Sentence examples for a token interest rate from inspiring English sources

The phrase "a token interest rate" is correct and usable in written English.
It can be used in financial contexts to refer to a nominal or minimal interest rate that may not reflect the true cost of borrowing or the market rate.
Example: "The bank offered a token interest rate to attract new customers, but the actual rates for loans were much higher."
Alternatives: "a nominal interest rate" or "a minimal interest rate".