It depends. There have been some complaints about the "fixed" rates for the fleet credit card. You can view some of the risks at http://www.consumeraffairs.com/credit_cards/fleet.html
To find good information about a fleet credit card, look no further than the fleet credit card's own website. They have a list of frequently asked questions that will answer most of the questions you have. www.fleetone.com/Contact-Us/FAQ
One can apply for a Fleet Credit Card online at their official website or by sending a filled application form to their FAX number. One just has to fill it, sign it and then FAX it to get a new Credit Card.
Getting a credit card for your LLC can be beneficial for managing expenses and building credit, but it also comes with risks if not managed properly. Consider your business needs and financial discipline before deciding.
mastercard coporate fleet card from race trac!!!
at 2 steps are involved with getting a credit card
Yes, getting declined for a credit card can have negative consequences on your credit score and make it harder to get approved for credit in the future.
Fleet cards refer to one of two items. Generally a fleet card refers to any credit card of any brand issued by a trucking company to all its truckers to use. The other form of a fleet card is one in which the gasoline company (such as Shell) or a particular business/gas station chain will issue a credit card good only for gas at their pumps/locations. Either way, it is the trucking company, or trucker if an independent agent, that applies for the card.
Potential credit card risks individuals should be aware of include high interest rates, fees for late payments or exceeding credit limits, potential for identity theft or fraud, and the temptation to overspend and accumulate debt.
The risks associated with using a credit card include accumulating debt if you overspend, paying high interest rates on balances, potential for identity theft or fraud, and damaging your credit score if payments are missed.
The reason for not allowing the credit card service is due to concerns about security and potential fraud risks associated with using credit cards for transactions.
Getting a second credit card can help improve your credit score by increasing your available credit limit and diversifying your credit mix, which can positively impact your credit utilization ratio and overall creditworthiness.
There are companies that offer assistance with getting out of credit card debt. It is possible to get out of credit card debt by carefully watching spending and managing income and expenses, then slowly paying off the debt.