Patent ID: 8229846
Filing Date: 2012-07-24
Classification: G06Q

Abstract:
1. A computer-implemented method for rewarding mortgage customers of a financial institution with a reward payment amount, the method comprising: providing enrollment in a mortgage matching system to eligible mortgage customers, wherein eligibility requirements include the requirement that eligible mortgage customers hold both a mortgage account and a checking account with the financial institution; enabling the customers to make periodic mortgage payments from the checking account to the mortgage account; monitoring continued compliance with the eligibility requirements and submission of the periodic payments using a monitoring engine implemented by at least one computer processor; determining a reward payment amount to be made by the financial institution to each complying mortgage customer using a fulfillment engine implemented by the at least one computer processor, wherein the reward payment amount is a predetermined percentage of principal and interest paid by each complying mortgage customer during a predetermined time period; and transferring the calculated reward payment amount to a pre-selected location for each complying mortgage customer, wherein the pre-selected location is accessible to the corresponding complying mortgage customer.