Sunday, November 30, 2008

How to Choose Your First Prepaid Fuel Cards

prepaid fuel cards

Have you decided to buy your first prepaid fuel cards?
What criteria of the cards that would make you to choose it?

There are a lot of criteria to be considered when come to choosing your prepaid fuel cards. Let’s look at it today.

First of all, choose a fuel station that provides prepaid fuel cards for their customers. Usually this type of fuel station will keep your purchase record and will offer you supply protection if shortages occur based on previous usages.

1. If you were a fleet owner what benefits that you look for?
At least they could provide the following:

. Details of fueling report
. Specific information (on the card) such as fuel type, obligatory mileage, tank capacity, number of fueling per day or allocated dollars per month.

2. Make sure you could save some money with the card; the card should be easily available for purchasing and easy to use. Card provider should also provide a fast, friendly, efficient and accurate service.

Check whether you have to pay any fees or charges, such as membership fee and how much they charge for a replacement cards.

3. Any option to lock at low price when market changing? This method allows you to deposit your money at a posted price and keeping that price as markets change. Some card provider will offer you this option – you’ll have a chance to save a lot of money.

4. Check whether you could buy your fuel in advance and is there any minimum or maximum purchase amounts are required?

5. Convenience matter shouldn’t be compromised too. Check their operation time/day/year and their fuelling locations.

6. Security
What they offered for security of your prepaid fuel cards? At least they should have the following:

· Only PIN and card can activate a withdrawal of fuel
· Monitor daily transaction print out (this could detect any pilferage attempts)
· Lost or stolen cards and codes can be locked out at your request.

7. Offer on line report – easily to access your transaction record and any other activity to your account.

8. Can you check your account balance at the pumps? - Another features that they should offer.

Lastly, make sure you read and understand the content of your first prepaid fuel cards agreement which you have to agree and sign.


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