Abstract: A system and method for providing pre-paid rebate cards. A rebate offer may be provided to a consumer in relation to a particular purchase. The consumer may then submit a request for redemption of the rebate. A rebate processing center may validate the request for redemption from the consumer and notify a financial institution of the request. The financial institution may subsequently issue the pre-paid rebate card to the consumer. In the case of a reusable rebate card, the financial institution may subsequently add value in the amount of the rebate to a pre-existing reusable rebate card. The financial institution may further fulfill payment obligations upon consumer use of the pre-paid rebate card.

Abstract: The present invention is a system and method for providing pre-paid rebate cards. The present invention may provide a rebate offer to a consumer in relation to a particular purchase. A consumer may then submit a request for redemption of the rebate. A rebate processing center may, among other rebate processing, validate the request for redemption from the consumer and notify a financial institution of the request. The financial institution may subsequently issue the pre-paid rebate card to the consumer. The financial institution may further fulfill payment obligations upon consumer use of the pre-paid rebate card. The present invention may include a three-party agreement between the merchant, the rebate processing center, and the financial institution. The agreement may also provide for the financial institution to indemnify the merchant and the rebate processing center from at least a portion of the risk and/or loss associated with the present system and method.