Definitions for "Introductory APR"
Keywords:  entice, apr, six, temporary, yearly
It is an interest rate that is offered for a given time period only to calculate interest payments.
a special interest rate for a limited period of time designed to entice you to apply for the credit card
This is the annual percentage rate for the introductory period of a new credit card that usually lasts about six to nine months. However, this rate is only valid if the minimum monthly payments are made on time during for the introductory period.