Discover the most frequently asked Fuel Cards questions
How much do business fuel cards subscriptions cost?
Business fuel cards as a tool for managing professional expenses related to vehicle fleets are used by an ever-growing number of businesses, from tradesmen to SMEs and large organisations.
With the centralisation of expenses, the simplification of payments, the reclaiming of VAT, the precise monitoring of fuel consumption, there are so many benefits to fuel cards, as they simplify day-to-day operations of all company fleet managers, and of their accountants.
Every business fuel card issuer has its own membership conditions and price plans, but all have fuel card subscription plans.
Prices are more or less always the same:
- Most cards are free to use in the first year,
- Some then carry subscription fees for up to £24 per card, per month
If monthly subscription fees for fuel cards are inexpensive, there are other fees. The total cost of fuel cards included monthly fees, but also technical fees for issuing the cards and management fees, calculated as a percentage of total monthly fuel expenses.
Calculating the cost of fuel cards involves taking these elements into account, as well as the price of additional services possibly subscribed. Account managers willing to avoid mistakes or abuse can use the online management platform to ring-fence individual fuel cards to spending ceilings, restrict the card to the purchasing of certain fuel types, or to specific days of the week.
Fuel card subscription price is not the only element to consider when introducing such programmes in businesses. It’s also important to evaluate how much time and money will be saved thanks to these programmes, directly and indirectly, on a daily basis.
Start comparing the fees charges by several providers by submitting a request for business fuel card quotes now!