It’s no secret that loyalty programs are huge businesses in and of themselves. With the end of the year upon us, many frequent flyers are scrambling to rack up those last few thousand elite qualifying miles towards next year’s status.
It should come as no surprise that airlines will often gladly sell you those last few thousand elite qualifying miles for a steep cost. Transactions don’t get much more “profitable” than outright selling elite qualifying miles, given that they can’t actually be redeemed for anything.
BUY MQMS. EARN MQDS.
Still hoping to reach Diamond, Platinum, Gold, or Silver Medallion® status for 2015? Good news—now through December 31, 2014, you can buy between 2,500 and 10,000 Medallion Qualification Miles (MQMs) that will post to your 2014 MQM balance and apply toward your 2015 status.
Even better, dollars spent toward purchasing MQMs will also be credited as Medallion Qualification Dollars (MQDs – U.S.-based members only), which will be posted to your 2014 MQD balance and will also apply toward your 2015 status.
Want to learn what it means to travel for an entire year with Medallion status? Discover the benefits.
MQMs and MQDs will post to your SkyMiles® account within 24 hours of purchase.
And don’t forget:
- MQMs purchased will be deposited to your 2014 MQM balance
- MQMs purchased through this offer are non-refundable
- Dollars spent toward MQM purchase will apply to your 2014 MQD balance
- The maximum MQMs that may be purchased for one SkyMiles account for the 2015 Medallion year is 10,000
How much is Delta charging for MQMs? For one of the eligible accounts I have access to, they’re charging the following:
- $1,025 for 2,500 MQMs
- $1,325 for 5,000 MQMs
- $1,775 for 7,500 MQMs
- $2,095 for 10,000 MQMs
Damn! In some cases over 40 cents per MQM?! But I guess that’s perfectly justifiable, since they’re generously also giving you Medallion Qualifying Dollars for your purchase. 😉
Really Delta should just make status exclusively based on revenue and put a “tip jar” on the website that lets you buy up to the next elite tier. It would probably be cheaper.
In all honesty, as I’ve said in the past, it’s almost always a better deal to just take a last minute trip if you’re short of status. If that’s absolutely not an option then it could still make sense to buy up to the next status level, crazy as these prices are.