A period of time during which the Introductory APR is in effect. The interest rate will usually go up after the end of the Introductory Period. Introductory Period can last anywhere from 3 months and up to 15 months from the time when a credit card was issued. It can be applied to purchases, balance transfers or both. Typically, Introductory Period is not offered for cash advances.
Glossary Terms: Introductory Period
ADVERTISING DISCLOSURE
ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site.
Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site.
Compensation from our advertising partners impacts how and where their products appear on our site,
including, for example, the order in which they may appear within review lists.
Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Introductory Period
Add to Favorites:
Email you:
Related Terms
Application Processing Fee
A one-time upfront fee that is charged by a bank or issuer of credit cards to your bank account when you submit your application for a…
A global payments technology company, which provides consumers, businesses, financial institutions, and governments with access to the…
MasterCard
A credit card issuing network that is accepted worldwide, MasterCard partners with banks to issue credit cards, debit cards, and prepaid…
Some credit cards come with an “instant decision” – that is, they allow a customer to apply online, filling in all relevant…
Our Experts about Interest Rates & Fees
LATEST NEWS:
More news
LATEST FAQS:
Does Allianz travel insurance include coverage for canceling a trip due to COVID-19? Does CSA still operate its services? I've been thinking about applying for a cashback credit card that I can use to do my shopping with. I've been considering the Walmart credit card, but the APR is a little high. Are there any cards that you could recommend to me? More FAQs
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Enter your e-mail address to subscribe to the latest CreditLand news, articles, and expert advice for FREE.
CreditLand will never share your e-mail address with any third parties.
You may unsubscribe at any moment by simply clicking the Unsubscribe link in any of CreditLand's newsletters.
CreditLand will never share your e-mail address with any third parties.
You may unsubscribe at any moment by simply clicking the Unsubscribe link in any of CreditLand's newsletters.
Search Terms by:
Type the term you want to find:
Choose Terms Category:
- Interest Rates & Fees (28 Terms)
Last Update: July 11, 2016 - Credit Card Basics (10 Terms)
Last Update: September 25, 2013 - Reward Program (8 Terms)
Last Update: September 25, 2013 - Credit History (7 Terms)
Last Update: September 25, 2013 - Using Credit Card (5 Terms)
Last Update: September 25, 2013 - Card Types (4 Terms)
Last Update: September 25, 2013
Balance Transfer: Save on Average $1,400
May 08, 2015