Abstract: In various embodiments, a frequency based reward system, method, and computer readable medium (collectively, the “System”) is provided. The System may comprise a reward program having a first portion and a second portion. The first portion may be configured to determine a first reward for a first transaction based on the amount of the transaction. The System may also be configured monitor a number of transactions associated with a transaction account. The second portion may be configured to determine a second reward in response to the number of transaction associated with a transaction account exceeding a threshold. The second reward may be a function of the total reward earned for all transactions associated with a transaction account for a period of time.