How much does a Fleet Card cost?
Account Setup: $40 per Account = $3.33 per month for the first year. Monthly Card: $2 per card per month (25 cards) = $50.00 per month. Transaction: $2 per transaction (100 transactions) = $200.00 per month. Invoice: $3 per invoice (2 invoices per month) = $6.00 per month.
What can a Fleet Card be used for?
Fleet cards can be used for maintenance at accepting locations, and certain product types in convenience stores, but most fleet cards’ primary use is for fuel. Unlike corporate credit cards, which can be used on a broad range of expenses, fleet cards are usually only used for vehicle expenses.
What is the easiest Fleet Card to get?
the WEX FlexCard
While WEX offers over 70+ different fleet cards, the simplest is the WEX FlexCard*. With a $0.03 per gallon rebate and no annual fee or setup fee, this card is an appealing option.
What is a visa Fleet Card?
Visa Fleet simplifies the control of fuel and maintenance costs of your fleet units. This card provides a payment solution to manage all expenses generated by your vehicle fleet operation, including fuel, maintenance, and repairs. Visa Fleet provides your drivers with a secure, accessible payment method.
Is it worth getting a fleet card?
Fleet fuel cards can be an excellent tool to help business owners save on gas, manage employee purchases and track vehicle fuel and maintenance. Businesses with two or more vehicles that buy at least 1,000 gallons of gas a month may want to consider a fleet card, says Tarver.
Is a fleet card a credit card?
A fleet card is a credit card businesses use for fuel purchases for their corporate vehicles as well as to pay for vehicle repairs and maintenance. A business will typically issue fleet cards to their vehicle drivers. This allows drivers to easily purchase fuel and other transportation supplies.
Should I get a fleet card?
Is fleet card a credit card?
PETRON FLEET CARD FEATURES. The Driver Card operates like a regular credit card. The name of the cardholder is embossed on the face of the card. The limits are linked to the individual and the cardholder can bring any vehicle.
How do you accept fleet cards?
Merchants can either electronically accept the WEX Fleet card or call in the transactions to 866-WEX-4GSA (866-939-4472) to receive a MasterCard number.
Do truckers get a discount on gas?
Fuel cards typically give carriers a discounted rate for fuel, allowing them to purchase it for under the cash price. Beyond just fuel, company owners can provide their drivers with fleet cards to better manage spending on business expenses.
Which fuel card is best for truck drivers?
The Best Fuel Cards for Truckers.
How do you get approved for a fleet card?
Fleet cards are fairly easy to get. Most require only a minimum of fair credit (640 credit score). And fleet cards tend to offer business owners discounts and cash back rewards on repair, maintenance and equipment purchases, in addition to gas.
Is a fuel card worth it?
Company fuel cards can reduce the costs of filling up your business car(s), especially as most of them only work at discounted fuel stations. Fuel cards also take away the time and money spent on administration/accounting needed for a pay and reclaim system.
How long does it take to get a fleet card?
If I sign up today, how long will it take to get my Shell Fleet Card? Account holders typically receive their cards within 7–10 days. Cards can also be shipped via overnight delivery at the customer’s request and expense.
Do gas cards build your credit?
Gas cards can help build your credit score. Retail cards, like gas cards, typically approve consumers with lower credit scores and report to the credit bureaus so that cardholders who pay as agreed can build a positive credit history.
Can I get a fuel card for personal use?
Unfortunately, fuel cards are not suitable for personal use; this is because to complete the application process, a fuel card needs to be registered against a company.
How does a fuel card work?
Fuel Cards. Fuel cards work by allowing company individuals to fill up at petrol stations within our network. Instead of paying with cash or credit/debit cards, the company employee simply presents the card to the cashier. The company is billed directly and the employee can collect a receipt as proof of purchase.