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Multiple party reward system utilizing single account

  • US 6,327,573 B1
  • Filed: 12/31/1998
  • Issued: 12/04/2001
  • Est. Priority Date: 12/31/1998
  • Status: Expired due to Term
First Claim
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1. A reward method comprising the steps of:

  • entering an account identifier from a card presented by a cardholder;

    retrieving, in response to the account identifier, a customer record associated with said account identifier, said customer record including account information identifying a plurality of sub-account holders;

    identifying at least one sub-account holder who is present with the cardholder;

    transacting with at least one of said present sub-account holders;

    calculating a reward level;

    allocating, to at least one of said present sub-account holders, at least a portion of said determined reward level; and

    updating said retrieved customer record.

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