There are two main payment options for fuel cards- weekly fixed rate and pump related price. Both have their benefits, and it depends on your specific business needs as to which one is best for you.
To help you make an informed decision, we explain how they differ and the unique benefits they provide.
Pump price fuel cards
When you choose a pump price related fuel card, you are simply charged the price displayed on the pump. Depending on your fuel card provider or volume drawn you may be able to access discounts on the pump price, other providers may include a surcharge on the forecourt price.
This price may change from day to day depending on the market, and can also vary depending on where your drivers refuel – for example, service stations in rural areas tend to be more expensive. If you opt for a multi-brand fuel card, you may find differences in the pump prices between networks.
The main benefit of a pump price related fuel card for smaller fleets is the extensive network coverage, with more service stations accepting pump price related fuel cards, drivers have greater flexibility for refuelling quickly without any unnecessary detours.
Fuel cards giving pump related prices are suitable for all fleet and business types, so whatever your industry, vehicle or fuel type there will be a pump price fuel card to suit your needs.