Consolidated membership/rewards card system

• US 20090037275A1
• Filed: 08/03/2007
• Published: 02/05/2009
• Est. Priority Date: 08/03/2007
• Status: Abandoned Application

• Current Assignee: Michael J. Pollio
• Original Assignee: Michael J. Pollio
• Inventors: Pollio, Michael J.
• Application Number:
  US11/888,983
• Publication Number:
  US 20090037275A1
• Time in Patent Office: Days
• US Class Current: 705/14.260
• CPC Class Codes: G06Q 20/363 with the personal data of a user
• CPC Class Codes: G06Q 30/0225 Avoiding frauds
• CPC Class Codes: G06Q 30/0226 Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems
• CPC Class Codes: G06Q 30/0235 constrained by time limit or expiration date
• CPC Class Codes: G06Q 30/0236 Incentive or reward received by requiring registration or ID from user
• CPC Class Codes: G07F 7/0866 by active credit-cards adapted therefor G07F7/1008 takes precedence

Abstract

A bank or credit card issuing authority provided consolidated membership/rewards card has standard credit card features including cardholder'"'"'s name, card number, expiration date, secret code and a permanently coded permanent magnetic strip. The card has a programmable second magnetic strip with inductors directly below the strip energized by a CPU in the card recording a merchant provided loyalty or discount number. The cardholder selects a merchant from a list displayed card screen by pressing up and down buttons and a ‘go’ button to program the second magnetic strip. A USB connector associated with the card is used for uploading merchant data from a personal computer and transmitting the card discount number to a USB enabled cash register. The cash register provides eligible discounts for purchases upon receipt of the card discount number by swiping the second magnetic strip or by establishing USB connectivity. Payment is made using the permanent magnetic strip of the card or by other payment means. Discounts and membership rewards are thereby provided to a cardholder without need for carrying a plurality of merchant issued membership/rewards cards. Credit card functionality facilitates immediate payment for the purchases made.

Claims

1. A consolidated membership/rewards card, comprising:

a. a card issued by a bank or credit card issuing authority, and having functionality of a conventional credit card;

b. said consolidated membership/rewards card having a battery powering a CPU, a memory, software resident in said memory, a USB connector, a flexible display, and a programmable second magnetic strip on the rear face of the card in a local opposite to that of said credit card permanent magnetic strip;

c. said consolidated membership card displaying from said memory a list of merchant names on said flexible display and a user selecting a merchant name by pressing up and down buttons and pressing go to magnetize said programmable second magnetic strip with a merchant provided loyalty or discount number and at the same time transmitting said number through said USB connection;

d. said consolidated membership card communicating said merchant provided loyalty or discount number to a check out cash register of the merchant upon swiping of said programmable magnetic strip or by establishing a direct USB link between said card and a USB enabled cash register;

whereby the user is provided with appropriate discounts on purchases made and payment for such purchases is effected by swiping said consolidated membership/rewards card permanent magnetic strip or other payment means.

2. A consolidated membership/rewards card as recited by claim 1, wherein said front face has imprinted or embossed thereon a card holder'"'"'s name, a unique credit card identification number, and a credit card expiration date.

3. A consolidated membership/rewards card as recited by claim 1, wherein said rear face indicates a secret card authorization printed code.

4. A consolidated membership/rewards card as recited by claim 1, wherein said permanent magnetic strip encodes said unique credit card identification number, together with secret codes provided by said bank or credit card issuing authority.

5. A consolidated membership/rewards card as recited by claim 1, wherein said flexible display is a liquid crystal, LCD, display.

6. A consolidated membership/rewards card as recited by claim 1, wherein said programmable magnetic second strip is magnetized by a plurality of induction loops directly below the programmable magnetic strip.

7. A consolidated membership/rewards card as recited by claim 6, wherein said programmable magnetic second strip is first demagnetized by passage of AC current through said plurality of induction loops directly below the programmable magnetic strip to erase a previously recorded merchant provided loyalty or discount number.

8. A consolidated membership/rewards card as recited by claim 1, wherein said card is connected to a personal computer using a USB connection to upload a text file that lists sequentially, merchant names and corresponding merchant discount or loyalty card numbers in a tab delimited format.

9. A consolidated membership/rewards card as recited by claim 1, wherein said card has a thickness of 0.8 mm at the permanent magnet strip and programmable magnetic strip location for insertion into a magnetic card reader.

10. A consolidated membership/rewards card as recited by claim 1, wherein said card has a thickness of in the range of 1 to 3 mm in the central portion of said card.

11. A consolidated membership/rewards card as recited by claim 1, wherein said other payment means includes cash payment, payment by check or payment by another credit card.