How to place an order for fuel cards?

The burden of fuel expenses and corporate vehicle fleets has become so heavy that more and more executives choose to use dedicated business fuel cards.

Buying fuel cards for your staff may not only bring you discount on pump prices, it will significantly improve the whole management of fuel procurement:

• by optimising fuel consumption,
• by rationalising processing operations,
• by closely monitoring fleet activity

These benefits convince more and more company managers, including small tradesmen, to order their fuel cards and distribute them to their staff.

Fuel card providers include:

• Petrol station networks,
• Business services company,
• Some supermarket chains (who actually source their fuel card business from the former),
• As well as some new fully online players who have understood how important this tool can be for businesses.

Placing orders of fuel cards is very simple: most providers make it possible to do it online and it takes just a few minutes.

The price of fuel cards is not very high, (it’s usually free, at least for the first year, and after that, it’s never more expensive than £24 per card per annum). But note that the total cost of fuel cards must include technical fees for the manufacturing and sending of cards, as well as commissions levied by the provider as a proportion of the VAT-exclusive total of every monthly fuel invoice.

Before making any order for fuel cards, interested users will therefore have to request quotes from the fuel card provider. Required information include the desired number of cards, types of vehicles concerned, commission rates and additional services subscribed.

In order to help executives and procurement managers find the best providers from which they can order fuel cards, Companeo provides a free-to-use service where fuel card quotes from previously screened providers can be obtained.