SBAM Offers Members Discount Fuel Cards

May 27, 2008
| By Pete Daly |
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LANSING — The Small Business Association of Michigan reports that small business owners and their employees, pinched by the recent run-up in gasoline prices, have been signing up for hundreds of SBAM-member-only Speedway cards that provide a 4.5 percent discount on gasoline and other purchases.

“In the current economy, small business owners are looking to pinch every penny they can, especially when it comes to the cost of gasoline,” said SBAM’s director of products and services Sarah Miller. “They are signing up in droves for these cards because, at current prices, the cards save them 18 cents a gallon.”

The cards are valid for one year as long as the small business owner is a member in good standing with SBAM (cards are renewable annually). To load money on the card, SBAM members visit any Speedway store and put any amount of money on the card at any time, paying 95.5 percent of face value. That means using the card to buy $100 worth of gasoline actually costs $95.50.

Once the card is loaded with money, it can be used at the pump or the cash register just like a regular gift card.

More information, including an order form, can be found at www.sbam.org or by contacting Miller at sarah.miller@sbam.org.

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