Systems and methods for administration of financial products

A computer system comprising:

• a server computing device configured with software in non-transient memory to:
• receive data related to a request to issue a financial transaction credit card to a customer;
• receive data indicating investment of funds by customers into corresponding long term investment financial accounts for each customer, wherein the financial accounts are configured by a computer-implemented method as a long term saving vehicle selected by the customers for investment;
• capture, by a point-of-sale (POS) terminal, a first set of credit card transaction information associated with use of the issued credit cards by customers when the customers spend credit available on their corresponding cards, the first set of credit card transaction information captured when the corresponding card is physically presented to the POS terminal;
• capture, by a website, a second set of credit card transaction information associated with use of the issued credit cards by customers when the customers spend credit available on their corresponding cards, the second set of credit card transaction information captured when the corresponding card information is provided to the website via a remote computing device of the user;
• receive the first set of credit card transaction information from one or more remote computing systems that connect the POS terminal to the server computing device;
• receive the second set of credit card transaction information from one or more remote computing systems that connect the website to the server computing device;
• process the received transaction information, a value attribution rate, and a current account value underlying the financial accounts and in response generate one or more outputs representing current reward benefits that presently accrue to the customers that provide additional spending resources to the customers, wherein the processing comprises generating amounts of reward benefits as a form of value received upon spending by customers from the customers' use of their credit cards;
• and
• transmit information communicating the reward benefits currently available for consumption by customers,
• wherein the process issues reward benefits for the customers' consumption, on the customer's financial transaction credit card, in response to the customers' use of their credit cards using the value attribution rate underlying the financial account, the value attribution rate based upon an untaxed reward benefits rate for the customer's financial transaction credit card and a taxed interest rate for funds deposited in the customer's financial account;
• and
• wherein:
• the server computing device comprising a credit card provider computing device and a financial institution computing device that divides the storage and administration of account information between the credit card provider computing device and the financial institution computing device, comprising:
• the credit card provider computing device, separate from the financial institution computing device, creates, stores, and administers credit card accounts for the credit cards;
• the financial institution computing device creates and administers the financial accounts and administers associated terms of rewards to be received from credit card usage based on individual financial accounts;
• wherein the financial institution computing device instantiates a financial product on the server computing device, creates a database configured to implement an electronic structural relationship between the financial institution computer device and the credit card provider computing device, the electronic structure of the financial product comprising the long term investment account, the credit card account, the rewards component, and an electronic relationship between the long term investment account and the rewards component that controls the rewards component in connection with usage of the associated credit card, wherein the financial institution computing device is configured to administer the financial product in the financial accounts, process and store deposits into financial accounts, process the financial accounts by applying the value attribution rate to an amount on deposit in the financial account and in response generates a maximum eligible reward amount for each financial account as a function of the corresponding deposited amount, generate a percentage to be used for cash back rewards from the value attribution rate, and transmits, over a network, a rate of return or a percentage to be used for cash back rewards, and the maximum eligible cash back amount for corresponding credit cards to the credit card provider computing device;
• and
• wherein the credit card provider computing device receives financial values for the transaction information from credit card transactions from POS terminals, and receives and processes the rate of return or the percentage to be used for cash back reward, and the maximum eligible cash back amount, tracks financial values of transactions on the credit cards, in response, the credit card provider computing device authorizes and configures the credit card for that customer to issue rewards available as cash back on the credit card in accordance with the specified attribution rate for the financial product, and processes the financial values with the percentage for cash back rewards and in response, generates a cash back reward benefit, authorizes and configures the cash back reward benefit on the corresponding credit cards;
• accumulates the cash back reward benefit onto the credit cards for current use on the corresponding credit cards;
• and compares the cash back reward benefit to the maximum eligible reward amount and in response, prevents additional rewards from being available on the cards;
• further wherein the server computing device processes received credit card transaction information and amounts on deposit in the financials account and generates two data streams from the processing, a first data stream comprising a deferred values stream applied to corresponding financial accounts and a second data stream comprising a current value stream from the reward benefits as a function of deposited amounts in the corresponding financial account and applied to current credit card transactions.