Family purchase card for developing financial management skills
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United States of America Patent
Stats
-
Nov 22, 2011
Grant Date -
N/A
app pub date -
Jul 14, 2008
filing date -
Jul 14, 2008
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Strategies, tools and techniques for establishing family purchase cards for customers of a financial institution are disclosed. The family purchase card may be established for a principal owner of a family in association with a household account held at the financial institution. The family purchase card may include a total purchase limit that can be allocated among one or more secondary purchase cards associated with various cardholders within the family. Different parameters may be configured for the secondary purchase cards, such as purchase limits, billing arrangements, activation or deactivation rules, and financial development milestone rules. The family purchase card may promote development of financial management skills and fiscal responsibility for various members of the family.
First Claim
Family
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