Systems and methods for automatic migration of a consumer between financial accounts

A method of utilizing financial accounts, the method comprising:

• receiving a first financial account from an issuer having a first account number, wherein the first financial account is associated with a consumer profile and wherein the first financial account is associated with trigger criteria preset by the issuer;
• conducting, using a portable consumer device including a computer readable storage medium, financial transactions on the first financial account electronically on a processor, wherein the issuer monitors account activity, including the financial transactions conducted on the first financial account, to determine that the trigger criteria is met;
• automatically receiving a second financial account from the issuer based on the trigger criteria being met by the account activity of the first financial account, including the financial transactions, wherein the second financial account is associated with the consumer profile;
• and
• conducting, electronically on the processor, financial transactions on the second financial account.

A server computer, comprising:

• a processor;
• and
• a computer readable medium, the computer readable medium comprising
• code for receiving a first prepaid financial account from an issuer having a first account number, wherein the first prepaid financial account is associated with a consumer profile and wherein the first prepaid financial account is associated with trigger criteria preset by the issuer;
• code for conducting financial transactions on the first account, wherein the issuer monitors account activity, including the financial transactions conducted on the first prepaid financial account, to determine that the trigger criteria is met;
• code for automatically receiving a second prepaid financial account from the issuer based on the trigger criteria being met by the account activity of the first prepaid financial account including the financial transactions conducted on the first prepaid financial account, wherein the second prepaid financial account has a second account number different than the first account number, and is associated with the consumer profile, and wherein the second prepaid financial account possesses upgraded account features, and
• code for conducting financial transactions on the second prepaid financial account utilizing the upgraded account features.