While most VISA/MasterCard business credit cards carry no annual fee, Capital One has come up with an innovative way to charge a $99 annual fee. This month, Capital One is soliciting small business owners for a “Business Line of Credit” of up to $10,000. The credit line is linked to the ‘Preferred Line VISA’ and carries a $99 annual fee, which is waived for the first year, according to CardWatch ([www.cardwatch.com]). Unlike other business card programs, the Cap One Preferred Line VISA does not charge cash advance fees. The program is available in three levels, similar to Cap One’s other business card offerings. The levels are based on the credit risk developed by the business credit report and the personal credit report of the signatory or guarantor. The first level offers a prime +1.4% APR, the second level carries a prime +8.4% rate, and the third level has a prime +11.25% interest rate. All levels offer a 5.9% introductory rate through Nov 2001.