Examples of Initial Rate Period in a sentence
After the Initial Rate Period for Purchases, the ANNUAL PERCENTAGE RATE for Purchases will change to the current rate shown on page 1 of this Agreement.
The initial ANNUAL PERCENTAGE RATE for transfers of account balances you have with another creditor ("Balance Transfers") is a fixed promotional rate as shown on page 1 of this Agreement and will remain in effect for your first eight billing cycles following the opening of your account ("Initial Rate Period").
The initial ANNUAL PERCENTAGE RATE for Purchases is a fixed promotional rate as shown on page 1 of this Agreement and will remain in effect for your first six (6) billing cycles following the opening of your account ("Initial Rate Period for Purchases").
After the Initial Rate Period, the ANNUAL PERCENTAGE RATE for Balance Transfers will change to the current rate shown on page 1 of this Agreement.
The Daily Periodic Rate for Balance Transfers during the Initial Rate Period is .0082%.