Joint redemption account

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United States of America Patent

SERIAL NO

11270670

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method of combining reward points from a plurality of rewards program accounts in a single rewards program into a joint redemption account is disclosed. The method comprises establishing a joint redemption or community reward account to which program members can contribute rewards points; allowing one or more contributing program members to contribute rewards points from their respective rewards program accounts to the community reward account; redeeming the points from the community reward account for a predetermined reward; and withdrawing the redeemed points from each contributing program member's rewards account according to that program member's contribution to the community reward account upon redemption of the points from the community reward account and not ever transferring points into another member's account to prevent to corporation from incurring incremental legal ownership risk.

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Patent Owner(s)

Patent OwnerAddress
LIBERTY PEAK VENTURES LLC1400 PRESTON ROAD SUITE 482 PLANO TX 75201

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hines, Mary C New York, NY 5 893
Kroner, David Woodcliff Lake, NJ 11 1036

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