Patent ID: 8131590

Claim:
A network-based system for allowing reward recipients to invest their rewards collectively comprising: one or more computer processors programmed to: provide over one or more computer networks reward information to a plurality of reward recipients, the reward information for each reward recipient comprising a reward balance associated with at least one financial account held by the reward recipient; store information corresponding to a plurality of investments, each investment having a number of available shares, wherein each share of each investment in the plurality of investments represents a portion of a total purchase price of the respective investment, and wherein an investment is open if it has at least one available share, and an investment is closed if it has zero available shares; generate one or more user interfaces on a computer display, the one or more user interfaces configured to permit reward recipients to make a selection to use at least a portion of their reward balance that is less than a total of their reward balance to be allocated shares of one or more open investments, and to permit reward recipients to make a selection to use at least a portion of their reward balance that is less than the total of their reward balance to be allocated shares of one or more closed investments from other reward recipients owning shares of the one or more closed investments; determine that all of the available shares for at least one of the one or more open investments have been allocated by the plurality of reward recipients; and purchase the at least one of the one or more open investments for a total purchase price when all of the available shares for the at least one of the one or more open investments have been allocated; and one or more storage devices that store the information corresponding to the plurality of investments.