Patent ID: 7930229
Filing Date: 2011-04-19
Classification: G06Q

Abstract:
1. A computer-based system for managing transaction cards issued to respective users for their respective consideration-bearing financial accounts held at a financial institution, the system comprising a computer arrangement configured and programmed to: store data representing an amount of funds including funds in a consideration-bearing financial account held by a user at the financial institution; set a deferred-debit spending limit that is used to limit an available amount for transaction card deferred-debit purchases by the user; track transaction card deferred-debit purchases against the consideration-bearing financial account while deferring payment therefor from the consideration-bearing financial account; without directly comparing to an available amount of funds in the consideration-bearing financial account, verify that the deferred-debit spending limit has not been exceeded; provide for the user a consideration amount based at least in part upon usage of the transaction card; and for the billing cycle, responsive to the limited time period lapsing, automatically debit funds as consideration for payment against at least some of the deferred-debit purchases; and before the limited time period lapsing, increase the available amount and therein allow for additional deferred-debit purchases.