In this guide, we’ll explore how to maximize discounts and rewards with your WEX fuel card to get the most out of your fleet’s fuel expenses.
1. Choose the Right WEX Fuel Card for Your Business
WEX offers different fuel card options to suit various business needs. Some cards provide higher rebates per gallon, while others focus on broader acceptance and
expense management tools. Evaluate your fleet’s size, fuel usage patterns, and operational needs to select the best card for maximizing savings.
2. Take Advantage of Fuel Rebates
One of the most straightforward ways to save money with your WEX card is through fuel rebates. Depending on the card type and your fuel purchasing volume, you can earn up to 3¢ per gallon in rebates. Here’s how to make the most of this feature:
• Encourage drivers to fuel up at participating stations that offer the highest rebates.
• Monitor rebate-eligible transactions and ensure purchases align with rebate terms.
• Consider consolidating fuel purchases to maximize volume-based rebate tiers.
3. Use the WEX Online Tools for Smarter Purchasing
WEX provides powerful online tools and mobile apps to help businesses manage fuel expenses efficiently. These tools offer:
• Station Locator: Find the nearest gas stations that accept WEX and compare fuel prices.
• Spending Controls: Set limits on transactions, preventing unauthorized spending.
• Real-time Reporting: Track fuel usage and spending patterns to identify cost-saving opportunities.
By utilizing these features, you can make informed decisions about where and when to refuel, ensuring you always get the best value.
4. Encourage Drivers to Adopt Cost-Saving Fueling Habits
Your fleet drivers play a crucial role in fuel savings. Educating them on the best fueling practices can help reduce overall costs. Tips include:
• Filling up at stations with lower prices rather than the closest or most convenient option.
• Avoiding premium fuel unless required by the vehicle.
• Reducing idle time and maintaining steady speeds to improve fuel efficiency.
• Using route planning tools to minimize unnecessary detours and fuel consumption.
5. Monitor and Manage Unauthorized Spending
WEX fuel cards come with built-in fraud protection and spending controls. To further prevent waste and misuse:
• Set up purchase alerts to track fuel spending in real-time.
• Limit fuel purchases by transaction amount, frequency, and time of day.
• Review transaction reports regularly to identify any suspicious activity.
These measures ensure that every dollar spent on fuel is justified and contributes to your business’s bottom line.
6. Leverage WEX Partner Discounts and Additional Perks
WEX cardholders have access to exclusive discounts beyond just fuel savings. These perks can include:
• Maintenance and Repair Discounts: Save on vehicle servicing, oil changes, and repairs at participating locations.
• Toll and Parking Discounts: Certain WEX cards offer integrated toll and parking payment solutions with savings opportunities.
• Business Expense Management Tools: Some WEX fuel cards integrate with accounting software, helping streamline financial tracking and budgeting.
Check WEX’s partner network and take advantage of these extra benefits to further reduce operational costs.
7. Integrate Your WEX Card with Fleet Management Software
If your business uses fleet management software, integrating it with your WEX card can enhance efficiency and cost savings. This allows you to:
• Automate expense tracking and reconciliation.
• Analyze fuel consumption trends for improved decision-making.
• Reduce administrative burdens by streamlining fuel reporting.
By connecting your WEX fuel card to your fleet management system, you gain deeper insights into your operations and can optimize fuel spending even further.
8. Stay Informed About Special Promotions and New Savings Opportunities
WEX frequently offers special promotions, limited-time discounts, and new partnership deals. Stay updated on these opportunities by:
• Subscribing to WEX newsletters or notifications.
• Regularly checking the WEX website or mobile app for announcements.
• Engaging with WEX customer support to ask about new ways to save.
By staying proactive, you can take advantage of additional savings beyond your standard rebates and rewards.
