"Qualifying rates" refers to the minimum standards or requirements that one must meet in order to be eligible for something, such as a loan, mortgage, or a particular service. Full definition
To receive airline miles, reservations must be made at qualifying rates. (fairmont.com)
Prices start at FREE with qualifying rate plan on two - year agreement. (tmonews.com)
Thing is, the contract rate is the equivalent of a discount rate — and, at present, about 200 basis points below the stress - test mortgage qualifying rate. (moneysense.ca)