Invention Grant
- Patent Title: System and methods for purchase reward investment communities
- Patent Title (中): 购买的制度和方法奖励投资社区
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Application No.: US11783051Application Date: 2007-04-05
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Publication No.: US08131590B1Publication Date: 2012-03-06
- Inventor: Michael D. Armstrong
- Applicant: Michael D. Armstrong
- Applicant Address: US VA McLean
- Assignee: Capital One Financial Corporation
- Current Assignee: Capital One Financial Corporation
- Current Assignee Address: US VA McLean
- Agency: Hunton & Williams LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q40/00

Abstract:
Purchase rewards account holders accumulate rewards currency. A network-based investment management system allows account holders to purchase shares in investments using reward currency. When all the shares for a particular investment have been purchased, the underlying investment is acquired. Account holders owning shares in an investment may sell shares to other account holders through the system. Account holders are thereby able to invest their rewards dollars in investments typically requiring cash or cash equivalents and to grow their rewards currency.
Information query