rate tart

English

Etymology

rate, as in "rate of interest", and tart, UK slang for prostitute, referring to the promiscuity (in the sense of indiscriminate choice) of such a person

Noun

rate tart (plural rate tarts)

  1. (Britain, informal, somewhat derogatory) A holder of a credit card or bank account who frequently and intentionally changes providers to take advantage of an offer of a low interest rate established to attract new customers.

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