System and method for providing loyalty card rewards through an alternate user financial instrument

Abstract

The present disclosure relates to comparison shopping and usage based service analysis for consumers, primarily for financial products. A consumer may not be aware of a provider's services, options, terms, conditions, costs, or how the service options change based on the consumer's particular usage characteristics. The disclosed comparison shopping method uses actual or predicted service usage data from the consumer. Service provider information is used to present the consumer with relevant alternative service offering options. Transaction data is gathered from a user's financial account and is analyzed for a savings opportunity indication. The analysis is used to match a savings opportunity from a database of savings opportunities, and the savings opportunity may be displayed in a statement of a user's financial account. Past responses to a savings opportunity indication may be gathered and analyzed. In one example, a savings opportunity is presented for use in a subsequent transaction.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application is a continuation of, and claims the benefit of the filing date of, U.S. patent application Ser. No. 13 / 082,751, filed Apr. 8, 2011; U.S. patent application Ser. No. 13 / 082,751 is a continuation-in-part of, and claims the benefit of the filing date of U.S. patent application Ser. No. 12 / 501,572, now U.S. Pat. No. ______, filed on Jul. 13, 2009; U.S. patent application Ser. No. 12 / 501,572 is a non-provisional of, and claims the benefit of the filing date of, Provisional Appl. 61 / 146,120, filed on Jan. 21, 2009. This application is also a continuation of U.S. patent application Ser. No. 13 / 082,591, now U.S. Pat. No. ______, filed on Apr. 8, 2011; U.S. patent application Ser. No. 13 / 082,591 is a non-provisional of and claims the benefit of the filing date of Provisional Application 61 / 388,680, filed on Oct. 1, 2010.[0002]Each of the above applications is hereby incorporated by reference in its entirety.BACKGROUND[0003]1. Fie...

AI Technical Summary

Problems solved by technology

While consumer comparison shopping for products is known, an unbiased way of comparison shopping for competing services is unavailable.

Also, the consumer may not be aware of how the service options change based on their particular usage characteristics.

The step of matching may be limited to savings opportunities near a user's identified location.

The step of presenting may be limited to savings opportunities near a user's identified location.

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