Question

An introductory APR is the interest that applies to _____.

Answer 1

An introductory APR is the interest that applies to new applicants of a credit card as an incentive to apply for the card; offered by the credit card company.

After the introductory period is over, the APR will go up.

Answer 2

Answer: The answer is any combination of purchases, balance transfers and cash advances.

Step-by-step explanation: An introductory APR rate is defined as follows:

An introductory APR rate is defined as a rate given by credit card issuers to new customers for a particular period. APR rate is very low or most often 0% that applies to any combination of purchases, balance transfers and cash advances depending on the details provided by the by the issuer.

Thus, the answer is any combination of purchases, balance transfers, and cash advances.