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
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Introductory Period
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