Managing a fleet of vehicles involves numerous challenges, from tracking fuel expenses to ensuring compliance and minimizing fraud. The CITGO Fleet Card offers a comprehensive solution designed to streamline these tasks, providing businesses with enhanced control and significant savings.
Understanding the CITGO Fleet Card
The CITGO Fleet Card is a specialized payment card tailored for businesses that operate multiple vehicles. Issued by WEX Bank, this card enables companies to manage fuel purchases efficiently, offering tools to monitor spending, enforce fueling policies, and access valuable rebates.
Key Features and Benefits
1. Fuel Rebates
One of the standout features of the CITGO Fleet Card is its rebate program. New accounts can enjoy a promotional rebate of 10¢ per gallon on all CITGO fuel purchases for the first six months. After this period, businesses can continue to earn rebates ranging from 1¢ to 7¢ per gallon, depending on the volume of fuel purchased at CITGO-branded locations each month.
2. Flexible Acceptance
While the standard CITGO Fleet Card is accepted exclusively at CITGO stations, the CITGO Fleet Universal Card offers broader flexibility. Accepted at 95% of U.S. gas stations and over 42,000 service locations, it provides businesses with the convenience of fueling anywhere while still earning rebates at CITGO locations.
3. Automatic Fuel Accounting
Gone are the days of manually tracking fuel receipts. The CITGO Fleet Card automates fuel expense tracking, providing detailed reports that highlight who spent what, where, and when. This feature simplifies accounting processes and enhances transparency.
4. Spending Controls
To prevent unauthorized purchases and curb misuse, the CITGO Fleet Card allows businesses to set specific spending limits. Controls can be established based on factors such as amount, location, time of day, and product type. Additionally, driver PINs and odometer readings can be required at the pump for added security.
5. Mobile and Online Account Access
Managing a fleet becomes more convenient with the CITGO Fleet Card's mobile app and online portal. These platforms enable businesses to view and filter transactions, make or schedule payments, monitor available credit, and cancel lost or stolen cards—all from the palm of your hand.
6. Exclusive Discounts
Beyond fuel savings, the CITGO Fleet Card provides access to exclusive discounts on various products and services, including auto parts, tires, and hotels. These perks help businesses reduce operational costs and enhance overall efficiency.
Choosing the Right CITGO Fleet Card
CITGO offers three primary fleet card options, each catering to different business needs:
• CITGO Fleet Card: Ideal for businesses that primarily fuel at CITGO stations and require basic fueling tools.
• CITGO Fleet Select Card: Designed for businesses seeking to monitor driver purchases and take advantage of fuel rebates at CITGO locations.
• CITGO Fleet Universal Card: Best suited for businesses that need the flexibility to fuel at various locations while still earning rebates at CITGO.
How the CITGO Fleet Card Works
• Application and Approval: Businesses can apply for a CITGO Fleet Card online. Upon approval, the chosen card is issued to the company.
• Fueling: Employees use the card to fuel vehicles at designated locations. Depending on the card type, fueling can be done exclusively at CITGO stations or at a wide network of gas stations.
• Expense Tracking: All transactions are automatically recorded, providing businesses with detailed insights into fuel consumption and expenditures.
• Rebates and Discounts: Businesses earn rebates based on fuel purchases and gain access to exclusive discounts on various services and products.
• Account Management: Through the mobile app or online portal, businesses can manage accounts, set spending controls, and monitor activities in real-time.
