SAVINGS AND REWARDS PROGRAM
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United States of America Patent
Stats
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N/A
Issued Date -
Aug 4, 2011
app pub date -
Feb 2, 2010
filing date -
Feb 2, 2010
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A method for providing a savings and rewards program includes receiving a selection of one or more transfer options for making automated funds transfers from a transferor account to a transferee account. A first amount of funds is transferred from the transferor account to the transferee account based on the selection. A determination is made, based at least in part on a comparison of a transferee account balance to a first threshold balance, regarding whether the customer is eligible for a first reward. The first reward is provided to a customer if it is determined that the customer is eligible. A determination is made regarding whether the customer has maintained a second threshold balance in the transferee account for a predetermined time period. The customer is provided with a second reward if it is determined that the customer has maintained the second threshold balance for the predetermined time period.
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