This is a temporary, lower APR (sometimes called a "teaser rate") used to entice customers to switch cards. The introductory rate usually applies for 6-12 months before converting to a normal long-term fixed or variable rate. This type of rate may apply only to purchases (and sometimes only to certain, "qualified" purchases), only to balance transfers, or in some cases both. Special restrictions generally apply.
A special annual percentage rate that applies for only a limited time.
A low interest rate offered for a limited time, usually for the first 3 to 6 months on being a cardholder.
A temporarily low interest rate, used as incentive to entice a consumer to sign up for credit. After the introductory period, the rate will increase to the standard percentage.
a special annual percentage rate (APR) for a limited time
a special APR that lasts for a limited time
A temporarily discounted rate for home equity lines of credit or adjustable rate mortgage loans - a rate that is usually low and lasts only for an introductory period.
Some credit cards offer you a special introductory rate (normally for a limited time period) even if you have not transferred a balance across from another credit card.
Also know as a teaser rate, this is a low, fixed rate – often below the prime rate charged for a specific length of time during the initial period of the home equity line of credit. Itâ€(tm)s offered by us to attract more business. The rate adjusts to the indexed rate (prime) plus a margin (currently 0.00% or 0.25%) after the introductory rate period.
Many credit cards offer a low introductory rate that switches to a higher variable or fixed rate after a certain time period. It could be described as a special offer, or discount. Make sure that you know how long the introductory rate is applicable and what APR the card will carry after the introductory period elapses. For example, several of the cards on College Plastic offer a 0% introductory rate for 6 months.
Where credit card providers offer special introductory rates of interest to new customers. Typically, introductory rates offered by the credit card companies are 0% for a limited period of time.
A temporary, lower APR that usually lasts for about six months before converting to the normal fixed or variable rate. Be carefull about introductory offers
A temporary, lower annual percentage rate that typically lasts from 3-12 months. After the introductory period, the APR generally rises.
Usually some sort of special offer which may offer interest free deals for a number of months or no interest on cash advances etc. Click Here for the Best Deals on Introductory Rates
A low rate charged by a credit card company for an initial period to entice borrowers to accept the credit terms. After the introductory period is over, the rate increases to the indexed rate or the stated interest rate.
an initial period where the customer is charged a reduced interest on their credit card. This can apply to purchases, balance transfers, or both.
A temporary, lower annual percentage rate, after which the APR is raised.
A very low, but temporary, introductory or start rate on an Adjustable Rate Mortgage, Home Equity Line or credit card.
A low interest rate offered at the start of a loan. At the end of the specified time period the interest rate converts to a standard rate.
Some loans have a lower introductory interest rate, which is in effect for a limited time. At the end of the introductory period, the interest rate will increase. It is also known as a "teaser rate."
A reduced rate valid for a limited period usually offered as an incentive to switch or add cards. The rate may be valid for purchases, cash advances or balance transfers.
A lower interest rate lasting the duration of the introductory period.
An initial, lower APR provided by the credit card company to entice consumers to use their credit card. Also known as a "teaser rate."
A lower Annual Percentage Rate that is offered for a short period of time in order to entice consumers to sign up for specific credit cards. After a certain amount of time, the APR is raised.
Various credit cards offer a low introductory rate that switches to a higher variable or fixed rate. Make sure that you know how long the introductory rate is applicable and what APR the card will carry after the introductory period elapses. Be aware that the introductory rate for some cards will be terminated if you are late with a payment.
A lender may charge an introductory or teaser rate, which is lower than their normal interest rate, for a short period of time (usually commencing when an account is established). After the introductory period is over, the rate charged increases to the stated post-introductory interest rate.
A special APR that applies for only a limited period of time. Sometimes also called a teaser rate.
Various credit cards offer a low introductory rate that switches to a higher variable or fixed rate in order to attract customers. It could be described as a special offer, or discount. Make sure that you know how long the introductory rate is applicable and what APR the card will carry after the introductory period elapses. Be aware that the introductory rate for some cards may be very different to the actual standard rate.
This rate is used for home equity and variable rate loans and adjustable rate lines of credit and is a discretionary rate, not based on an index or margin, fixed for a set term at the beginning of the loan.
A reduced interest rate offered usually for the first year of the loan, after which the loan will revert to a standard rate. Also known as a discount rate.
A temporary, lower APR (Annual Percentage Rate) on credit that usually lasts for a few months before converting to the normal fixed or variable rate.
A promotional rate that may be offered during the initial months of a loan or line of credit. This rate if available is good for 6 months of your line. If available, information concerning the promotional introductory rate will be outlined in the loan note.
An Adjustable Rate Mortgage (ARM Loan) may begin with a discounted, introductory rate. This introductory rate is not to be confused with the fully indexed accrual rate. While an introductory rate might be 6.00%, the fully indexed accrual rate at the same time might actually be 7.50%, or 5.00% index plus 2.50% margin.
introductory low interest rates used to attract cardholders. The rate normally applies to the first 6-12 months after receiving the credit card.
A rate charged by a lender for a short period of time (usually commencing when an account is established). After the introductory period is over, the rate charged increases to the stated post-introductory interest rate. Often called a teaser rate.
A lower APR provided by a credit card company for a limited period of time.
The starting rate for a home equity loan or line of credit, usually a discounted rate, for a short period of time. See initial interest rate.
Rates offered for a temporary period and are used as a marketing tactic by creditors to generate new business. The length of time, or introductory period, that a teaser rate is available depends on the product. For credit cards, it may be three to six billing periods or months. For auto loans, the teaser rate may apply for the entire loan term, depending on levels of dealer inventories.
An adjustable rate mortgage's (ARM) starting interest rate, which stays fixed for a certain time then adjusts to reflect overall market interest rates.
A special rate of interest charged for a specified period at the opening of a savings or loan account. This can be a higher rate to boost a savings account or a lower rate on a loan.
The low rate charged by a lender for an initial period to entice borrowers to accept the credit terms. After the introductory period is over, the rate charged increases to the indexed rate or the stated interest rate. Often called a teaser rate.
A lower, promotional financing rate offered by banks or credit card companies for a specific period of time. After the promotional period expires, a higher rate is applied on a permanent basis.