rate tart
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English
[edit]Etymology
[edit]rate + tart i.e., rate, as in "rate of interest", and tart, UK slang for a prostitute, referring to the promiscuity (in the sense of indiscriminate choice) of such a person.
Noun
[edit]rate tart (plural rate tarts)
- (British, 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.