As times keep changing, it is no surprise that expenses from all over the world are rising. New laws and challenging times mean businesses face new hardships, which, in turn, end up eating up their profit margins at the end of the year. For this reason, business owners must keep looking for ways to save money and time. One way to guarantee this is to purchase a fuel card. Read on to find out what is a fuel card and why you need it for your business.
What is it?
If you have never seen a fuel card, then simply imagine a card similar in looks and size to a credit card – it also works similarly. This card allows drivers to charge the fuel cost to an account which is settled, usually monthly in arrears, by their employer.
However, unlike a credit card, interest is not applied to purchases. Please be aware that on some occasions, you may be charged an annual fee, depending on who the card is with. Fuel cards are increasingly chip and PIN protected and can be embellished to specific company requirements.
At the point of purchase, the transaction is carried out like with any card. The vehicle registration number and mileage are recorded.
The fuel card invoice organisations receive will include the date, time and place of purchase, the fuel type and transaction value. The fuel card report benefits businesses in various ways, reducing administration time and costs. In addition to the detailed invoice, most fuel card suppliers can provide further management reporting.
Shell Fuel Cards
Companies like Fleetmaxx solutions have partnered with fantastic companies, including Shell. Many of you will know Shell for being one of the most prominent players in the fuel industry, and their fuel cards are no different. We can exclusively offer our customers the choice of three other fuel cards from the Shell organisation. We provide the following fuel cards:
These are all fantastic fuel card options for you and your business and genuinely cover every need your operation has.
Esso Fuel Cards
As previously mentioned, there are plenty of top brands out there that have imprinted their name on fuel cards in a bid to build trust and loyalty with their target market. Esso is one of these companies; Esso is a fantastic top brand that offers two exceptional fuel card solutions.
- Esso Maxx Fuel Card – This card helps save up to 10p per litre on diesel and is perfect for sole traders.
- Esso Fleet Fuel Card – This card is perfect for nationwide fleets with more considerable mileage.
Esso fuel cards have many benefits, including a portfolio offering high-quality fuel at reasonable prices. This card is known to be one of the most convenient on the market, as it will give you access to over 3,400 pump stations across the UK. Using the Esso fuel cards gives your driver access to Shell and BP service stations, some of which are 24-hour stations, therefore permitting them to have a comfortable break. Again, another excellent option for business fuel cards in 2023.
MINA CHARGEPASS®
The world is changing, and transport is evolving with it. Companies from all over are choosing to do there for the environment and making the switch from petrol and diesel-powered vehicles to electric vehicles. Therefore, businesses must be innovative and think outside the box to save their customer's money. Thus, solutions such as MaxxEV were created, which offer a range of products to help businesses make the switch hassle-free.
Although nearly all-electric vehicles can be charged at home these days, there are numerous circumstances where this option may only be available, such as being on the road constantly – If this is an issue that you have, then the Mina Chargepass® electric vehicle fuel card is the ideal solution for you.
Do Your Research
We hope this article has helped you understand what a fuel card is and why it is crucial for your business to have one. The best piece of advice we can offer you is to do your research and understand what your needs are from the business then, have a look around and see which one best suits you.
Contact Fleetmaxx to find out more Here.