System and method for establishing or modifying an account with user selectable terms
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United States of America Patent
Stats
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Mar 27, 2012
Grant Date -
May 24, 2007
app pub date -
Nov 8, 2006
filing date -
Nov 1, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Techniques for administering an account with a financial institution are disclosed. The financial institution may establish the account for the account holder. An account holder may execute purchase transactions using the account. A first and second affiliate may be associated with the account. Rewards information associated with the first affiliate may be calculated based on use of the account for purchase transactions. A compensation, to be provided by the financial institution to the second affiliate, may be calculated based on use of the account for purchase transactions.
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