A fuel card may seem like the obvious choice for many businesses, but how do you know which one to pick? And what are the alternatives?
Empower employees to spend responsibly with company cards that keep you in control
Separate budgets, custom limits and real-time visibility help prevent overspending
Save hours on admin and speed up month-end with automated tracking and reporting
Many businesses rely on reimbursements or credit cards to cover fuel payments. But asking employees to pay out of pocket can build resentment, and with fuel costs (and every other cost) rising, their personal finances are on the line.
Soldo fuel cards can be used at over 20 million petrol stations and merchants around the world – wherever Mastercard® is accepted. Make sure no one is left stranded, and always choose the most convenient station to fuel up. Transfer money in seconds, or set up automatic top-ups – and free drivers of having to use their own money.
With Soldo, you can create spending rules and limits for every card, and monitor your fleet in real time. You’ll have complete control over every penny spent on fuel, tolls, parking or electric charging. It takes just a few minutes to sign up with no credit check needed.
Assign cards to users or vehicles (in case they’re shared among employees) for just £2 each, control exactly how much can be spent, on what, and where. Turn off contactless and disable cards in seconds – and put a stop to overspending or card misuse.
Out-of-pocket payments aren’t just inconvenient for employees – they’re also harder to manage. And when someone has an issue on the road, being able to act fast can make a huge difference.
Drivers can easily request funds and check their balance on the Soldo mobile app, wherever they are. They can simply snap a photo of the fuel receipt and tap in expense details in a few seconds. No expense forms, no lost receipts, no wasted time.
Stop trying to guess who spent what, where and when. What if you could effortlessly track fuel expenses, filter spent by employee, team, and date? See and report on all your fuel spending, and monitor trends across your fleet.
With the Soldo fuel card and our app, you can get all the information you need for reconciliation while your employees are still on the road. Everything syncs into your accounting software (Xero, QuickBooks, Sage, Netsuite and more) cutting hours of manual admin.
Soldo fuel cards are issued by Mastercard® and can be blocked or cancelled in seconds from the Soldo web or mobile app. Soldo is accredited as a Level 1 Service Provider by the PCI Council, which means we comply with the highest data security standards. We’re regulated by the Financial Conduct Authority (FCA) and the Central Bank of Ireland.
With Soldo fuel cards, can set restrictions for countries where the card can be used, contactless payments, and cash withdrawals. And you don’t have to be on the phone with the bank to solve an issue – our support team is just a click away, ready to help.
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Load money to your account to order your Soldo card. Receive it in 2 working days.
Shop online or instore safely with your contactless card.
We need to confirm your identity and address. Upload a few documents and you’ll be done.
Load money to your account to order your Soldo card. Receive it in 2 working days.
Shop online or instore safely with your contactless card.
Everything you need to get started
Get as many cards as you need for employees and departments. Our contactless cards are accepted by millions of merchants worldwide.
It’s free to add funds, and money is available to spend instantly. Allocate funds to cards when your team needs it.
Export transaction data to every major accounting software, in two clicks. Connect expenses to Xero and QuickBooks.
It’s free to add funds, and money is available to spend instantly. Allocate funds to cards when your team needs it.
Soldo Mastercard® cards have no fees for domestic transactions and our foreign exchange fee is fixed at just 1.5%.
Need a hand? Our friendly customer success team is at your service, providing support whenever you need it.
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Contact us if you have any other questions.
Instead of paying for the cost of fuel using cash, credit or debit cards, employees can use a fuel card. The cards can be affiliated with a major fuel brand, or operate across specific fuel stations, such as supermarket forecourts. Soldo fuel cards work at any station where Mastercard® is accepted.
Firstly, transactions are logged against the car, and businesses will then receive regular invoices in a format that is compliant with HMRC. The use of dedicated cards for fuel frees business managers from the burden of collecting receipts and calculating VAT manually.
The main benefit of using Soldo fuel cards is the opportunity to purchase fuel at the most convenient station, or where petrol prices are lowest. The price difference from station to station may only be a few pence per litre but over a year that can represent huge savings, particularly for companies operating a large fleet.
Employees appreciate them, as they enable them to fill up company vehicles without any need to use their own money. Expense management can be a long-winded and frustrating process, usually involving bundles of damaged receipts which tend to go astray. Lost receipts might leave your employees out of pocket, which in the long run could cause resentment. Learn more about how the Soldo mobile app helps with receipt capture.
Unlike credit cards, which can pay for various business expenses, fuel cards tend to be exclusively for fuel and motoring expenses, so there’s no confusion as to the amounts spent and where. Invoices contain all the information that a business needs to complete its accounts, making light work of administrative tasks.
The majority of fuel cards come with controls that fleet managers can tailor according to the needs of the business. For example, it’s possible to set specific spending limits on each card issued, which significantly limits any potential for fraudulent use.
Additionally, the information displayed on the invoices allows business managers to assess the mileage and running costs of their vehicles with high accuracy, which can speed up your mileage claim processes. It’s also possible to identify drivers who could benefit from further training to encourage more efficient fuel consumption.
Soldo fuel cards give employees controlled access to company money to pay for fuel, tolls, parking and electric charging at any station.
With Soldo, you can allocate fuel cards to specific employees or vehicles with a pre-approved and allocated budget.
There are a variety of cards available, some affiliated with particular fuel brands such as Shell and Esso and some giving access to supermarket forecourts, for example. The cards can also be associated with specific types of fuel. Businesses can choose diesel cards, petrol cards, or combination cards which allow access to all fuel types.
Soldo fuel cards can be used at any station for any kind of fuel, tolls, parking or electric charging.
Businesses that own several vehicles may find that a dedicated card for fuel can help to save time and money. In addition to providing businesses with HMRC-approved invoices, the data collected allows business managers to keep a close eye on the activities of their vehicles and their drivers to ensure optimum efficiency.
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