How should we use the
INTRODUCTORY value for the BankingProductLendingRateV2
For a credit card an introductory rate is common. A credit card typically has a cash advance and a purchase rate. Similarly, a credit card might have both an introductory cash advance rate and an introductory purchase rate. We would expect to use the rate type
INTRODUCTORY for each of these but include in the
AdditionalInfo field the description "Cash Advance" or "Purchase", as required.
Under the current schema, the approach you have described would be appropriate. If you believe the schema should be extended to accommodate more specific types of introductory rate, or believe that it would be appropriate to move the introductory flag from the enumeration to a separate indicator, then the DSB would welcome a change request.