2006-09-05 23:57:18 · 7 answers · asked by HELEN 2 in Business & Finance ➔ Credit
sorry，I just want know what's different between them..
2006-09-06 00:03:14 · update #1
The Intro Purchase APR is the interest rate you're charged during the promotional period (usually 6-12 months). Once the promotional period ends, your transactions will then be charged the interest rate equal to the Standard Purchase APR.
2006-09-06 02:48:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Apr Meaning
2016-10-06 22:49:44 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Hi!
https://web.da-us.citibank.com/cgi-bin/citifi/portal/hd/overview.do?M_M=S
Annual Percentage Rating.
In a simplified example, if you borrow $100 for one year at 5% interest (so that you will owe $105 at the end of the year) and you pay the lender a $5 origination fee, your total cost to borrow the money will be $10 ($5 in a year for interest plus $5 now for the origination fee). Your APR will come out at just over 10%.
http://en.wikipedia.org/wiki/Annual_percentage_rate
2006-09-05 23:59:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They give you an very low "Intro APR" interest rate so that you will go buy soimething on credit. Once you owe them money, they raise the interest rate to the higher "Standard" interest rate.
2006-09-06 00:05:03 · answer #4 · answered by Computer Guy 7 · 0⤊ 0⤋
Intro APR is the rate they give you to hook you. Standard APR is what they eventually rip you off with.
2006-09-06 00:02:16 · answer #5 · answered by stan l 7 · 0⤊ 0⤋
It's different for everyone..depends on your credit. I just got a new BOA with zero % for a year..hell I'm thinking of putting a car on it
2006-09-06 00:34:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋
they willm give you lets say 0%for 6 months on your credit card and then after that you will pay 22% after that for the year. so pay off your credit card when it comes in or you will in deep ----
2006-09-06 00:03:25 · answer #7 · answered by peter i 1 · 0⤊ 0⤋