Patent ID: 8533111
Filing Date: 2013-09-10
Classification: G06Q

Abstract:
1. A computer implemented method for providing promotional pricing, the computer implemented method comprising the steps of: providing one or more promotional pricing offers to one or more customers who have one or more credit accounts, wherein at least one promotional pricing offer of the one or more promotional pricing offers is directed to a transaction comprising one or more of the following: receiving, by at least one computer processor, information associated with a plurality of transactions conducted by a customer of the one or more customers; determining, by the at least one computer processor, that at least one of the plurality of transactions associated with at least one credit account of the one or more credit accounts of the customer qualifies for the at least one promotional pricing offer based on at least one predetermined criterion, wherein the determination is performed upon completion of the transaction; creating, by the at least one computer processor, in response to the at least one promotional pricing offer, a first promotional bucket associated with the at least one promotional pricing offer and a default bucket; linking, by the at least one computer processor, the first promotional bucket and the default bucket with the at least one credit account of the customer; assigning, by the at least one computer processor, a balance incurred through at least one of the plurality of transactions to the default bucket and the first promotional bucket based on the determination; receiving, from the customer after the balances have been assigned, an alteration of the assignment of a balance from its assigned bucket to a second bucket, wherein the alteration comprises a request to transfer the balance from the assigned bucket to the second bucket and wherein the second bucket comprises any existing bucket associated with the at least one credit account of the customer; performing, by the at least one computer processor, the transfer of the balance; allocating, by the at least one computer processor, payments associated with the at least one credit account to the existing buckets according to a predetermined payment hierarchy, wherein the payments are allocated following processing of the payments; electronically communicating additional pricing information related to the at least one credit account of the customer, wherein the additional pricing information comprises information regarding at least one other promotional pricing offer to be applied to a new promotional bucket created in response to the at least one other promotional pricing offer and comprises one or more of the following: an annual percentage rate, a transaction fee, and a rewards amount; and wherein the at least one other promotional pricing offer is defined by at least one pricing feature comprising one or more of the following: and further wherein the at least one other promotional pricing offer is associated with at least one transaction type comprising one or more of the following: