System and method for funding an account and consolidating...

Details System and method for funding an account and consolidating... System and method for funding an account and consolidating...

2006-03-07

2006-03-07

Kyle, Charles R. (Department: 3624)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S014270

Reexamination Certificate

active

07010509

ABSTRACT:
The present invention is a method and system for providing for investments to be made on behalf of an individual by a financial institution based on the individual's overall relationship to the financial institution. The relationship consists of the number, types, and size of accounts the individual has with the financial institution and any other companies associated with the financial institution. In addition, the length of time the individual maintains any of the accounts is also considered in the relationship. The financial institution saves resources by retaining individual loyal to the financial institution with larger account amounts and then uses this savings to invest into an account that will increase in value over time so as to provide the individual with greater assets in the future.

REFERENCES:
patent: 5117355 (1992-05-01), McCarthy
patent: 5297026 (1994-03-01), Hoffman
patent: 5745706 (1998-04-01), Wolfberg et al.
patent: 5991736 (1999-11-01), Ferguson et al.
patent: 6009415 (1999-12-01), Shurling et al.
patent: 6026382 (2000-02-01), Kalthoff
patent: 6049782 (2000-04-01), Gottesman et al.
patent: 6243688 (2001-06-01), Kalina
patent: WO 93/12489 (1993-06-01), None
patent: WO 98/38562 (1998-09-01), None
“Discover Card Features . . . Cashback Bonus Award” Web archive document.

Affiliated with

Also associated with

Rating

System and method for funding an account and consolidating... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for funding an account and consolidating..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for funding an account and consolidating... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3566789