Using a fuel card is an intelligent and sophisticated way for a business to save money. Fuel cards are valuable to a wide array of businesses. The main reason for using them is that they help save and preserve cash when filling up your cars. Fuel cost is one of the most expensive items in a business' budget if they have a large group of cars in their company line.
Fuel cards allow you to pay off the costs of fuel in small, monthly amounts, thus saving you the up-front costs associated with regular fuel fillings. In our current economy, fuel costs are higher than ever, and they look like they will continue to rise on a regular basis. These steady increases in fuel prices make using these cars an essential decision for all companies that have an extensive line of motor vehicles in use. Since we have no control over the bad economy, we can at least be comforted that we can exercise control over our fuel costs by using these wonderful cards.
Some businesses can even write off the cost of fuel by giving their accountant receipts that prove a certain amount of fuel was used over a given period of time. This can help a company out dramatically when tax time comes. There are many different fuel stations that allow a business to use these cards. You don't have to stick to one station if you're unhappy with the performance that the fuel gives your vehicle. You can also use your cards to purchase any grade of fuel you wish that's compatible with your vehicle's needs. It's wisest to use the least expensive fuel that your car can usefully utilize without any knocking problems caused by the wrong octane requirements.
Another thing you can use your cards for is to buy items other than fuel when you're at the station. Many stations sell food and household products such as soap, tissues and razor blades. The station will allow you to put the entire costs of these items on your card. If you can justify and validate that these items were needed for you in the context of your daily business activities, then it's another excellent way to preserve cash. The main purpose of these cards is to allow a business man or business traveller to hold onto as much cash as he possibly can. Many cards are handed out to businessmen to be used as part of their expense accounts so they don't have to front cash out of their own pockets.