Introductory (or intro) rate is the low rate charged by a lender for an initial period to entice borrowers to accept the credit terms. After the introductory period is over, the rate charged increases to the indexed rate or the stated interest rate. Often called a teaser rate.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). introductory (or intro) rate. Retrieved September 24, 2026, from http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454 |
| Chicago | Barry Goldsmith. 2010. "introductory (or intro) rate" http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, introductory (or intro) rate, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454>. |
| MLA | Barry Goldsmith. "introductory (or intro) rate" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454> |