Coast is a Visa fleet and fuel card that’s designed to help businesses save time and money. With Coast’s intuitive software, fleet managers can easily track expenses and set purchasing controls. According to Coast, their fuel card has saved fleets an average of 10% on their fuel costs and with savings like that it seems like their fuel card is the one to get, but do the features of the Coast fuel card truly make it the best choice? Let’s take a look at what their fuel cards have to offer and if they’re really the best option.
- Price
Compared to other fuel cards like Fuelman, Wex, and AtoB, Coast actually doesn’t have many fees. It’s just $4 per card every month and a $35 charge if you are late on your payments. There are no additional fees which is definitely a plus.
2. Benefits
Coast fuel cards provide three major benefits:
- $0.02 off per gallon at all non partnering gas stations
- 1% cashback on any non fuel related purchases
- $0.04 off partnering gas stations including:
- Speedway
- Racetrac
- Exxon
- 7-Eleven
- Mobil
- Casey’s
- Shell
- Stripes
3. Locations
Since Coast fuel cards are Visas they are accepted anywhere Visa is except for if they are in North and South Dakota, and Nevada.
4. Controls And Reporting
With Coast’s advanced fuel card management software, there isn’t much one can’t do. Users can set up driver IDs, set spending limits based on time of day, day of the week, type of product, and instantly activate or lock a card. The software also provides spending insights, online receipts, and detailed transaction reports. Plus, their system is user-friendly and is easy to use.
5. Security
Coast has some great security features for their fuel cards. You are covered for up to $25,000, which is better than most fuel cards who don’t provide any coverage. Additionally you can enable odometer reading so that drivers have to enter in the odometer info before purchasing fuel. Coast also gives you real-time purchase notifications and the ability to approve or decline purchases immediately so you can stop the fraud before it occurs.
6. Conclusion
Coast Fuel cards have a lot of perks and advantages, however the discounts on the gas are too low and actually really don’t benefit most fleets especially larger fleets because of the $4 per card fee. Also the inability to use the fuel cards in three states can be a huge disadvantage for those whose vehicles travel across state lines. If you are interested in some alternatives to the Coast fuel card, click here.