System and method for processing expiration dates for prepaid cards

A prepaid card processing system, comprising:

• a database for storing:
• program expiration parameters associated with an issuer prepaid card program;
• a set of card accounts created under the issuer prepaid card program, wherein a card account of the set of card accounts has an expiration date for a prepaid card;
• and
• one or more customized expiration parameters for the prepaid card associated with one or more prepaid card orders;
• a prepaid card application device operable to:
• determine the expiration date for the prepaid card associated with the card account based on the program expiration parameters and the customized expiration parameters;
• transmit a warning message in response to one or more of the customized expiration parameters not meeting predetermined criteria;
• and
• receive an override to the warning message.

A method for providing customized expiration dates of prepaid cards, comprising:

• transmitting program expiration parameters to establish a prepaid card program, wherein the program expiration parameters include default expiration parameters and custom acceptance parameters;
• transmitting a prepaid card order comprising one or more customized expiration parameters for a prepaid card for issuance in accordance with the prepaid card program, wherein one or more of the customized expiration parameters determine an expiration date of the prepaid card;
• receiving a confirmation of activation of the prepaid card when time to the expiration date of the prepaid card is greater than a predetermined time period;
• and
• receiving a rejection of activation of the prepaid card when time to the expiration date of the prepaid card is less than a predetermined time period.

A method for ordering prepaid cards with customized expiration parameters, comprising:

• accessing an interface of a prepaid card processing system;
• transmitting a prepaid card order under an issuer prepaid card program including customized expiration parameters, wherein the customized expiration parameters override default expiration parameters for the issuer prepaid card program to determine an expiration date of a prepaid card requested in the prepaid card order, wherein the customized expiration parameters comprise:
• a customized expiration date, wherein the customized expiration date defines an expiration date for the prepaid card;
• a customized recalculation parameter, wherein the customized recalculation parameter indicates that an expiration date should be recalculated for a replacement of the prepaid card;
• a grace period, wherein the grace period indicates a new expiration date for a replacement of the prepaid card;
• and
• an auto re-issuance period, wherein the auto re-issuance period defines a new expiration date for are-issuance of the prepaid card.