Glossary Terms: Introductory APR on Cash Advance


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Credit Card Applications » Glossary » Introductory APR on Cash Advance

Introductory APR on Cash Advance

The promotional rate that may be offered on cash advances from a credit card company. Cash advance rate APRs are generally high and most cards do not offer introductory low APRs for them. When a card offers a zero-percent or other low introductory interest rate it will usually apply to purchases and balance transfers but not cash advances.

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