Fuel Cards And Company Credit Cards

Topic 27701 | Page 1

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Lonny S.'s Comment
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Hi, I am new to the game of Owner/Operator. Looking for information on the best fuel and credit card to carry. Thank you

Old School's Comment
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The best?

Whichever one gives you the most credit!

You'll understand next year.smile.gif

Delco Dave's Comment
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I used Discover business for my landscape company. No interest your 1st year, good rate afterward if you have over a 750 fico score. You can choose between cash back or airline miles for rewards.

OOS:

When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.

Bullitt_VW's Comment
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What do you mean by this? Did you buy a truck already? if so, Now your asking how to finance your payables?

Hi, I am new to the game of Owner/Operator.

Old School's Comment
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What do you mean by this? Did you buy a truck already? if so, Now your asking how to finance your payables?

Bullitt VW, welcome to the trucking business!

I can't tell you how many times we've fielded these types of questions. I always want to help people, but sometimes I can't for the life of me figure out why people do this to themselves. The next thing they want to know is which is the best factoring company. People, if you need financing for your daily business expenses, you are in way over your head.

You can do perfectly well out here driving someone else's truck - probably better than most owner operators.

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

Sid V.'s Comment
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Nastc fuel card. And I cash flow everything I don't use credit cards.

Delco Dave's Comment
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Hey Bullit! Glad you brought that up, I gave an option and left it at that, didn't want to get into why no business plan was in place before hand.

Bullitt_VW's Comment
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I was in accounts payable for a small family business. So topics like this catch my eye.

Hey Bullit! Glad you brought that up, I gave an option and left it at that, didn't want to get into why no business plan was in place before hand.

Old School's Comment
member avatar

I want to apologize to the OP. Forgive me, I kind of jumped ahead without thinking. I understand we all have to use cards as a method of payment while on the road. You asked a legitimate question and I sort of jumped to my own conclusions.

I'd suggest finding a card that gives you 2% cash back, but don't use it for credit. Use it and pay the balance each month. Don't get yourself all strung out with debt out here. With freight rates and insurance rates like they are, you've got to stay on top of this business or it quickly gets upside down.

Bullitt_VW's Comment
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And I didnt mean to come off harsh. I’m just trying understand his position.

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