Common use of Introductory Rates Clause in Contracts

Introductory Rates. Introductory Rate on Purchases applies through the end of either the 15th monthly billing cycle (for Regions Life Accounts) or the 12th monthly billing cycle (for Regions Prestige, Cash Rewards and Premium Accounts) after the Account is opened for all Purchases posted to the Account during the same period. When this Introductory APR terminates, any remaining balance that had been subject to the Introductory APR will accrue interest at the Standard APR for Purchases disclosed above, as it may be changed under the Agreement.