Introductory rates are also known as teaser rates.

Name: Introductory rates are also known as teaser rates.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Introductory rates are indeed known as teaser rates, as they are typically lower than the regular interest rate and are used to entice customers to take out a loan or use a credit card. After the introductory period ends, the rate typically increases to the regular rate.

Introductory Rates Are Also Known as Teaser Rates