Qualification Year definition
Examples of Qualification Year in a sentence
The close of the Qualification Year is December 31, without regard to the time of the year that the Card Account is opened.
Medallion Status is calculated annually based on activity during a Qualification Year.
A Qualification Year is from January 1 to December 31 of a given year.
American Express relies on the transaction date submitted to us by the merchant, which may differ from the date you make a purchase, to determine whether the purchase counts toward the MQD threshold in that Qualification Year.
Basic Card Members can confirm their MQD progress for a Qualification Year by logging into their SkyMiles account on ▇▇▇▇▇.▇▇▇ or in the Fly Delta app.
MQDs will be deducted from the MQD Balance (and may result in a negative MQD Balance) for any returns or other credits, and Delta reserves the right to adjust, remove, or suspend Medallion Status if you return, reverse or charge back eligible purchases in a way that reduces your MQD balance below the threshold of any Medallion Tier for the preceding Qualification Year.
For example, if you make a purchase on December 31 and the merchant lists the transaction date as January 1 when they submit the transaction data to us, your purchase will be counted in the Qualification Year which began on that January 1.
MQDs earned during a Qualification Year are used to determine qualification for Medallion Status for the subsequent Medallion Year for the SkyMiles account associated with your Card Account.
MQD Boost You will earn one (1) Medallion Qualification Dollar (MQD) for each $10 of eligible purchases charged to your Card Account during a Qualification Year.
When you will forfeit miles If the Minimum Payment Due is not paid by Other things you should know about this program MQD Boost You will earn one (1) Medallion Qualification Dollar (MQD) for each $20 of eligible purchases charged to your Card Account during a Qualification Year.