Finding the Right Diesel Credit Card for Your Business
For any fleet that goes through a good amount of diesel, considering a diesel credit card might be a good idea. By using a diesel credit card, you allow yourself and your drivers access to benefits that regular credit cards and cash do not offer. Regular credit cards are typically charged a higher price at the pump than diesel fuel cards. Plus, they rarely collect the level of transaction detail needed for trucking companies to appropriately manage expenses by power unit or complete IFTA tax reporting. Cash comes with additional safety risks and audit concerns, without the benefit of loyalty discounts.
What to Look For
Great diesel credit cards will separate themselves from the pack by offering tried and true merchant network with access nationwide to the types of amenities your truck drivers often need. Typically, these programs consist of discount structures negotiated through the diesel card company's relationship with individual merchants.
While not all diesel credit cards can be used solely on fuel and diesel related purchases, most will allow to you pick and choose what your fleet has access to- whether it’s just fueling, just repairs or just cash advances- or all three. If you only want to allow your drivers to fuel between 8 a.m. and 5 p.m. and call in any repair they might need, with the right diesel credit card, you should have no problem setting those parameters.
The best diesel credit card offers will also allow you to pick and choose how you receive their reporting information- whether it’s daily, weekly, monthly or yearly. You and your accounts receivable department can prioritize what is the most important information for your fleet and adjust your billing statements accordingly.
It’s also important to remember to find a diesel credit card that reflects you and your company's needs, size and capabilities. Obviously, a diesel credit card designed for giant fleets of over 1,000 trucks won’t reflect the same benefits as one designed for small to medium sized carriers.
Multi Service Fuel Card- the Best Value in the Market
Once you have determined your fleet’s needs when it comes to choosing a diesel credit card, it is time to look at the market. Multi Service Fuel Card specializes in small to medium sized carriers, with all of the benefit programs bells and whistles a discerning customer has come to expect within the diesel credit card market.
Our over-the-road diesel card was designed to benefit the small to medium sized carriers by offering consistent savings every month. We have over 8,000 and growing truck stops in our truck stop network, and that number is constantly growing.
It’s also important to remember that Multi Service Fuel Card programs provide free 24/7 customer service, free directories, card controls, online account access, management reporting and cash advances under $200.
Click here to learn more about Multi Service Fleet Fuel Card.
Click here to apply for a Multi Service Fleet Fuel Card today.