Method and system for reward points exchange between accounts
AssigneeSignature Systems LLC
InventorRichard Postrel
Life of this patent
Estimating the term…
Abstract
A system and method for operating a reward points accumulation and redemption program wherein a user earns rewards from a plurality of reward issuing entities, with each tracking the user's earned rewards. A trading server accumulates some or all of the user's earned rewards from of the reward servers and credits the accumulated rewards into a single reward exchange account associated with the user. The user may then select an item for purchase with the accumulated rewards. The item is provided to the user in exchange for a subset or all of the rewards. Reward points may also be redeemed in exchange for services, such as the playing of a video game or Internet access.
Claims4
1-29. (canceled)
A method of managing reward points comprising the steps of:
- a) establishing a reward point account directly with each of a plurality of reward points issuing entities,
- wherein each of said reward point accounts is stored on a reward server associated with the reward point issuing entity, and
- wherein each of said reward point accounts tracks points earned by the user for transactions between the user and the associated reward points issuing entity, and
- wherein each of the reward points issuing entities enables the user to selectively redeem points from the reward point account associated with the user for an item selected by the user,
- b) earning reward points from each of the plurality of reward points issuing entities, each of said reward points issuing entities tracking the user's earned reward points in the user's reward point account stored on the rewards server associated with the reward points issuing entity,
- c) establishing a reward exchange account on a trading server, said trading server selectively interconnected over a computer network with each of the plurality of reward servers,
- d) selectively designating at least some of said earned reward points from one or more of said user's reward point accounts for trading into the reward exchange account,
- e) accumulating the designated earned reward points from said reward point accounts into the reward exchange account associated with the user.
A method of managing reward points comprising the steps of:
- a) establishing a reward point account directly with each of a plurality of reward points issuing entities,
- wherein each of said reward point accounts is stored on a reward server associated with the reward point issuing entity, and
- wherein each of said reward point accounts tracks points earned by the user for transactions between the user and the associated reward points issuing entity, and
- wherein each of the reward points issuing entities enables the user to selectively redeem points from the reward point account associated with the user for an item selected by the user,
- b) earning reward points from each of the plurality of reward points issuing entities, each of said reward points issuing entities tracking the user's earned reward points in the user's reward point account stored on the rewards server associated with the reward points issuing entity,
- c) designating at least some of said reward points from a first one of said user's reward point accounts for exchanging into a second one of said user's reward point accounts via a computer network, and
- e) exchanging the designated reward points from the first one of said user's reward point accounts into the second one of said user's reward point account via the computer network.
A method of managing reward points comprising the steps of:
- a) a user earning reward points from each of a plurality of reward points issuing entities, each of said reward points issuing entities tracking the user's earned reward points in a reward point account associated with the user stored on a rewards server associated with the reward points issuing entity and interconnected to a computer network,
- b) designating at least some of said reward points from a first one of said user's reward point accounts for exchanging into a second one of said user's reward point accounts via the computer network, and
- c) exchanging via the computer network the designated reward points from the first one of said user's reward point accounts into the second one of said user's reward point account.
Dependencies are inferred from the claim text.