Best fuel cards with the biggest discount?
Discussion in 'Motor Carrier Questions - The Inside Scoop' started by uncommon_belief, Dec 29, 2009.
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We've used TCH for nearly 20 years. Now TCH, EFS, WEX, and who knows who else have all "merged." We got a notice that beginning in Sept 2016 we will be charged a $55.99 "Monthly Account Maintenance Fee" in addition to the individual transaction fees.
I called and spoke with some arrogant young kid who went on a 10 minute sales pitch about all the platforms being merged and how all the new value added programs would help our fleet managers to micro manage our fuel purchases and save us tons of money, after I told him we only had 3 trucks.
I tried again to explain we don't have personnel sitting around playing on their computers and telling drivers where to fuel in order to justify their existence, we run schedules on the same routes and fuel at the same stops and buy our fuel at prices negotiated between me and the vendor. I don't need all the extra crap, I just need a card to pay for fuel, a notification of the amount drafted from our account every day, and quarterly transaction reports for fuel taxes.
The moron launched into his sales pitch again and told me we'd be getting much more value for the additional $55.99 per month and that we'd love it.
Any ideas out there on a simple, cheap fuel card with no monthly fees and low (or no) transaction fees where an American will answer a phone 24/7 if needed and the capability to view transactions online?nofilter and Steel Dragon Thank this. -
nofilter Thanks this.
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I have 3 Chevron/Texaco cards is use, Regular, Business, and Universal(visa), I run locally so I usually fuel in the same places.
First I get the cash price which is usually .08 to .10 less. Second I get an additional .10 at the end of the cycling period.
Then what usually happens when I use the same card in regular basis, I will get an email or call from a different card(like the universal, still chevron) and they tell me that they will give me an additional .10 per gallon if I start using the card for the next 3 months.
All in all I switch cards every time the other notifies me to get that additional .10 a gallon to come back, I'm actually saving anywhere from .25 to .30 a gallon from the pump price.
I pay the card every month in full with NO annual dues. But if your late, they rape you pretty good with interest and law fees. -
I get six percent below cash price with Fleet one. I also get 10 cents refunded from certain companies. There is the $25 charge for not using it which was a shock but I will be using it more. They also have checks for lumpers and the such.
nofilter Thanks this. -
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I would calculate it over a 12 month period. 1.5% @ 52 weeks would be a annual % rate of 78% However, as was being pointed out you have to pay it off weekly so it is more like sales tax. Ever stop to figure out how much the government gets on that?
nofilter Thanks this. -
I was buying fuel through a major supplier/vendor using there credit card to opt for the discounts. Along came cardlock company and said, we are a major cardlock (CFN) and will beat what your paying with the supplier card (Chevron). He kept calling and calling so I gave in. Well guess what, besides not knowing what the fuel price that day at there cardlock facilities are, when I received the email the next day what the price was, it was $ 0.30 more per gallon than my previous supplier.
nofilter Thanks this. -
NASTC. Still the best discount I've seen.
nofilter Thanks this.
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