What are the best fuel card providers in 2024?

Many businesses decide to simplify their fuel expenses management by using the services of a fuel card provider. This helps rationalise processes by centralising expenses on one single monthly invoice and getting rid of related expense accounts. If some fuel cards come with discounts on advertised price per litre of fuel, the bigger chunk of savings for the business is generated by improved fuel expenses management.

Choosing the right provider of fuel cards in 2021 requires a review of company needs. It’s a wise thing to do to start with defining all tools and services which will be useful for the company. Different providers mean different cards, mean different benefits.

Most fuel card providers now offer 100% online services with an online account management platform and a mobile phone app which includes payment feature. These platforms also allow for simplified monitoring and management of fuel cards, but the precision of the monitoring and the number of available features may vary from one provider to another.

Benefits of fuel cards depend on included options: for some fleet managers, the possibility of paying for motorway tolls and secure parking with the card can greatly simplify expenses management and further reduce the number of receipts to collect and process.

Another key aspect to look at is to check the network coverage of UK fuel card providers in 2021: indeed, any card holder should be able to use the fuel card whenever and wherever needed. Given the success of the fuel card system, there are many different fuel card networks now.

There are two categories of fuel card issuers:

• Petroleum companies like BP, Shell or Esso,
• Independent specialised providers like DKV, or the Right Fuelcard Company now owned by Edenred, or Fuel Card Services or Fuelmate, some of which produce many different cards, which may or may not be used in filling stations operated by major UK supermarket chains.

In order to get fuel card quotes, interested professionals usually have to make a request online. But Companeo helps businesses find the right fuel card provider in 2021 by operating a service giving interested businesses access to multiple quotes from different suppliers in just one go, so that businesses can compare fuel card providers easily and make the right choice.

You may also read our fuel card comparison.