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An introductory rate (also known as a teaser rate) is an interest rate charged to a customer during the initial stages of a loan. The rate, which can be as low as 0%, is not permanent and after it expires a normal or higher than normal rate will apply.
31 mar 2022 · An introductory rate is a low interest rate—often even a 0% rate—that applies for a limited period of time after you open your credit card. Introductory rates are most often given to applicants with good or excellent credit scores , and the annual percentage rate (APR) that applies after the introductory period ends is based on your ...
8 sie 2024 · A credit card’s introductory rate, or intro APR, is a special interest rate that’s typically set for new purchases or balance transfers. An intro APR lasts for a limited period of time, often between 12 and 21 months, depending on the credit card issuer.
Introductory rate is a low APR offered by a credit card company for a limited time. Learn how long the intro period lasts, how it affects your credit score and how to avoid surprises.
9 sty 2021 · A teaser rate is a low introductory rate charged on a credit product, such as a credit card or an adjustable rate mortgage. Learn how teaser rates work, what types of credit products use them, and how they can affect borrowers.
2 maj 2024 · An introductory rate, also known as a teaser rate, is a temporarily discounted interest rate offered by lenders to attract borrowers. It typically applies for a limited period at the beginning of a loan or credit card term, after which the rate reverts to the standard or variable rate.
16 lip 2020 · Card Smarts: https://www.discover.com/credit-cards... A credit card introductory rate is the rate offered to new customers. This rate may be 0 percent, meaning you won’t pay any...
