1. What are the features that I should look for in a fleet card? Fleet cards offer many features that can be helpful for businesses, including the ability to track spending, earn rewards, and get discounts on gas and repairs. However, not all fleet cards are created equal. To find one that best meets your needs, here are some features to look for:
- Tracking and Reporting: Look for a card that offers comprehensive tracking and reporting capabilities. This way, you can closely monitor your spending and identify areas where you may be able to save money.
- Discounts: Many fleet cards offer discounts on gas and repairs. These can add up quickly, so be sure to compare rates before choosing a card.
- Rewards: Some fleet cards offer rewards programs, which can help offset the cost of expenses. If you travel often, look for a card that offers points or miles that can be redeemed for travel.
2. What’s the best fuel card to get?
3. How do I withdraw money from my fleet card? Drivers shouldn’t have to worry about fees for every card transaction, so the best way is to use in-network ATMs. These are machines that belong to the financial institution where you have your account; most of these institutions offer free cash withdrawals. If you can’t find an ATM locator online, try looking at large banks or other stores–chances are they’re partnered up!
Once an in-network ATM is located follow the following steps. Note: If you try to withdraw more than is in your account, your request will be declined and you may be charged a fee. To access your funds through an ATM:
- Swipe or insert your card into the ATM
- Enter your PIN when prompted
- Select the withdraw option. If you make the wrong selection, you will receive an error message and a fee may be deducted from your card’s balance.
- Enter the dollar amount to be withdrawn. Upon authorization, the ATM dispenses the requested amount.
4. Are fleet cards or fuel cards worth it? If you manage a fleet of trucks, you’re probably always on the lookout for ways to save money and streamline operations. Fleet cards, also known as fuel cards, can offer a number of advantages for fleet managers. For one, they can help you keep track of expenses and monitor your drivers’ spending. In addition, fleet cards often come with discounts on fuel purchases, which can add up to significant savings over time. Finally, some fleet cards offer additional features like GPS tracking and maintenance management, which can further help to improve your fleet’s efficiency. Overall, fleet cards can be a valuable tool for fleet managers who are looking to save money and improve efficiency.
5. What are the best fleet card alternatives?Fleet cards are a great way for businesses to manage their fleet expenses, but they’re not the only option. There are a number of fleet card alternatives that can offer businesses similar or even better benefits. First, you could use a corporate credit card. This can be a good option if you already have a credit card with favorable terms. Another alternative is to set up an account with a fuel supplier. This way, you can get discounts on fuel based on the volume that you purchase. Finally, you could simply pay cash for your fuel purchases. This may not be as convenient as using a fleet card, but it can help you avoid fees and other charges. Plus, you’ll have more flexibility in how you use your funds. Ultimately, the best fleet card alternative for your business will depend on your specific needs and preferences. Consider all of your options and choose the one that will help you save the most money.
6. What is RoadSync Advance? RoadSync Advance is a digital payments management platform offered by RoadSync that creates an easy and convenient way for brokers and carriers in the trucking industry to deliver funds to their drivers. Brokers and carriers can send pre-authorized funds directly to a driver via text for payment via fleet checks—Comchek or EFS To make a payment, drivers access the link sent via text and simply generate a payment code. No more waiting around for approvals or authorizations, drivers can pay quickly and get back on the road.
7. What is RoadSync Checkout? Roadsync Checkout is a digital payments platform offered by RoadSync that creates an easy and convenient way for businesses and drivers in the trucking industry to accept and make payments. Warehouses and other merchants such as repair and tow operations can send payment links directly to driver via text or email with various payment methods ranging from fleet checks—Comchek, EFS—to credit or debit cards, fuel cards, cash, etc. Drivers simply select their preferred or authorized payment method via the link received to on their phone. Then pay, get their digital receipt and are back on the road.