Systems and methods for enhanced accounts

• US 20050027652A1
• Filed: 07/19/2004
• Published: 02/03/2005
• Est. Priority Date: 07/18/2003
• Status: Abandoned Application

• Current Assignee: Eric Miller Reeves, Steven George Saltzman
• Original Assignee: Eric Miller Reeves, Steven George Saltzman
• Inventors: Reeves, Eric Miller, Saltzman, Steven George
• Application Number:
  US10/894,211
• Publication Number:
  US 20050027652A1
• Time in Patent Office: Days
• US Class Current: 705/39
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Systems and methods for enhanced accounts are described. One described method comprises receiving at least one user identifier associated with a user, receiving a savings plan member number associated with the user and with at least one savings plan, and receiving purchase data associated with the at least one user identifier, the purchase data comprising a purchase amount. The method further comprises receiving a credit amount associated with the purchase amount, determining a deposit amount for the at least one savings plan based at least in part on the credit amount, and causing the deposit amount to be deposited in the at least one savings plan.

Claims

1. A method comprising:

receiving at least one user identifier associated with a user;

receiving a savings plan member number associated with the user and with at least one savings plan;

receiving purchase data associated with the at least one user identifier, the purchase data comprising a purchase amount;

receiving a credit amount associated with the purchase amount;

determining a deposit amount for the at least one savings plan based at least in part on the credit amount; and

causing the deposit amount to be deposited in the at least one savings plan.

2. The method of claim 1, wherein causing the deposit amount to be deposited in the saving plan comprises changing a payroll deduction amount.

3. The method of claim 1, further comprising causing the credit amount to be added to an account.

4. The method of claim 3, wherein the account comprises an interest-bearing account.

5. The method of claim 1, wherein determining the deposit amount for at least one the savings plan comprises calculating a pre-tax equivalent of the credit amount.

6. The method of claim 1, wherein the user is an employee.

7. The method of claim 1, wherein the user is a customer.

8. The method of claim 1, further comprising receiving a service charge from at least one of a merchant and a card company.

9. The method of claim 1, wherein at least one the savings plan comprises a plurality of savings plans.

10. The method of claim 9, wherein each of the plurality of savings plans is associated with a credit allocation percentage and the deposit amount is determined based at least in part on the credit allocation percentage.

11. The method of claim 1, wherein the at least one user identifier comprises a card number associated with a member card.

12. The method of claim 11, wherein the member card comprises one of a loyalty card and a credit card.

13. The method of claim 1, wherein the at least one user identifier comprises a loyalty program participant number.

14. The method of claim 1, wherein the at least one user identifier comprises a plurality of user identifiers.

15. The method of claim 1, wherein the at least one user identifier comprises a card number.

16. The method of claim 1, wherein at least one the savings plan comprises one of a 401(k) plan, a 403(b) plan, a 457 plan, a healthcare savings account, and a 529 plan.

17. The method of claim 1, further comprising:

receiving a request for a status report associated with one or more of the at least one user identifier and the at least one savings plan;

generating the status report; and

outputting the status report.

18. A computer-readable medium on which is encoded program code, the program code comprising:

program code for receiving at least one user identifier associated with a user;

program code for receiving a savings plan member number associated with the user and with at least one savings plan;

program code for receiving purchase data associated with the at least one user identifier, the purchase data comprising a purchase amount;

program code for receiving a credit amount associated with the purchase amount;

program code for determining a deposit amount for the at least one savings plan based at least in part on the credit amount; and

program code for causing the deposit amount to be deposited in the at least one savings plan.

19. The computer-readable medium of claim 18, wherein program code for causing the deposit amount to be deposited in the saving plan comprises program code for changing a payroll deduction amount.

20. The computer-readable medium of claim 18, further comprising program code for causing the credit amount to be added to a to an account.

21. The computer-readable medium of claim 18, wherein program code for determining the deposit amount for at least one the savings plan comprises program code for calculating a pre-tax equivalent of the credit amount.

22. The computer-readable medium of claim 18, further comprising program code for receiving a service charge from at least one of a merchant and a card company.

23. The computer-readable medium of claim 18, wherein at least one the savings plan comprises a plurality of savings plans.

24. The computer-readable medium of claim 23, wherein each of the plurality of savings plans is associated with a credit allocation percentage and the deposit amount is determined based at least in part on the credit allocation percentage.

25. The computer-readable medium of claim 18, further comprising:

program code for receiving a request for a status report associated with one or more of the at least one user identifier and the at least one savings plan;

program code for generating the status report; and

program code for outputting the status report.