US 7,320,428 B2
Credit card account reward system and method
Michael A. Sisko, Windermere, Fla. (US); and Julian M. Benscher, Windermere, Fla. (US)
Assigned to American DreamCard, LLC, Windermere, Fla. (US)
Filed on Aug. 29, 2003, as Appl. No. 10/652,475.
Claims priority of provisional application 60/408135, filed on Sep. 04, 2002.
Prior Publication US 2004/0044577 A1, Mar. 04, 2004
Int. Cl. G07F 19/00 (2006.01)
U.S. Cl. 235—379  [705/14] 40 Claims
OG exemplary drawing
 
1. A method for providing a consumer rewards program based upon consumer transactions, the method comprising:
defining an account portfolio, the account portfolio including a plurality of customers;
storing transaction information for the plurality of customers covering a predetermined period;
determining at least one qualifying activity;
generating a plurality of entries into a contest, wherein the contest provides opportunities for participation by multiple customers by awarding each customer in the account portfolio an entry into the contest for each performance of the at least one qualifying activity;
selecting a single winning entry from the plurality of contest entries and identifying a winning customer associated with the winning entry;
determining an award which is proportional to an aggregation of the transaction information for the plurality of customers; and
presenting the award to the winning customer.