Publication number: 20120066045
Abstract: A method for identifying and offering rewards is provided. A user's transaction history or category history, such as, for example, spending history, transaction history, merchant history, purchases history, services history, product history, channel history, frequency of spending history, SKU history, redemption history, reward earnings history, earning levels, reward categories, or currency type, currency history, customer responses to questions, and/or other data or information that enables identification of relevant rewards is determined. Next, at least one reward category based on the user's transaction history or reward category history is dynamically prioritized, and at least one top reward category based on the dynamic prioritizing of the at least one reward category is determined. Finally, the user is dynamically rewarded discounts, rebates, coupons, or other reward incentives based on the least one top reward category.
Type:
Application
Filed:
October 24, 2011
Publication date:
March 15, 2012
Applicant:
JPMorgan Chase Bank, N.A.
Inventors:
Donald H. Schmitt, Brian S. Gantert, Elizabeth Gula, Douglas A. Filak, Stacy M. Hamilton
Publication number: 20100179888
Abstract: The present invention relates to methods for allowing an account holder to easily customize the terms of an account such as a loan account, an asset account, a mortgage account, an insurance account, or a brokerage account. Exemplary embodiments of the invention allow the user to specify various preferred terms such as cost (e.g., APR and annual fee), rewards programs, card design, affiliates, credit line, and payment due date, among others. The financial service provider issuing the account, e.g., the issuing bank, may make the various available terms for the account easily accessible to the user, for example through an internet website or an automated phone system, enabling the user to easily specify his or her preferences. The customization methods may be applied to the process of opening a new account or customizing an existing account. The customization methods may dynamically update the available terms as the user begins to select his or her desired terms.
Type:
Application
Filed:
March 16, 2010
Publication date:
July 15, 2010
Applicant:
JPMorgan Chase Bank, N.A.
Inventors:
Mary Carter Warren, Marc L. Fredman, Kimberly L. Hoechst, Douglas A. Filak, James C. Steckart, George W. Blossom, Ron E. Jacobs, Donna M. Barrett, Donald H. Schmitt, Bradley R. Strock, Kathleen H. Witsil, Karen R. Ehemann, Katrina Dowidchuck