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Saturday, November 21st 2009

Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.

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Teaser rate

Also called the introductory rate, the teaser rate is the annual percentage rate charged by the credit card issuer during an initial period, usually lasting a few months to a year. It is followed by a higher, "go-to" rate.


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