×

System and method to retain customers using rebate in combination with investment instruments to serve customers' long term financial needs

  • US 20020069150A1
  • Filed: 11/08/2001
  • Published: 06/06/2002
  • Est. Priority Date: 12/04/2000
  • Status: Abandoned Application
First Claim
Patent Images

1. A method of conducting an incentive program of retaining a customer using a rebate offered by a sponsor in combination with an investment account employing an investment instrument serving said customer'"'"'s long term financial needs, said method comprising the steps of:

  • a) establishing a credit based account with said sponsor for the benefit of said customer, or a′

    ) establishing a bank account with said sponsor for the benefit of said customer;

    b) providing an investment account employing said investment instrument arranged by said sponsor;

    c) funding said investment account of said customer using said rebate offered by said sponsor with a predetermined but periodically adjustable percentage of total amount of money that said customer has paid for purchasing goods or services from a merchant through said credit based account or said bank account in a particular period of time; and

    d) electronically transferring the amount of said rebate in a particular period of time to said investment account of said customer if a division of the amount of said rebate is not necessary, or d′

    ) electronically transferring a portion of the amount of said rebate in a particular period of time to said investment account of said customer and the rest of said rebate in a particular period of time to a match account, said match account employs the same said investment instrument as those selected by said customer for said investment account, if a division of the amount of said rebate is needed.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×