Ravi receives a credit card offer in the mail. The offer contains a low introductory rate. Although all of these are important factors, which of these should he investigate FIRST before accepting the offer?

The question is incomplete: The options include:

A) the cash advance and ATM features

B) the APR after the introductory period expires. is Correct

C) the type of card, such as secured, regular or premium

D) availability of special programs, such as frequent flier miles Ravi should investigate the APR after the introductory period expires because the initial APR often increases after a set period of time. Information about most features of a credit card offer are given in a disclosure box that must appear in all credit card solicitations.

Explanation:

The introductory rate is a low interest rate (often even the interest rate of 0 percent) which relates to your credit card bill in the first few months after you open it.

Applicants with good to excellent credit ratings are more often offered the discounted rates. In an ideal world, you pay off your debt until the introductory period of 0 APR ends.

If you could do it, you'll benefit from paying off interest-free debt.