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 October 1, 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 October 1, 2026). |
| Harvard | Barry Goldsmith 2010, introductory (or intro) rate, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454>. |
| MLA | Barry Goldsmith. "introductory (or intro) rate" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/introductory_(or_intro)_rate/definitions/1156454> |