Fuel cost is a pressing issue for businesses; fuel consumption is definitely one of your main concerns and possibly your main expense. With fuel prices consistently high managers have found it necessary to find an alternative that will help conserve fuel. A fuel card can save you money as well as offering a variety of different features.

There are many different types of fuel cards available today. Whilst some function like credit cards, others are more business focused and will be usable in certain locations or for a certain limit. Acquiring a fuel card could not only save your money, but will also help you streamline your administration and enable you to budget. All you need to do is apply for your fuel card online and then wait for it to be delivered to you. You may think “well I could just have a credit card or debit card” and yes these are both good but criminals also love them because they can typically carry bank details. But fuel cards are very different – and significantly safer.

Card-cloning is the real problem and fraudsters are coming up with new techniques to obtain your details all the time. To protect your fuel budgets and your bank accounts, the simple answer is: get a fuel card! There are a multitude of reasons why a fuel card would be safer and a better choice for your business:

• Fuelcards DO NOT carry any banking details – so they’re are an unattractive target for criminals.
• Fuel cards are on a ‘closed’ network for security and are therefore protected from many forms of fraud.
• By definition, the use of fuelcards is solely for the purchase of fuel at a specific sites so fraudsters cannot use them for other purchases or for withdrawing cash.
• Fuelcards can also help prevent misuse of cards for illegal fuel purchases. You can be automatically informed if fuel is drawn over a pre-set limit or outside a specific timeframe.
• Insurance is available from some major fuel card operators providing cover against card misuse.

On top of the safety benefits, you have the additional features of monthly reports and itemised VAT friendly feedback as well as the potential fuel savings costs.

If you still rely on a pay-and-reclaim system for fuel expenses you’re unnecessarily leaving your employees at some risk of becoming victims of fraud. Further to that, instead of saving on fuel and administration costs, your company is also vulnerable.

If you need help then contact Cambrian Fuel-card services, they are the experts in fuel cards, petrol cards and diesel cards.