System and method for using cash rebates

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United States of America Patent

PATENT NO 7912777
SERIAL NO

10708592

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The present invention provides a system and method for facilitating a bid transaction over a computerized network using a rewards account balance from any type of cash rewards program. In an exemplary embodiment of the present invention, a participant applies rewards from their rewards account to bid on items in a closed online auction over a computerized network such as the internet. The online auction is open only to participants of a sponsoring or participating cash rewards program and only bids made with accumulated cash rewards are accepted. Further, the present invention provides a system and method for facilitating online management of a rewards account by the participant.

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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
Freud, Aliza Maplewood, US 13 594
Lynch, Christine Scarsdale, US 2 66
McBride, Dee Scottsdale, US 1 65

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