Fleet cards are necessary if you happen to have a business with two or more vehicles

Business owners use Fleet cards for payment of fuels or maintenance of a vehicle. The business usually provides these cards to personal operating vehicles. The employees of the business usually use these cards for buying fuel and for other related vehicle purposes such as repair and maintenance.

Fleet cards are uniquely shaped for the use of transportation. Unlike a credit card, the fleet cards are used for authorized purchased such as travel. These fleet cards are usually used for vehicle-related causes. Fleet cards or fleet fuel cards are usually used by businesses to maintain fleet related expenses. For two or more vehicles in a business getting a fleet card is a good idea and if the vehicles used inbetween 1,000 to 5,000 gallons per month then using a fleet card is necessary as it cut down on the fuel charges.

Speedway fleet cards are specially designed for a company that has two or more vehicles.

How a fleet card is used

When a particular company issue a fleet fuel card they can be distributed to the drivers. The employee charges the vehicle expenses to the fleet card, and the business pays the outstanding balance. Business owner usually set card spend limits and purchase restriction so that the drivers don’t overuse the cards.

The fleet cards usually offer“in network” gas station and protection facilities that the owner can choose from. A mobile app is provided by the fleet companies to drivers to help them to locate the nearest gas stations around town

Who can avail a fleet card?

Anyone looking to manage their fleet expenses can opt for a fleet card. There are many options to choose from, and the driver can also use a prepaid business card. A fleet credit card is perfect for anyone looking to deal with their fleet expenses. The best person to avail a fleet card is someone who has two or more company vehicles.

Fleet cards are right for

Business with commercial vehicles:

Fleet cards are really helpful for small businesses that use commercial vehicles. These companies fall into in category is construction companies, delivery, and transport companies

Other small companies:

Fleet cards are extremely helpful for small companies as they help to separate the fleet expenses from the other expenses

Truck companies:

The truck use fleet cards regardless of their fleet size.

Cost of fleet cards

The main cost of the fleet cards is cards fees, interest rate, and late fees. Each of the fleet cards generally carries a cost of between $0 and $10. There are certain costs in maintaining a fleet card. Here you need to ensure that you have information about all the details so that you can make an informed choice.

Fleet cards usually are used as credit cards and charge cards in which the repayment terms can be changed drastically. Therefore, to get a fleet card is necessary to cut cost especially huge fleet amount.