Methods and systems for adjusting account terms based on purchase transaction information
First Claim
1. A computer implemented method for providing an incentive directed toward retaining a customer associated with a first financial account, the method comprising:
- providing a financial account offer of the first financial account to the customer, the offer having an account variable equal to a first account value if a number of purchase transactions associated with the first financial account during each of a plurality of predetermined contiguous time periods is greater than or equal to a threshold value for each of the plurality of predetermined contiguous time periods;
receiving an acceptance of the first financial account offer from the customer;
providing the first financial account to the customer;
setting the account variable equal to the first account value; and
monitoring the first financial account wherein each of the plurality of predetermined contiguous time periods has a corresponding number of purchase transactions wherein monitoring further comprises;
resetting the account variable equal to a second account value when a number of purchase transactions corresponding to a currently monitored one of the plurality of predetermined contiguous time periods are less than the threshold value, and resetting the account variable equal to a third account value when a) the number of purchase transactions corresponding to the currently monitored one of the plurality of predetermined contiguous time periods are greater than or equal to the threshold value, and b) a number of purchase transactions corresponding to a predetermined contiguous time period previously monitored in time and contiguous with the currently monitored one of the plurality of predetermined contiguous time periods were less than the threshold value.
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Accused Products
Abstract
Systems and methods are disclosed for providing a financial account. The disclosed systems and methods may include providing a financial account offer to a customer. The disclosed systems and methods may also include receiving an acceptance of the offer, providing the financial account, setting an account variable equal to a first account value, and monitoring the financial account. The monitoring may further comprise resetting the account variable equal to a second account value when a number of purchase transactions corresponding to a currently monitored time period are less than a threshold value. Furthermore, the account variable may be reset equal to a third account value when the number of purchase transactions corresponding to the currently monitored time period are greater than or equal to the threshold value and a number of purchase transactions corresponding to the previous time period were less than the threshold value.
43 Citations
27 Claims
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1. A computer implemented method for providing an incentive directed toward retaining a customer associated with a first financial account, the method comprising:
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providing a financial account offer of the first financial account to the customer, the offer having an account variable equal to a first account value if a number of purchase transactions associated with the first financial account during each of a plurality of predetermined contiguous time periods is greater than or equal to a threshold value for each of the plurality of predetermined contiguous time periods;
receiving an acceptance of the first financial account offer from the customer;
providing the first financial account to the customer;
setting the account variable equal to the first account value; and
monitoring the first financial account wherein each of the plurality of predetermined contiguous time periods has a corresponding number of purchase transactions wherein monitoring further comprises;
resetting the account variable equal to a second account value when a number of purchase transactions corresponding to a currently monitored one of the plurality of predetermined contiguous time periods are less than the threshold value, and resetting the account variable equal to a third account value when a) the number of purchase transactions corresponding to the currently monitored one of the plurality of predetermined contiguous time periods are greater than or equal to the threshold value, and b) a number of purchase transactions corresponding to a predetermined contiguous time period previously monitored in time and contiguous with the currently monitored one of the plurality of predetermined contiguous time periods were less than the threshold value. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for providing an incentive directed toward retaining a customer associated with a first financial account, the system comprising:
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a memory storage for maintaining a database; and
a processing unit coupled to the memory storage, wherein the processing unit is operative to provide a financial account offer of the first financial account to the customer, the offer having an account variable equal to a first account value if a number of purchase transactions associated with the first financial account during each of a plurality of predetermined contiguous time periods is greater than or equal to a threshold value for each of the plurality of predetermined contiguous time periods;
receive an acceptance of the first financial account offer from the customer;
provide the first financial account to the customer;
set the account variable equal to the first account value; and
monitor the first financial account wherein each of the plurality of predetermined contiguous time periods has a corresponding number of purchase transactions wherein the processing unit being operative to monitor further comprises the processing unit being operative to;
reset the account variable equal to a second account value when a number of purchase transactions corresponding to a currently monitored one of the plurality of predetermined contiguous time periods are less than the threshold value, and reset the account variable equal to a third account value when a) the number of purchase transactions corresponding to the currently monitored one of the plurality of predetermined contiguous time periods are greater than or equal to the threshold value, and b) a number of purchase transactions corresponding to a predetermined contiguous time period previously monitored in time and contiguous with the currently monitored one of the plurality of predetermined contiguous time periods were less than the threshold value. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A computer-readable medium which stores a set of instructions which when executed performs a method for providing an incentive directed toward retaining a customer associated with a first financial account, the method executed by the set of instructions comprising:
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providing a financial account offer of the first financial account to the customer, the offer having an account variable equal to a first account value if a number of purchase transactions associated with the first financial account during each of a plurality of predetermined contiguous time periods is greater than or equal to a threshold value for each of the plurality of predetermined contiguous time periods;
receiving an acceptance of the first financial account offer from the customer;
providing the first financial account to the customer;
setting the account variable equal to the first account value; and
monitoring the first financial account wherein each of the plurality of predetermined contiguous time periods has a corresponding number of purchase transactions wherein monitoring further comprises;
resetting the account variable equal to a second account value when a number of purchase transactions corresponding to a currently monitored one of the plurality of predetermined contiguous time periods are less than the threshold value, and resetting the account variable equal to a third account value when a) the number of purchase transactions corresponding to the currently monitored one of the plurality of predetermined contiguous time periods are greater than or equal to the threshold value, and b) a number of purchase transactions corresponding to a predetermined contiguous time period previously monitored in time and contiguous with the currently monitored one of the plurality of predetermined contiguous time periods were less than the threshold value. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27)
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Specification