The Elevations is a business credit card from Elevations. Application typically pulls a hard report from Experian. The annual fee is No, we don’t charge an annual fee on any of our Elevations Visa Business Credit Cards.. The ongoing APR is 14.49% - 26.49% Variable. Rewards: You can redeem reward points for cash back, travel, media, entertainment, charitable giving, and more.. This product does not report routine activity to your personal credit (only on default if a personal guarantee is required).