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Discussion in 'Lawn Mowing' started by contourbs, Feb 4, 2005.
which company to have a gas card for?
I would not use a "gas" card per say. Why not use a credit card (providing you pay it off each month) that has the points programs. LIke frequent flyer miles or Discover, which gives you money back each year....
I had a Gold Citi Bank American Airlines Visa that I used for the business and they actually sent me a statement each year and broke down my purchases by group...IE food, fuel, parts, ect... Plus I got 3 miles for every dollar I spent.
We use the American Express corporate card for most everything aside from racking up 63,000 reward points in the past 2 seasons. We get quarterly statements so we never lose a gas receipt its all itemized for us and with our 19,000 a month limit we have not had any problems yet going over and ever being turned down.
there is chase, citgo, and many more.
Unless you have a pretty descent size fleet I wouldn't bother with it. I looked into it before, but I just didn't feel that it was worth it.
We use Quik Trip fleet fuel. Each truck has it's own card & ID, that is limited to 87 octane fuel, no more than 30 gallons daily, not usable for food etc.... QT sends us an itemized statement with mpg, dates, times, etc... If a driver is stealing fuel it is very easy to identify. QT also has the best prices on fuel in our market.
We use the Americam Express Corporate Platinum Card and have since 1996. We also get the detailed statement each month and also Quarterly and at Years End already broken down in to catagories for us. There is no spending limit at all on this card (as with their Black Card also that most folks have never even heard of) so it will hold a $1K worth of gas or $100K worth of equipment purchase or such. The only down side is that to get the Platinum and Black Cards is by Invitation only from AmEx as you cannot apply for them directly because they have no set spending limits (AmEx will lead you to believe that the Green and Gold don't either, but they really do it is just hidden in their computers based on your income and spending/paying. I believe if they still have it that their Blue Card thing does have a set limit like a Visa/MC) and the years fees are kinda strong. If I remember correctly I pay like $400 a year for the main card and liek $150 for each additional one. The Black is $1500 a year if I remember correctly. We started off with just their Corporate Gold Card and later I received the invitation for a Platinum. I assume they base it on your spending/paying habits as I received the offer in about a year, but my dad's company he had his like 20 years before they offered. AmEx had the "platinum" level cards out for years before Visa/MC started puting that on any old card and with them it really means something as from as rewards as I travel several times a year to Las Vegas with those Rewards Point footing the bill.
Damm I just looked that card up it does sound nice. I do have the Platinum one which was offered on the thickest nicest paper I ever saw written in gold leaf and I suspect knowing them it may have been real. It was the nicest invitation I ever got on a card. Came to me in a small greeting card size envelope with no questions no income verification none of that crap it had only one line sign here and its yours. The black card sounds out of my reach though what were you spending a month to get that offer my worst month was just under 10k and I felt that check when I wrote it.
I dont use a gas card but I use a card from Bass pro shop and Cabelas. You earn points for Dollars spent and I purchase clothing, foot wear and hunting and fishing goodies
You get to pay $400 a year for the privledge to use an AMEX Card. WTF plus 150 for each card. if you have three cards thats a weedy and blower every year.....
My Citibank was 75 a year with two cards.... Paid off each month so the CC company was making money on the yearly fees, and on the 2% sales fee they charge retailers.....But I am looking there are others that charge no yearly fee...and as cheap as airline travel is anymore, the points /miles programs just aren't as appetizing as they once were
Some places have stopped accepting amex as they charge the retailer a bit more % than Visa/MC....
Whatever works...I guess