Fuel Discount/Reward Programs

FUEL DISCOUNT/REWARD PROGRAMS

Wish you could save more money on your fuel costs?  Check out what some companies are doing to help you out.

FUEL CREDIT CARDS

Truckers Advantage www.truckersadvantage.com

This is a fuel credit card that is honored at Fleet One fueling sites nationwide and at over 1,300 rebate and $0 transaction fee locations.  Something to consider is the transaction fee per location.  It doesn’t say that ALL locations are transaction fee free, so you may want to check first.

Momentum Fuel Card offers fleet cards offer up to 20 cents off per gallon on your fuel purchases.  If you are a fleet owner, this might be worth looking into.  www.momentumfuelcard.com

If you choose a fuel credit card, look at the fine print.  Some give you a very low introductory APR rate and then jack the APR to 11+% after the introductory period ends.  Be aware of what this card could potentially cost you in the long run.  Also look at annual fees, if there are any.

Fleet Cards USA offers a fuel savings calculator and assists in finding the right credit card for you.  Fleetcardsusa.com

You pick the area of the country, your vehicle type (18 wheeler) and number of trucks you have.  Two is the least number of vehicles this site will calculate for but if you are a single owner-operator, just divide the Average Savings in half.  Pretty simple.  Something to also consider.

LOYALTY PROGRAMS

Petro Truck Stops

Petro Truck Stops www. Petrotruckstops.com are nationwide and have a rewards program called Petro Passport Driver Rewards.  Here’s a link to get you there.  http://www.petrotruckstops.com/driver_rewards.sstg

You earn 1 point for each gallon of diesel fuel purchased and 1 point for each dollar spent on Petro:Lube services (some exclusions apply).

Redeem points at any of their locations, looking for the Passport kiosk to print out Award Certificates.  Award certificates may be redeemed at the Travel Store, the Iron Skillet Restaurant, the Fuel Island, and at Petro:Lube for all products and services excluding fuel, tobacco, and lottery tickets.  Membership looks to be free as I didn’t find anything indicating otherwise.

Travel Centers of America

Truck Stops of America is another large chain across the country  www.tatravelcenters.com is partnered with Petro Truck Stops to provide Loyalty Program options to drivers.  Earn points to use in their restaurants, shops, and stores.  Plus they have an on-line catalog for easy shopping as well.  Check their website if interested.  Membership is free.

And, while you are on the internet checking everyone else out, check out Easy Trucking Software.  www.easytruckingsoftware.com It is a great software program designed by a trucker for truckers at a reasonable cost and no additional fees of any kind.  Get a FREE Trial Download by going to www.easytruckingsoftware.com and click on Download.  Follow the directions and install it on your computer.  Very easy to use and the download can be turned into either the Owner Operator version or Fleet version with a password.  Information entered into the program is saved, no need to re-enter anything.  Try it before you buy it!  The only thing you spend is your time.

The bottom line is shop around!

Check with your financial institution for a line of credit on your Debit card for business.  See what they can recommend to you.

Like I said before, be aware of all the fine print, such as % rate or APR cost (annual percentage rate), and annual fees if you are looking for a fuel credit card.  If you are faithful on paying the balance off on a credit card each and every month, then the interest rate is not as important to you as to those who may carry a balance month to month.  You may be more interested in the rewards the card may offer than the costs, since you won’t be accruing any.

Let me know if there is a topic/subject you would like to see in my blog and let me know how I’m doing.

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