teaser rate
Definition
Use teaser rate in a sentence
“ You may want to make sure that what you are agreeing to is not only the teaser rate if it sounds to good. ”
“ The credit card offer from Big Billz Co. offered a ridiculously low 1% teaser rate, but the fine print detailed that unsuspecting customers would be signing on for a hike to 35% after the first six months. ”
“ Yesterday, I went to the bank and saw the incredibly low interest rates on their cash back credit cards; I later found out it was just a teaser rate and my interest rates were going to go up. ”