Introductory annual percentage rate (APR) is a low rate offered by a credit card company as an incentive to apply for the card. The APR will go up after the introductory period is over. The Credit CARD Act of 2009 requires that introductory periods must last at least six months. The introductory rate is also known as the teaser rate.

The introductory annual percentage rate is a temporary lower annual rate that is offered by credit card companies to interest a customer in applying for that particular card. The rate does not usually stay the same after the first year, but according to the Credit CARD Act of 2009 the Introductory Rate must last at a minimum of six months.

A special interest rate on credit card balances that some issuers offer for a specific period of time, usually from a few months to a year. Many credit card issuers offer low introductory rates to attract new cardholders.

Many providers offer special introductory rates for new customers. For example, an introductory rate of 0% on balance transfers, which then reverts to a higher standard interest rate after a certain t [..]

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 rate offered by the financial institution that is applied during a portion of the loan term and set significantly lower to lure consumers to take out loans.

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.

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 exp [..]

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 exp [..]