×

System and method for granting promotional rewards to credit account holders

  • US 9,990,642 B2
  • Filed: 09/01/2010
  • Issued: 06/05/2018
  • Est. Priority Date: 10/11/2002
  • Status: Active Grant
First Claim
Patent Images

1. A method for identifying and offering reward programs, comprising:

  • at least one computer processor identifying a first reward program that a customer is enrolled in, the first reward program having a first account and associated with a first reward offer;

    receiving, from the customer, authorization to product switch from the first reward program to a second reward program, the second reward program having a second account;

    the at least one computer processor establishing one or more conversion rules for transferring the customer'"'"'s rewards in the first account to rewards in the second account, wherein the one or more currency conversion rules comprises one or more specified reward program transfer pairs indicating an allowable conversion of rewards from the first reward program to the second reward program;

    the at least one computer processor converting rewards in the first account rewards in the second account based on a conversion rate and in real-time, wherein the conversion rate comprises a universal unit to facilitate conversion of the rewards from the first account to the second account;

    the at least one computer processor depositing the converted rewards to the second account;

    the at least one computer processor automatically terminating the customer enrollment in the first reward program once the converted rewards are deposited the second account; and

    the at least one computer processor transferring the first reward offer to the second reward program.

View all claims
  • 4 Assignments
Timeline View
Assignment View
    ×
    ×