System and method for redeeming rewards and incentives

US7370811B2 · kind B2 · utility

Assignee

• Capital One Financial Corporation · US

Inventors

• Jessica Turner · Alexandria, US
• Robert Greenberg · South 375th Place, US
• Chitra Jain · Glen Allen, US
• Eric D. Fox · Richmond, US
• Charles Rosenblatt · Richmond, US

Key dates

• Filing date: Jul 7, 2006
• Grant date: May 13, 2008
• Expiry date: Jul 7, 2026

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F7/025
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Transaction card comprising a substrate having a front face and a back face, a first magnetic stripe for storing data associated with a credit account, the first magnetic stripe being located along an edge of the back face, a second magnetic stripe for storing data associated with a rewards account, the second magnetic stripe being located along another edge of the back face, and account information located on the front face, the account information being associated with the credit account and the rewards account.