Mid-qualified surcharge
On a statement: MID-QUAL SURCHARGE
The middle tier on a tiered plan: transactions that didn't meet the processor's 'qualified' rules but weren't pushed all the way to non-qualified. Often rewards cards that were tapped or dipped. Part of this reflects genuinely higher interchange on rewards cards; the rest is processor margin dressed up as a card-type difference.
What a fair version looks like
$0 on interchange-plus. If you're on tiers, mid-qual plus non-qual together should be a small fraction of volume, not a quarter of it.
What 321 Swipe would do
Same fix as non-qualified: interchange-plus pricing makes the tiers disappear and shows you the true cost of each card.
See it on a statement
On our sample statement this line is $77.52 (0.85% × $9,120.00).
Is this on your statement?
Send it and we'll tell you — along with everything else on there that shouldn't be. A phone photo of the fee page is enough.