Fleet cards (also called fuel cards) can earn businesses 2 to 12 cents back on every gallon of gas. These cards are best for companies with several vehicles and lots of people who fill up fuel tanks.
Traditional fuel cards, like WEX, Fuelman and Shell, offer volume-based discounts. The more gallons you buy each month, the more you save. Others, like Coast and AtoB, may pair flat-rate fuel discounts with a set rebate based on where you fill up.
Fleet cards also have tools to keep fraud and misuse in check. Most let you track employee spending, manage receipts and control purchases down to when, where and on what each individual card is used for.
🤓Nerdy Tip
Most fleet cards are only available to registered businesses. Sole proprietors and independent contractors should consider a business gas card to maximize fuel rewards.
What are fleet cards?
Fleet cards are a type of business credit card designed for fuel and other vehicle expenses. Business owners can issue these credit cards to their employees, who use them to fill up their gas tanks. Owners can track and manage spending across the fleet using cards’ built-in expense management platforms.
Fleet cards are also called fuel cards. Most are business charge cards that you have to pay in full each billing cycle. But some, like the WEX Fleet FlexCard and the Shell Small Business Card, let you carry a balance.
You can apply for most fleet cards using just your EIN. They typically don’t require a credit check or personal guarantee.
How do fleet cards work?
Fleet cards generally work like business charge cards:
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Your team can use the card to fill up at the gas pump.
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The card issuer sends you a statement with all outstanding charges.
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You pay down that entire balance by its due date.
Business owners and fleet managers can track and manage this spending. Most programs allow administrators to set limits by individual card and generate accounting and expense reports. Some fleet fuel cards also offer telemetrics tools that let you see the location, and even the fuel level, of each vehicle in your fleet in real time.
Some fuel cards can only be used on gas or diesel at specific chains of gas stations. Others support related expenses, like maintenance, car washes, tolls and tires.
Fleet cards also offer per-gallon rebates on fuel purchases. The discount generally ranges from 2 to 8 cents off per gallon, depending on the card.
Where can you use a fleet card?
Fleet card usage depends on the card’s issuer and partner network. Here are some examples:
Shell, Exxon, Circle K Fleet Card
Only at that brand’s gas stations.
Fleet cards that run on a major issuer network
Any gas station where their partner network, Visa or Mastercard, is accepted.
Widely accepted fleet cards
WEX, Fuelman, Circle K Universal Card
Tens of thousands of gas stations, depending on the card issuer’s partnerships.
Fleet fuel cards: benefits and drawbacks
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Expense tracking and management tools.
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Easily issue, deactivate or reassign employee cards.
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Many are available with no personal guarantee or credit check.
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Discounts are typically limited to certain chains and even certain states or regions.
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Charge cards require payment in full each billing period.
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Purchases and discounts are typically limited to fuel purchases.
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Often are not available to sole proprietors or other unincorporated businesses.
Who can get a fleet card?
In general, you’ll need to operate a registered business with several vehicles to qualify for a fleet card. Expect to provide your EIN and information about business revenue, including several months of bank statements.
Beyond that, eligibility requirements vary. For instance, AtoB does not do a personal credit check. Other card providers may.
Who should use a fleet card program?
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Your business operates five or more vehicles. A fleet card can be a great tool to save money and manage expenses across your company.
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Employees are often on the road. If your team members usually fill up their own vehicles, a fleet card can save you the trouble of dealing with reimbursements.
If either of those doesn’t describe your company, there may be better options for you.
Fuel cards vs. business gas credit cards
If you operate a smaller business or mostly fill up your own tank, consider a cash-back business credit card with rewards on gas instead of a fleet card.
In general, credit cards can offer a higher reward rate — up to 3% back on gas depending on which card you have. You can issue these cards to your employees. But the reporting and spending control features typically aren’t as robust.
Also, most business credit cards let you carry a balance from month to month and are available to sole proprietors and unincorporated businesses. But they do require a credit check and personal guarantee.
Fuel cards vs. corporate cards
Like fuel cards, corporate cards let you monitor and control employee spending from a central dashboard. You’ll generally have to pay down your balance in full by the statement due date, which may be as often as daily.
The primary difference: You can use corporate cards for virtually any expense, from travel to restaurants to office supplies.
Some corporate cards can be used essentially as fleet cards. Ramp, for instance, markets its corporate card as a fleet card option. That card offers at least 1% cash back on all spending, plus sophisticated built-in spend management tools.
Best options for fleet cards
These are our top picks for fuel and fleet card programs.
Fees: For AtoB Flex, $15 per month for up to 5 cards plus $3 for each additional card. For AtoB Unlimited, $3 per active card for month.
Rewards: Up to 12 cents per gallon at gas stations.
Gas station network: Anywhere that Mastercard is accepted.
Pros
Potential for high fuel discount.
Cash back on select services when you use the AtoB app.
Can be used anywhere Mastercard is accepted.
Cons
Need to use app to find discounts.
Balance must be paid in full every month.
Rewards rate
1¢-10¢
Fuel rebate of 4¢-10¢ per gallon at 30,000+ partner stations nationwide and 1¢ non-partner stations. Earn 1% back on non-fuel purchases.
Fees: $4 per user per month.
Rewards: Up to 9 cents per gallon at gas stations and up to 29 cents per gallon on diesel. 1% cash back on all other spending.
Gas station network: Anywhere Visa is accepted.
Pros
Automatically captures number of gallons, grade, and receipts.
Cash back on nonfuel purchases (unless restricted to fuel only).
Cons
$35 fee for returned or late payments.
Balance must be paid in full every month.
Fees: $2 per card per month for the WEX Fleet FlexCard.
Rewards: 3 to 15 cents per gallon.
Gas station network: WEX has its own network, which includes 45,000 stations nationwide.
Pros
Fuel discounts at more than 45,000 gas stations in the WEX network.
Promotional discount of 3 cents per gallon for the first 6 months.
No account setup fees or monthly card fees.
Can carry a balance (interest charges apply).
Cons
Can only be used at stations in the WEX network.
High fees for late and returned payments.
No rewards on nonfuel purchases.
Fees: $39 per month for the Basic package..
Rewards: 8 cents per gallon, plus one point per gallon that you can redeem for other rewards.
Gas station network: Fuelman has its own network, which includes 40,000 stations nationwide.
Pros
Promotional discount of 8 cents per gallon for the first 12 months.
Fuel discounts offered at 40,000+ gas stations in the Fuelman network.
Earn points that can be redeemed for travel, gift cards, etc.
Cons
$3 fee for using card at a station outside the Fuelman network.
High fees for late and returned payments.
Monthly fee of $39 to $99, depending on plan.
Balance must be paid in full every month.
Shell Small Business Card
Rewards: Up to 6 cents per gallon.
Gas station network: Shell.
Pros
Volume-based fuel discount of up to 6 cents per gallon.
Can carry a balance (interest charges apply).
Cons
Top rebate requires purchase of more than 10,000 gallons per month.
Use limited to Shell stations and participating Jiffy Lube locations.
