Are you seeking to safeguard your business’s financial stability? A fleet fuel card can help.These cards come with various benefits such as fuel savings, rebates, and spending tracking capabilities. While numerous fleet cards offer appealing features, it’s crucial to determine which one aligns best with your company’s needs. These fleet fuel cards serve as an excellent starting point, enabling you to enhance your profit margin effectively.
Quicklook: Best fleet fuel cards with discounts
- Best for rewards: Fuelman Fleet Cards
- Best for large fleets: BP Fleet Fuel Cards
- Best for national networks: WEX Fleet Fuel Cards
- Best for cutting fuel costs and eliminating fraud: AtoB Fuel Cards
- Best for small businesses: 76 Universal Fuel Cards
5 best fleet fuel cards with discounts
Fleet managers can choose from several cards. These five best fleet fuel cards offer an appealing mix of rewards, fleet size requirements, minimal fees and availability.
Fuelman Fleet Cards
The Fuelman Fleet Card allows you to choose what you pay for different packages, which offer some of the most generous fuel rebates in the industry. You can use the Maintenance Manager feature to monitor and approve maintenance payments from your Fuelman account.
Best for: Rewards
- Package flexibility
- Deepest rebates in the industry
- Credit option available
- Rebates of up to 10 cents per gallon
- Carbon-neutral, environmentally friendly options
- Available to use at any gas station
Disadvantages: Coverage gaps in some states outside of the Midwest
Pricing: $59 a month for all the fuel cards your business
BP Fleet Fuel Cards
The BP Fleet Fuel Card is tailored to offer substantial savings for large fleets. By ensuring your business purchases a minimum of 5,000 gallons of fuel each month, you can enjoy waived monthly fees. Moreover, BP provides an attractive 15-cent per gallon rebate during the initial three months of card usage. Additionally, BP offers a widely accepted Business Solutions MasterCard that can be utilized across various fuel stations, further enhancing convenience and acceptance.
Best for: Large fleets
- MasterCard option for fuel and maintenance coverage
- Card prompts to help prevent misuse
- Create and organize reports
- Security and fraud controls
- Excellent coverage in the eastern U.S.
- Over double fuel rebates during the first three months
- Higher fees for smaller fleets
- 14 U.S. states do not have BP or Amoco stations
- A $2 fee is charged for using non-BP and non-Amoco stations
- No driver location app is available
Pricing: No fees for fleets using 5,000+ gallons of fuel per month
WEX Fleet Fuel Cards
Concerned about the possibility of the nearby gas station not being part of your fleet card’s network? It’s a valid concern for any fleet card holder, but WEX Fleet Fuel Cards effectively mitigate this risk. With an impressive 95% coverage rate, the WEX Fleet Fuel Card is widely recognized and favored among cardholders. WEX goes the extra mile by providing comprehensive spending reports and a user-friendly app that includes a station locator and convenient mobile payment options. Whether you have a large fleet or a small business, WEX offers a range of card options to cater to your specific needs.
Best for: National networks
- Mobile payments through DriverDash
- Fuel spending reports generated by ClearView
- Employee spending controls
- Automatic fuel expense tracking
- 160,000+ fuel stations
- 45,000+ service stations
- Helpful driver app
- Specialized cards for various fleet sizes
- Ease of payment
- Unlisted fees for some services
- Low rebates
- User complaints of wrongfully charged late fees
AtoB Fuel Cards
AtoB Fuel Cards are extremely popular because of the savings they provide through security, station selection tools, and other software. AtoB customers save on average 43¢ per gallon between their discounts, security savings, and savings from their Optimal Station Selection tool. This card is also accepted anywhere, and the dashboard allows you to set spending limits, track live usage and generate reports to manage your expenses.
Best for: Cutting fuel costs and eliminating fraud
- No out-of-network stations
- Get discounts on repairs at Pep Boys, tires at Discount Tire and more through AtoB Perk
- Spend on more than just fuel — oil changes, tolls, lodging and more
- Net seven-day payment terms
- Telematics integration to validate every purchase in real time
- Secure Card Unlock through the AtoB Driver App to ensure cards are only used by authorized drivers
- Optimal Station Selection to enforce drivers to fuel at the most affordable stations
- Allows small businesses to build credit
Disadvantages: Must pay balance within seven days
Pricing: $3/month per active card
76 Universal Fuel Cards
The 76 Universal Fuel Cards provide extensive acceptance and a host of advantageous features, including user-friendly technology, rewards, and benefits. Furthermore, 76 Universal simplifies expense management by consolidating all fuel-related expenses, eliminating the need to collect employee fuel receipts manually. Additionally, the convenience of the accompanying app allows for swift cancellation of lost or stolen cards, minimizing the risk of unauthorized usage. Alongside the 76 Universal Fuel Cards, there are also alternative fuel card options available to suit varying business needs.
Best for: Small businesses
- Look up driver IDs
- Make payments
- Spot potential misuse
- Automatic fuel account and expense tracking
- Save up to seven cents per gallon
- Accepted at any major gas station
- More security and control than cash or credit cards
- 24/7 U.S.-based customer service
- Limited online resources
- Managed by WEX
- Rebates only available from a small network of stations
Pricing: No setup, annual, or card fees
How do fleet fuel card discounts work?
Fleet fuel cards enable trucking businesses to effectively decrease expenses related to fuel and maintenance through a network of affiliated merchants and fuel stations. By leveraging these cards, you can save money on various trucking expenditures while also maintaining detailed visibility into how your funds are allocated. Additionally, fleet fuel cards offer you the ability to exercise control over how drivers utilize the cards, ensuring they are not used for personal expenses and preventing excessive spending that exceeds the intended limits for truck-related costs.
How to choose a fleet fuel card with discounts
Choosing a fleet fuel card with discounts can be daunting, as there are many options. Before you decide on a fleet fuel card, it is essential to identify the features that hold the greatest importance for your business. While many fleet fuel cards offer numerous perks, a long list of benefits can sometimes divert attention from the key features that truly matter for your company. To navigate this process effectively, here are some guidelines to help you begin your search and select the optimal fleet fuel card that aligns with your business requirements.
Doing a bit of research and asking good questions can help you choose the best fleet fuel card. Calculate the savings offered and ask the card issuer some questions. For instance, how many cents can you earn in rebates for each gallon of fuel your drivers buy with the card?
How else can the fuel card program help you save more money? By understanding the total benefit of each card, you can choose the best fleet fuel card for your business. Trucking companies operate on narrow margins, and any savings would be helpful.
A fuel card with great savings but limited coverage may not make sense for you. You’ll want to know how many gas stations accept this card and where they are located. If most of their locations are on an interstate highway your truck drivers don’t use for travel, that card is not the best fit for your company.
Coverage is important because if you are forced to stop at fuel stations or maintenance shops that are not covered by your card, you will pay a premium cost and miss out on the discount opportunities offered by your fleet card.
Benefits and rewards
A fuel card’s benefits don’t stop at rebates and saving money at the pump. Here are some of the benefits and rewards to look for when considering a fleet fuel card.
- Tracking fuel expenses
- Security measures that prevent misuse
- Controls on spending
- Creates reports for you
- The ability to access information from a mobile phone
The ability to choose packages and how you pay for fuel can be a beneficial feature. Greater flexibility allows you to choose a package that fits your specific business needs. If you manage a large fleet, coverage and top-tier volume discounts may be most important to you. However, if you manage a small fleet, then maximum savings and low fees may be more important to you.
Consistent fuel pricing
Fuel cards offer savings at the pump, which allows you to get better discounted rates on fuel and additional discounts that can help you save even more on fuel. By getting the best discounts, you can keep your fuel costs consistent and less susceptible to fluctuations in the fuel market. Diesel fuel prices rose 55% from January to June 2022, demonstrating the significant price fluctuations of fuel. Having some protection from price swings and built-in discounts can make your budgeting more predictable.
Expand your profit margin with a fleet fuel card
A fleet fuel card lowers costs and helps you monitor expenses. It’s easier to stay on top of your fleet and protect the bottom line. You shouldn’t go with the first fleet fuel card you find. It’s good to compare options and determine what you need in a fleet card.
The AtoB Fuel Card has no fees and competitive discounts that can help you save up to 10 cents per gallon. Most cards offer a five- to 10-cent savings per gallon, but it’s important to consider other features and how you will use the card to determine which one has the best discounts for you.
Most cards let you save five- to 10-cents per gallon of gas. Those savings can quickly add up. Maintenance savings also play a role and vary for each fuel card issuer.
The 76 Universal Fuel Card is a great choice for small-business owners, but you should consider your needs and compare features across multiple cards.
Sign up for a FreightWaves e-newsletter to stay informed of all news and trends impacting supply chain careers and operations.