The crucial fleet card selection mistakes you must avoid

Today, the fleet and fuel cards are becoming very popular. It is partly because of the benefits they bring concerning apt fuel consumption and attractive discounts. It has made many companies eager to opt-in for the best fuel and fleet cards. It is where the real challenge starts.

Today, there are plenty of card options to select from. Leading companies woo in customers with both membership and mileage benefits. There are exciting rewards to win, as well. To know more, you can check out Superfleet Mastercard Fuel card.

However, before you make a selection, you need to exercise some caution. Often people make the wrong selection in a hurry! Here are some of the common mistakes that you should try and avoid.

1.      Say no to a fleet card program that’s expensive

The biggest fleet and fuel card service providers come with various advantages, from fuel networks and partnerships. And these card programs tend to be costly. Also, other fuel cards do charge a high price and expensive membership fees but provide general services. Hence, before you sign up for a card, ensure that the cost is within your budget. Also, ensure that the price justifies the services provided.

2.      Never arrive at a snap decision

Google is always popping up with various service providers and brands! The same applies to fleet and fuel cards. Sometimes, there are trucking companies that opt-in for the fuel and fleet card programs they see first in Google search, without doing any research. Such a snap decision might cost you dearly. Hence, it is always better to research a service provider and compare the discount programs, repayment terms, pricing, and the like. That will help you arrive at an informed decision.

3.      When you get caught up with a restricted fuel network

Do you want a fleet or a fuel card that offers maximum flexibility on the rides? If yes, then you need to choose well. When you select a fuel and fleet card that comes with a regional network and partners with just a single fuel retailer, you automatically restrict your diesel savings.

4.      When you choose a card without a credit line

When your fuel card offers you a weekly credit line, it can keep the trucks running. Additionally, it can also address any unexpected costs that the driver incurs on the road. Furthermore, the fuel card credit line can also create a cash-flow when the shipper demand is less.

5.      When you overlook the other advantages apart from fuel savings

It is true that getting attractive discounts on fuel is one of the best fleet and fuel card benefits! But that’s not the only thing you should be concentrating on. As you research and study more on the fuel card programs, it is essential that you can also ensure that your company starts saving on costs such as tires, maintenance, tax reporting as well as document scanning. When you find a fleet and fuel card that provides all these benefits, you can opt-in for the same.

When you select a fuel card program in a hurry, you overlook the salient points! Hence, it's essential to take time and research more about a fleet and fuel card benefits to make the correct selection.

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Created on Jun 7th 2019 06:22. Viewed 485 times.

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