Read on to explore the best discount fuel cards for your business.
Best Discount Fuel Cards
Best Discount Fuel Cards in 2023: FAQs
Are there any disadvantages to using fuel cards in my business?
Fuel cards could be misused if not managed properly. Just like when debit cards and credit cards are used in business, there is the possibility that a card can be lost or stolen, or that an employee makes unauthorised, personal purchases.
Can I buy other items with a fuel card?
Most fuel cards can only be used to buy fuel. The employer who has distributed the fuel cards may place certain restrictions on the fuel card account such as spending limits and other restrictions.
Some fuel cards can be used to buy other products for your vehicle, such as oil or lubricants. However, you will not be able to buy food and other items at the same time as buying fuel.
You could use a combined business credit card and fuel card such as the Allstar Plus fuel card which does allow other expenses to be paid for in addition to fuel purchases. Up to 44 days interest-free credit can be obtained from this combined fuel card.
Are fuel cards worth it?
Fuel cards are valuable to your business when fuel purchases are required. You can limit the amount and type of purchases your employees make when using the card, and track all fuel purchases.
You can also analyse the transactions made if you are aiming to cut your costs and reduce your expenses. Using an online management portal can prevent employee theft and reduce the chance of fraud.
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