Is a
Patent attributes
Patent Jurisdiction
Patent Number
Patent Inventor Names
Aliza Freud0
Christine Lynch0
Dee McBride0
Date of Patent
March 22, 2011
0Patent Application Number
107085920
Date Filed
March 12, 2004
0Patent Primary Examiner
Patent abstract
The present invention provides a system and method for facilitating a bid transaction over a computerized network using a rewards account balance from any type of cash rewards program. In an exemplary embodiment of the present invention, a participant applies rewards from their rewards account to bid on items in a closed online auction over a computerized network such as the internet. The online auction is open only to participants of a sponsoring or participating cash rewards program and only bids made with accumulated cash rewards are accepted. Further, the present invention provides a system and method for facilitating online management of a rewards account by the participant.
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