Novated lease package: Your fuel card

Including fuel costs in your novated lease offers huge convenience and further savings.

You get a fuel card in your welcome kit that you can use each time you fill up, so you won’t be paying anything out of pocket for fuel at the servo. 

How much you’ll save on fuel using a novated lease:

  • 10% off (by avoiding GST)

  • An additional pre-tax income saving (varies greatly depending on your personal tax position, but usually at least 15%)

Depending on how your novated lease is structured, you should save at least 25% on your average fill up. In other words, if you put 50 litres in your tank at $2 per litre, everyone else will be paying $75, but you’ll be paying $56 (or less) once the tax advantage from the novation is factored in. That’s a whopping $19 off your average tank of fuel. Depending on your circumstances, we’ll tell you exactly what you can get. 

A note on costs

  • Costs of using the fuel card are wrapped into the management fee 

  • Be aware that some providers (such as Coles Express) charge a 1.5% fee for use of the fuel card, so it’s worth asking before you fill up

How it works

  • Accepted at 93% of stations.

  • One card to be used at all stations – secured by your own PIN.

  • Card can only be used to purchase fuel and oil, not other items.

  • You don’t have to use the fuel card. We’ll always reimburse you if you just send us the receipt, so don’t worry if you don’t have it on you.

Business use

Your account report provides all your fuel transactions (all of your expenditure) in one place for tax time (Excel spreadsheet available too).

FAQs

1. Are there any restrictions for using the fuel card?

Our fuel cards can only be used for fuel and oil. Some providers allow their fuel cards to be used for other things such as servicing, however we have found that this can be problematic, so we have a seperate system in place for paying these types of expenses. 

2. Which petrol stations can I use my fuel card at?

93% of service stations accept our fuel card. These include 7-Eleven, Ampol, Apco, BP, Burmah, Caltex, Coles Express, EG Fuelco, Freedom Fuels, Independent, Kwik Fuels, Liberty, Metro, Mobil, Peal, Puma, Shell, United, Woolworths and more. If you fill up at a station that doesn’t accept Motorpass, just pay for the fuel yourself, get a receipt and we’ll reimburse you.

3. What happens if I use more petrol than is listed in my novated lease quotation?

If you are continually overspending on fuel, we’ll contact you to arrange a budget recalculation. We’ll use the data on your previous fuel spending to work out what your budget should actually be. We’ll then agree with you what your new budget will be and, with your permission, increase the amount of your salary sacrifice to cover the difference.

4. What happens if I don’t have my fuel card and purchase fuel without it, can I be reimbursed? 

Yes, absolutely. Just put in a reimbursement request accompanied by a copy of the receipt and we’ll reimburse you for the fuel purchase.

5. What happens if I lose my fuel card? 

Not a problem. Let us know ASAP so we can stop other people using it, and we’ll order you a new one. Just like a credit card.