System and method for using a stored value account having subaccount feature
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United States of America Patent
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Mar 31, 2009
Grant Date -
N/A
app pub date -
Dec 11, 2001
filing date -
Dec 11, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A stored value account includes a general stored value field and may include at least one stored value sub-field. The sub-field may represent a category and include category-specific benefits stored in the sub-field by a issuer of the stored-value account. The category benefits may include discounts, loyalty points, merchant specific stored value or merchant promotions. The category represented may include a group of institutions, a location specific institution or a varied location institution. Both an institutional client and a consumer client may load value into the stored value account.
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