Managing fuel expenses is a critical aspect of operating a business with a fleet of vehicles. Sunoco offers two fleet card options designed to help businesses control costs, monitor fuel usage, and streamline administrative tasks. This guide provides a comprehensive, step-by-step overview of how to apply for a Sunoco fleet card, ensuring a smooth application process.
Step 1: Assess Your Business Needs
Before initiating the application, evaluate your company's fueling requirements to determine which Sunoco fleet card aligns best with your operations. Sunoco provides two primary options:
• Sunoco Business Fleet Card: Ideal for businesses that primarily refuel at Sunoco stations. This card offers rebates of up to 6¢ per gallon at over 5,000 Sunoco locations and has no setup, card, or annual fees.
• Sunoco Fleet Universal Card: Suited for businesses requiring flexibility to fuel at various locations. Accepted at 95% of U.S. gas stations, this card also provides rebates up to 6¢ per gallon at Sunoco stations.
Understanding your fleet's fueling patterns and geographic coverage will help you select the most appropriate card.
Step 2: Gather Necessary Information
To facilitate a seamless application, collect the following business details:
• Legal Business Name and Contact Information: Ensure accuracy in your company's official name, address, phone number, and email.
• Tax Identification Number (TIN): Your business's TIN or Employer Identification Number (EIN) is required for verification purposes.
• Authorized Representative Information: Details of the individual authorized to act on behalf of the company, including their full name, title, and contact information.
• Fleet Size and Fuel Consumption: An estimate of the number of vehicles in your fleet and average monthly fuel expenditure can assist in tailoring the account to your needs.
Step 3: Access the Online Application
Visit the official Sunoco fleet card website at sunocofleetcards.com. Navigate to the "Apply Now" section, where you'll find options for both the Sunoco Business Fleet Card and the Sunoco Fleet Universal Card. Select the card that best fits your business requirements
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Step 4: Complete the Application Form
The online application is designed to be user-friendly and typically takes only a few minutes to complete. You'll be prompted to enter the information gathered in Step 2. Accuracy is crucial to avoid delays in processing.
Step 5: Review Terms and Conditions
Before submitting your application, carefully review the terms and conditions associated with the chosen fleet card. Pay particular attention to:
• Rebate Structure: Understand the rebate tiers based on monthly fuel volume. For instance, purchasing between 500 and 3,999 gallons per month may qualify for a 3¢ per gallon rebate, while higher volumes can earn up to 6¢ per gallon.
• Fees and Charges: Confirm that there are no hidden fees. Both cards boast no setup, card, or annual fees, but it's prudent to verify.
• Payment Terms: Familiarize yourself with billing cycles, payment due dates, and any potential late fees.
Step 6: Submit the Application
After ensuring all information is accurate and you've agreed to the terms, submit your application. You should receive a confirmation indicating that your application has been received.
Step 7: Await Approval
Sunoco's credit team will review your application, which may involve assessing your business's creditworthiness. This process typically takes a few business days. In some cases, they might reach out for additional information or clarification.
Step 8: Receive and Activate Your Fleet Cards
Upon approval, your fleet cards will be mailed to the provided business address. Instructions for activation will accompany the cards. Activation usually involves:
• Online Activation: Logging into your newly created account portal to activate each card.
• Setting Driver PINs: Assigning unique Personal Identification Numbers for each driver to enhance security and track individual usage.
Step 9: Set Up Online Account Management
Utilize Sunoco's online and mobile account management tools to:
• Monitor Transactions: Access real-time data on fuel purchases, including location, time, and amount.
• Control Spending: Set spending limits by driver or card, restrict usage to specific times or locations, and limit fuel types.
• Generate Reports: Create customized reports to analyze fuel consumption patterns and identify potential savings.
• Manage Cards: Easily add or cancel cards, update driver information, and handle lost or stolen cards promptly.
Step 10: Educate Your Team
Ensure that all drivers and relevant staff are informed about how to use the fleet cards responsibly. Emphasize the importance of PIN security, adherence to company fueling policies, and the benefits of using the cards correctly.
Step 11: Monitor and Optimize Usage
Regularly review transaction reports and account summaries to monitor fuel usage and expenses. Use this data to identify trends, enforce fueling policies, and explore additional cost-saving opportunities.
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