it possibly indicates they’re reluctant to be up front about their pricing!!
In different instances, fuel might be offered at a national average rate based on the card suppliers system of sites. This could offer savings for many or lead to paying an increased charge for others, it will depend on what willing the pump costs are at the particular shops the conclusion individual pulls from. Once more, a cost notification in advance should really be requested to ensure you’re spending a fair rate.
Ultimately, there is several Fuel Cards that simply offer fuel pricing at the prevailing pump cost during the time of the transaction which needless to say indicates no savings are made but similarly notably, you’re perhaps not priced significantly more than pump value either!