Patent ID: 9646450
Date: 2017-05-09
CPC Classifications: G06Q,G07F

Claim:
1. A method of selectively immediately providing emergency cash or transaction payment funds from one of an ATM machine and a credit card reader respectively, with the use of multiple credit card embodiments in a multiple credit card embodiment system, the method comprising the steps of: a) a single financial institution credit card provider issuing to a single individual two credit card embodiments with two different card numbers, with opening of a single account with the two different card numbers and with each credit card embodiment being computer readable, with the two credit card embodiments both being directly linked to the single account, b) the single financial institution credit card provider designating a first credit card number for a main credit card embodiment with access only to a main credit line within the single account and making available the second card number for a secondary credit card embodiment, the secondary credit card embodiment having access only to a secondary credit line, within the single account, as an emergency available fund directly associated therewith, the secondary credit line comprising a predetermined percentage of the main credit line with the main and secondary credit lines being directly in the single account but configured for separate use by the main and secondary credit card embodiments respectively, c) the single financial institution credit card provider providing the main credit card embodiment and the secondary credit card embodiment being available, to the single individual, with the main credit card embodiment being activated with authorized verification and provided with a PIN to enable the main credit card embodiment, by entry of the PIN, to interact, with at least one of the ATM, for the disbursement of cash and the credit card reader for authorized payment of a sales transaction; the main credit card embodiment being activated only by the single financial institution credit card provider upon authorized confirmation of receipt thereof by the single individual, with the secondary credit card embodiment being unactivatable for said interaction, at all times while the main credit card embodiment is fully active for said interaction, d) when a main credit card credit limit is insufficient, for lack of funds, for a transaction with the ATM or credit card reader, the single individual is immediately advised of the insufficiency and the amount thereof, and with the single individual being aware of the amount of available emergency funds for use and only upon specific single individual's explicit request to the single financial institution credit card provider, and upon the single individual meeting pre-determined qualifying terms, the main credit card embodiment is deactivated only by the single financial institution credit card provider from effective transaction use and the secondary credit card embodiment, with the secondary credit line is activated only by the single financial institution credit card provider to be effectively used as the main credit card embodiment for disbursement of emergency cash or transaction payment with the following conditions: e)the steps in paragraph (d) are repeated multiple times, as necessary, and as sanctioned by the single financial institution credit card provider, wherein the ATM or credit card reader is configured to read the computer readable credit card embodiment, to: a) electronically access the single account to verify active status of the single account for completion of a normal transaction, and b) characterized in that, with the existence of the main and secondary credit card embodiments, the ATM or credit card reader is further configured to additionally identify the specific main or secondary credit card embodiment, in the single account, being used, and c) further identify real-time validity status of the card embodiment being used as being active or inactive with one of the main or emergency lines of credit and which of the main or emergency lines of credit is active for effective use, and d) if the computer read card embodiment is active for the identified active line of credit, to complete a transaction via at least one of the main or emergency lines of credit.