The Velocity is a business credit card from Velocity. The annual fee is No annual fee. The ongoing APR is 14.75% to 18.00% APR* after a 0% intro rate for 12 months* introductory rate for 12 months. Rewards: Earn 1.5x rewards points on all purchases. This product does not report routine activity to your personal credit (only on default if a personal guarantee is required).