The Qonto Fuel Card for cashless refueling and cost control
Refueling a company car involv es a certain amount of bureaucracy. Employees must proceed carefully when refueling: they need to collect fuel receipts and submit them along with a detailed fuel card statement.
This information is crucial for accurately recording the amounts and costs of fuel in accounting. When invoices pile up, it can quickly become confusing. The Qonto fuel card is a corporate credit card offered to freelancers and businesses to help efficiently manage fuel costs.
Discover our summary fuel card check below.
Advantages of the Qonto Fuel Card at a glance
We have briefly summarized the numerous advantages of the Qonto fuel card for you:
- Cashless refueling: Qonto allows cashless refueling at many gas stations.
- Cost control: Expenses can be tracked and analyzed in real-time via the website or app.
- Discounts and benefits: Often, there are discounts on specific fuels and other products or services.
- Simple management: Manage multiple cards for different vehicles and drivers.
- Invoicing: Monthly collective invoices facilitate accounting and reduce administrative effort.
Prices and transaction costs of the Qonto Fuel Card
The costs for fuel cards vary depending on fleet size and fuel type and can range from 0 to several euros per month. If you choose a fuel card with Qonto Bank, you benefit from no fees for transactions within the Eurozone. For payments in foreign currencies, exchange fees apply depending on the subscription:
- 2% with the One Card
- 1% with the Plus Card
- no costs with the X Card
Fuel cards can be acquired as physical and virtual cards. These cards can be created with just a few clicks and allocated to specific expense categories such as "fuel costs."
For business trips, additional categories like hotel or restaurant can be approved and then restricted back to fuel costs after the trip, all in real-time.
Activating the Qonto Fuel Card
Activating the Qonto fuel card is straightforward. After receiving your Qonto card, you can immediately access the digital version via the app. To fully activate the card, you need to enter a PIN code on the website or app.
This is necessary to unlock all card functions, including contactless payments and higher payment limits. If needed, you can view the PIN code anytime in the Qonto app. Card names and payment limits can also be customized.
Conclusion: Is the Qonto Bank Fuel Card worth it?
The Qonto fuel card offers freelancers and businesses efficient, cashless refueling and comprehensive cost control. Benefits include discounts, easy management of multiple cards, and monthly collective invoices. Activation is easy and secure, with a PIN code for full functionality.
Qonto impresses with its flexibility to restrict or expand card functions at any time, making it a worthwhile alternative to a regular corporate credit card.
Other Cards from Qonto Bank in comparison
If you are looking for a card with other conditions from this provider, you might also be interested in the Qonto X Card!
What are the benefits of the Qonto fuel card?
- Easy management from anywhere
- Monthly collective invoices
- Continuous cost control
- Cashless refueling
- Discounts
