Originally Posted by
generikz
Another typical LCAH robot-like answer that totally miss the point.
They're very good at this :-)
The shareholder status is valid for one year (the card has an expiration month, previous ones had no expiration date at all) but as long as you qualify (Article 4 – Validity of membership) for the eligibility (Article 2 – Conditions of membership), you will get another year of Gold status.
In my view your interpretation is wrong.
Spot the difference: The terms and conditions say:
"
If, at the end of this period, the Member once again satisfies the conditions required for this Status level, the Status level is then renewed for an additional 12 months (365 days). If the Member does not satisfy these conditions during the current 12-month period, he/she will be given the Status corresponding to his/her activity calculated over the preceding 365 days at the end of this period.
the T&C clearly state conditions for
"Status Level", and not conditions for
"membership" in the Shareholder Club.