Reward Program for Loan Accounts

An apparatus comprising:

• at least one memory device;
• and
• at least one processor coupled to the at least one memory and configured to perform, based on instructions stored in the at least one memory:
• generating a billing statement from a financial institution for a credit card account of a customer by accessing at least one memory device for billing information;
• determining whether the customer qualifies for a fixed reward during a calendar interval based on at least one payment criterion by accessing the at least one memory device for customer, wherein the fixed reward comprises a first fixed amount is adjustable based on a predetermined economic characteristic and wherein the determining is independent of a total purchase amount against the credit card account;
• when the customer qualifies based on the determining, directing a first fixed cash amount to a designated destination as indicated in account information stored in the at least one memory device;
• and
• subsequently adjusting the first fixed amount to a different amount based on a predetermined economic characteristic.

A non-transitory computer-readable storage medium storing computer-executable instructions that, when executed, cause a processor to perform:

• generating a billing statement from a financial institution for a credit card account for a customer by accessing at least one memory device for billing information;
• determining whether the customer qualifies for a fixed reward during a calendar interval based on at least one payment criterion, wherein the at least one payment criterion comprises making a minimum payment by a predetermined date over a predetermined number of billing cycles over the calendar interval;
• and
• when the customer qualifies based on the determining, directing a first fixed cash amount to a designated destination.