Patent ID: 8336764

Claim:
A method comprising: receiving, by a computer based system for issuing a transaction account, an instant transaction account application containing information about an applicant from an airline ticketing agency; developing, by the computer based system and to control fraud, an instant transaction account application authorization decision based at least in part on the instant transaction account application; developing, by the computer based system and to control fraud, an instant transaction account application authorization decision based on tenure of the applicant in a third party rewards program with respect to a transaction account issuer provided by the airline ticketing agency; and developing, by the computer based system and to control fraud, an instant transaction account application authorization decision based on comparing applicant provided instant transaction account application information and information associated with the rewards program provided by the airline ticketing agency, wherein the airline ticketing agency is not the transaction account issuer; providing, by the computer based system, an instant transaction account code in response to the authorization decision indicating approval of the instant transaction account application.