Method and system for distribution of unactivated bank account cards
First Claim
Patent Images
1. A computer-implemented method for distributing debit cards from a sponsoring bank, the method comprising:
- selecting recipients for the debit cards, wherein the selected recipients have not requested the debit cards, the selected recipients including recipients not holding a bank account with the sponsoring bank;
issuing, by the sponsoring bank, the debit cards as unactivated debit cards to each selected recipient, each unactivated debit card comprising embossed information, magnetic stripe information, or an electronic memory but the unactivated debit card not being associated with any underlying bank account at time of the issuing;
activating the unactivated debit card subsequent to the issuing at least by using computer processing components at the sponsoring bank for associating the unactivated debit card with a demand deposit account held at a linked bank that is different from the sponsoring bank, the activation including,receiving, at the sponsoring bank, from at least one selected recipient, an underlying account number for the demand deposit account at the linked bank, andassociating the underlying account number at the linked bank with an embossed account number on the unactivated debit card, the unactivated debit card containing all necessary information upon distribution for the unactivated debit card to become an activated debit card upon activation, the necessary information including the embossed account number;
receiving, at an authorization server, an authorization request for a card transaction initiated with the activated debit card, the authorization request being routed via a payment network;
approving the card transaction; and
electronically settling at least a portion of the approved card transaction with funds from the associated demand deposit account held at the linked bank.
3 Assignments
0 Petitions
Accused Products
Abstract
The invention comprises a method for distributing dead bank cards to customers who have not solicited a bank card or submitted an application. The dead bank card is a bank card (e.g., ATM card, debit card, check card, and the like) which contains all necessary information to be used, including a pre-assigned bank account number, and which only requires activation/approval by the prospective new bank account customer. In one embodiment, the dead bank card is distributed in connection with live credit cards issued to applicants for credit card accounts. Once operative, the bank card and the credit card may be linked together through a rebate/rewards program.
33 Citations
22 Claims
-
1. A computer-implemented method for distributing debit cards from a sponsoring bank, the method comprising:
-
selecting recipients for the debit cards, wherein the selected recipients have not requested the debit cards, the selected recipients including recipients not holding a bank account with the sponsoring bank; issuing, by the sponsoring bank, the debit cards as unactivated debit cards to each selected recipient, each unactivated debit card comprising embossed information, magnetic stripe information, or an electronic memory but the unactivated debit card not being associated with any underlying bank account at time of the issuing; activating the unactivated debit card subsequent to the issuing at least by using computer processing components at the sponsoring bank for associating the unactivated debit card with a demand deposit account held at a linked bank that is different from the sponsoring bank, the activation including, receiving, at the sponsoring bank, from at least one selected recipient, an underlying account number for the demand deposit account at the linked bank, and associating the underlying account number at the linked bank with an embossed account number on the unactivated debit card, the unactivated debit card containing all necessary information upon distribution for the unactivated debit card to become an activated debit card upon activation, the necessary information including the embossed account number; receiving, at an authorization server, an authorization request for a card transaction initiated with the activated debit card, the authorization request being routed via a payment network; approving the card transaction; and electronically settling at least a portion of the approved card transaction with funds from the associated demand deposit account held at the linked bank. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
-
-
20. A computerized method for distributing bank cards from a first bank, the method comprising:
-
selecting recipients for the bank cards, wherein the selected recipients have not requested the bank cards, the selected recipients including recipients not holding a bank account with the first bank; issuing, by the first bank, a bank card to each selected recipient, the bank card comprising embossed information, magnetic stripe information, or an electronic memory but the bank card not being associated with any underlying bank account at time of the issuing; activating the bank card subsequent to the issuing at least by associating, using computer processing components at the first bank, the bank card with a first bank account held at the first bank, the bank card containing all necessary information upon distribution for the bank card to become activated upon activation, the necessary information including an embossed account number; causing the recipients to associate the bank card with a second bank account held at a second bank that is different from the first bank wherein the embossed account number becomes associated with an underlying account number at the second bank upon activation; approving, by an authorization server, a card transaction initiated with the activated bank card; and electronically settling at least a portion of the approved card transaction with funds from the second bank account. - View Dependent Claims (21, 22)
-
Specification
-
- Resources
Litigation Campaign Assessment
Thank you for your request. You will receive a custom alert email when the Litigation Campaign Assessment is available.
×
-
Current AssigneeJP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
-
Original AssigneeJP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
-
InventorsCleary, Michael J., Clifton, David A., Ilijasic, Dean, Cohen, David C., Rodgers, Kristine K.
-
Primary Examiner(s)Borlinghaus, Jason M
-
Assistant Examiner(s)Fu, Hao
-
Application NumberUS11/780,930Publication NumberTime in Patent Office2,141 DaysField of Search705/35, 705/41, 705/38, 705/39, 705/42US Class Current705/35CPC Class CodesG06Q 20/10 specially adapted for elect...G06Q 20/1085 involving automatic teller ...G06Q 20/354 Card activation or deactiva...G06Q 40/00 Finance; Insurance; Tax str...G06Q 40/02 Banking, e.g. interest calc...G06Q 40/03 Credit; Loans; Processing t...
