Abstract: A reward system and method including a card issuing institution that issues debit or credit cards to cardholders. Each cardholder has a cash back account set up by the institution and a cash back program rewards its cardholders with a cash value dependent on the cardholder's usage of the credit or debit card and depositing the cash value in the cardholder's cash back account. The institution provides the identity of a provider of goods or services to a user and each cardholder has online access to the provider so that the cardholder can purchase goods or services from the provider upon accumulation of a predetermined amount of cash in the cardholder's cash back program. The institution provides an online clearing program for receiving sales information from the provider when a purchase is made by a cardholder and debiting the cardholder's cash with the amount of the sales information.

Abstract: A reward system and method including a card issuing institution that issues debit or credit cards to cardholders. Each cardholder has a cash back account set up by the institution and a cash back program provided by said institution rewards its cardholders with a predetermined cash value dependent on the cardholder's usage of the credit or debit card used by the cardholder and depositing said cash value in the cardholder's cash back account. The institution provides the identity of at least one supplier and each cardholder has online access to said supplier so that the cardholder can purchase goods or services from the supplier upon accumulation of a predetermined amount of cash in the cardholder's cash back program. The institution provides an online clearing program for receiving sales information from the supplier when a purchase is made by a cardholder and debiting said cardholder's cash in the cash back program with the amount of the sales information.

Abstract: A reward system and method including a card issuing institution that issues debit or credit cards to cardholders. Each cardholder has a cash back account set up by the institution and a cash back program provided by said institution rewards its cardholders with a predetermined cash value dependent on the cardholder's usage of the credit or debit card used by the cardholder and depositing said cash value in the cardholder's cash back account. The institution provides the identity of at least one supplier and each cardholder has online access to said supplier so that the cardholder can purchase goods or services from the supplier upon accumulation of a predetermined amount of cash in the cardholder's cash back program. The institution provides an online clearing program for receiving sales information from the supplier when a purchase is made by a cardholder and debiting said cardholder's cash in the cash back program with the amount of the sales information.