What are the terms for introductory interest rates in ICICI Bank Times Black Credit Card?

Credit Cards ICICI
1

Does the card offer a lower or 0% interest rate for a limited period after approval?

2

ICICI Bank offers introductory interest rates, or APRs (Annual Percentage Rate), on credit cards for a limited time. This means that the interest rate is lower than the card’s regular APR. Sometimes, the introductory APR is zero percent.

What happens after the introductory period?

  • Once the introductory period ends, the card’s regular APR takes effect.
  • The introductory APR may apply to balance transfers, purchases, or both.

How does the introductory period work?

  • The introductory period allows you to spread out payments over time without incurring interest charges.