Method and apparatus for processing a reward offer for a self-forming group
First Claim
1. A method comprising:
- transmitting an offer for a credit card, the offer for the credit card comprising;
an offer for a first reward to be provided to at least one consumer of a plurality of consumers in exchange for each consumer of the plurality of consumers accepting a respective credit card, in which the first reward comprises a first monetary amount;
an offer for a second reward in exchange for the plurality of consumers transferring at least a predetermined aggregate amount of funds to the respective credit cards; and
an offer for a third reward in exchange for each consumer of the plurality of consumers making a respective minimum payment within a first predetermined period of time.
6 Assignments
0 Petitions
Accused Products
Abstract
One embodiment of the present invention provides for: transmitting an offer for a credit card, the offer for the credit card comprising an offer for a first reward in exchange for each consumer of a group of consumers accepting a respective credit card, the group comprising a number of consumers that is greater than a predetermined number of consumers, the first reward comprising a first monetary amount, and the first reward to be donated to a beneficiary identified by the group; an offer for a second reward in exchange for the group transferring at least a predetermined aggregate amount of funds to the respective credit cards; and an offer for a third reward in exchange for: each consumer of the group of consumers making a respective minimum payment within a first predetermined period of time, and each consumer charging at least a predetermined minimum charge amount within a second predetermined period of time.
150 Citations
50 Claims
-
1. A method comprising:
transmitting an offer for a credit card, the offer for the credit card comprising;
an offer for a first reward to be provided to at least one consumer of a plurality of consumers in exchange for each consumer of the plurality of consumers accepting a respective credit card, in which the first reward comprises a first monetary amount;
an offer for a second reward in exchange for the plurality of consumers transferring at least a predetermined aggregate amount of funds to the respective credit cards; and
an offer for a third reward in exchange for each consumer of the plurality of consumers making a respective minimum payment within a first predetermined period of time. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
-
13. A method comprising:
-
receiving a request to accept a group, the group comprising a first peer and a second peer, the request to accept the group indicating at least one characteristic shared by the first peer and the second peer, and the request to accept the group indicating at least one reward preferred by the first peer and the second peer, receiving a request by the first peer for a first credit card account; and
receiving a request by the second peer for a second credit card account.
-
-
14. A method comprising:
-
transmitting an offer for a credit card account, the offer for the credit card account comprising an offer to register a group, the offer to register the group indicating a condition that a first peer agree to attempt to communicate with a second peer at least once during a first predetermined period of time, and the offer to register the group indicating at least one reward to be provided to the group in exchange for at least the first peer signing up for the credit card account. - View Dependent Claims (15)
-
-
16. A method comprising:
-
identifying a first account that is associated with a first account holder;
determining information corresponding to the first account, in which the information comprises transaction data;
determining whether a second credit card account is eligible for a reward based on the information corresponding to the first credit card account and at least one predetermined obligation, in which the second credit card account is associated with a second account holder, identifying at least one term associated with the second credit card account; and
adjusting the at least one term if the second credit card account is eligible for the reward. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45)
-
-
46. A method comprising:
receiving a request to form a group comprising a plurality of peers, in which each peer of the plurality of peers has agreed to attempt to communicate with at least one other peer of the plurality of peers during a predetermined period of time; and
receiving a request from one peer of the plurality of peers to open a financial account.
-
47. A method comprising:
-
receiving a request to form a group, the group comprising a first peer and a second peer, the request to register the group indicating a respective agreement by each of the first peer and the second peer to abstain from at least one behavior;
receiving a request by the first peer for an insurance account, the insurance account being associated with a premium amount;
receiving first behavior data corresponding to the first peer;
receiving second behavior data corresponding to the second peer;
determining whether the group has abstained from the at least one behavior based on the first behavior data and the second behavior data; and
decreasing the premium amount if the group has abstained from the at least one behavior.
-
-
48. The method of claim L, in which the at least one behavior includes at least one of:
-
consuming alcohol, using tobacco, and illegally operating a motor vehicle. - View Dependent Claims (49, 50)
-
Specification