Sentences with phrase «introductory term»
As it applies to the credit card industry, many issuers in an attempt to attract new clients offer teaser rates on balance transfers and purchases with zero percent introductory terms.
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Some may have outstanding introductory terms that are available for an extended period.
Eligible new members also receive $ 15,000 of no - cost NEA Introductory Term Life Insurance for their first 12 months.
NEA Complimentary Life Insurance, NEA Introductory Term Life Insurance, NEA Group Term Life Insurance, NEA Accidental Death & Dismemberment Insurance, NEA Accidental Death & Dismemberment Insurance Plus, NEA Accidental Death & Dismemberment Advantage Plan, NEA Guaranteed Issue Life Insurance, and NEA Level Premium Term Life Insurance are issued by The Prudential Insurance Company of America, Newark, NJ.
It's easy to see why: this card offers the lowest 0 percent introductory term on the market, allowing business owners a minimum intro APR for 18 months.
In addition, the credit card issuer must disclose the regular, or go - to rate, that will be applied to the credit card at the end of the introductory term.
Even worse, if such an offense happens during a time period where the account is awarded a 0 % introductory term, the interest free rate may be stripped.
You can get a lowered interest rate card, but it will probably be for an introductory term of 6 months or a year.
The key here, of course, is to be sure you stick to your plan and pay off the balance before the introductory term is up.
The introductory terms for all credit cards require that cardholders make their payments for all of the debt commitments on time every month.
Your interest rate will increase to the default rate at the end of the introductory term, so that rate should be one of the factors you investigate before applying.
When you transfer your balance to a balance transfer credit card with a 0 % APR introductory offer, you can carry that balance interest - free for the length of the introductory terms.
Your APR will revert to the default purchase APR when the offer expires, so remember to pay off your balance before the end of your introductory term to avoid being charged interest fees.
The best balance transfer credit card offers will actually come with a 0 % introductory APR, meaning you won't have to pay any interest on your transferred balance for the length of the introductory terms.
The rate (or lack thereof) being offered is, by nature, a temporary rate, and will expire at the end of the introductory terms.
Instead, it refers to the length of the introductory term.