It can be hard to tell all the different fuel cards apart without doing some serious research, but the Asda fuel card is quite different to other offerings. It is not a dedicated fuel card which can only be used to purchase fuel and other vehicle-related products and services at participating services. Rather it is a credit card which can be used for all sorts of purchases, including fuel. While this has many benefits, there are a few downsides which you should bear in mind when considering this fuel card for your business.
Why Choose an Asda fuel card?
The Asda credit card, while not a traditional fuel card, offers great discounts on fuel at the point of purchase. In fact, the Asda credit card provides 2p discounts on every litre, which is an excellent rate of discount that is rivalled by few fuel card service providers. In addition, you do not have to pay the extra card fees and similar that some other fuel card providers charge. For small or one-man businesses, the ability to use the Asda fuel card for other business or even personal expenses can be a great benefit. While traditional fuel cards offer more scope for consolidating excess administration and bureaucracy through the use of online accounts and invoices, this is not particularly necessary for smaller businesses that don’t not suffer from excessive bureaucracy. This is especially useful for one-man businesses that do not have the same fleet capacity as larger enterprises but would still greatly benefit from the discounted fuel prices offered by fuel card services.
The downsides of fuel card services from Asda
Asda fuel card have a few downsides of which you should be aware.
- As with all credit cards, the interest on your Asda fuel card can be very high if you do not pay the card off each month.
- The benefits you gain are only applicable when you buy fuel from Asda service stations, so if you do large amounts of driving where these service stations are not conveniently located, you will not get as much of a saving.
- Many other fleet fuel cards can be tied to a particular driver or vehicle, giving you extra information on how your fuel is being used. These online tools and the benefits they bring can be invaluable to a business.
- Dedicated fuel cards give you a monthly invoice that can double as a HMRC compliant receipt for the purposes of claiming back business VAT. This feature is not available with Asda credit cards.
- If you give the credit card to a driver, there is always the possibility of fraud, as they may add their own personal purchases onto the bill when they pay for fuel.
An Asda fuel card could very well be the very best choice for your business, but to make a more informed decision, use the online form on this page to get a range of free quotes from various different fuel card services. Don’t delay – get saving on fuel today!
Tags: Asda, Asda fuel card, Asda fuel cards, fleet fuel cards, fuel card providersRelated posts
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