System and method for administering a brokerage rebate card program

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6985873
APP PUB NO 20040215505A1
SERIAL NO

09761763

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A technique for administering a rebate program includes logic for generating rebate information based the purchase of goods and/or services using a card instrument. The technique further includes logic for applying a rebate, based on the rebate information, to fund at least part of a transaction performed by an brokerage service. In one embodiment, the brokerage service charges a fee to perform the transaction. In this case, the rebate is used to fund at least part of the transaction fee. The rebate therefore entitles the cardholder to perform a transaction free of charge. The rebate thus is converted to one or more 'free transactions,' and in a more specific application, one or more 'free trades.'

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Patent Owner(s)

  • JPMORGAN CHASE BANK, N.A.

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Sullivan, Kevin M Wilmington, DE 17 115

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