Fuel Card Comparison Site Saves UK Businesses Thousands
FuelQ(R) business fuel card holders have saved an average 11.03 pence per litre on pump prices since September 2023 by using fuel cards when they pay to fill up. Fluctuating fuel prices have become a staple concern for UK motorists. According to a research briefing published by the House of Commons in July this year, “Both petrol and diesel prices have set and broken many new records in [the last two years]”, with only a brief respite in January 2024 when prices were “the lowest since autumn 2021”.
There are many factors that contribute to the rise and fall of fuel prices, from geopolitical turbulence and economic agitation to environmental regulations and fuel retailer margin increases. Consumers and businesses are left navigating the impact of these market dynamics amidst a raging cost of living crisis, often unable to predict how much they will have to pay for fuel each time they fill up. FuelQ(R) (formerly BBS Fuels) is a fuel card comparison site on a mission to help both businesses and consumers combat fuel market fluctuations.
With fuel prices set weekly by their fuel card providers, card holders can enjoy great savings at over 40,000 filling stations across the UK. By using a fuel card from FuelQ to pay for their fuel, limited companies typically save up to GBP2,000 per year, while fleet businesses can save up to GBP15,000! Since September 2023, an auto parts store based in Accrington has saved over GBP3,500 on diesel by using their FuelQ fuel cards.
An automotive paint supplier based in Southampton has enjoyed saving just under GBP2,500 within the same period. With the average saving between pump prices and those set by their card providers at 11.03 pence per litre, these savings demonstrate the phenomenal value fuel cards deliver for businesses. In addition to great savings, fuel cards from FuelQ allow business owners and their employees to pay for fuel securely using the cards rather than personal payment methods, eliminating the need for laborious expenses claims.
A consolidated tax-accepted invoice can be downloaded directly from the card issuer’s portal, and all FuelQ’s providers’ systems are HMRC compliant; making it easier than ever for businesses to reclaim VAT. FuelQ doesn’t just help companies save on fuel. The company also offers fuel cards to individuals looking to save money on their personal vehicle running costs.
Individual card holders can save up to GBP300 per year on pump prices with a fuel card from FuelQ, which goes a long way towards cutting monthly household expenditure. Whether you are an individual, an employee or a company, fuel cards are a simple and effective way to mitigate the fluctuations of the fuel market and save money when you fill up.
To see how much you could save, visit https://fuelq.co.uk and get a quote within minutes.
Start saving on fuel today with FuelQ(R).
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