System and method for automatically investing a portion of a credit card interest charged amount in an investment account
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United States of America Patent
Stats
-
May 30, 2000
Grant Date -
N/A
app pub date -
Nov 21, 1997
filing date -
Nov 21, 1997
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A system and methods for automatically investing, a portion of interest charged amount paid by the card issuer or the cardholder, on a credit card account, to an individual retirement account, taxpayer relief act of 1997 IRA, 'Roth Act' or 'Super IRA', college education IRA or spousal IRA (herein, collectively, 'IRA'), college savings account, 401(K) plan (with or without linkage to a company expense account credit card), dividend reinvestment program (in stock of the card issuing company or otherwise) or other investment feature.
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