Patent ID: 7904386
Filing Date: 2011-03-08
Classification: G06Q

Abstract:
1. A method comprising: associating, by an account issuing system for depositing funds into a deposit account through use of a transaction account, the transaction account with the deposit account, wherein the account issuing system includes a processor and non-transitory memory; storing, by the account issuing system, an amount of funds to be deposited from the transaction account into the deposit account based on a cash back amount established for the transaction account; verifying, by the account issuing system, that criteria for receiving cash back from the transaction account issuer is met; verifying, by the account issuing system, the transaction account has a predetermined bill payment status; and automatically depositing, by the account issuing system, the cash back amount of funds from the transaction account into the deposit account, in response to both (1) the verifying the criteria is met and (2) the verifying the predetermined bill payment status is met.