Patent ID: 7899704

Claim:
A method of providing a rebate program, the method comprising: enrolling at least one member account; associating at least one rebate account with each enrolled member; having at least one merchant funding rebates for purchases made with an enrolled member account, said rebates being calculated based upon an established formula or sales incentive; receiving account purchase transaction information associated with a merchant funding rebates from at least one processor that tracks account purchases to provide account purchase transaction information; monitoring, by a third party, via at least one processor located at a location other than the location of the merchant, all of said account purchase information associated with a merchant funding rebates received from said at least one processor that tracks account purchases to determine whether or not the purchase transactions were consummated using an enrolled member account and qualified for a rebate; and applying a member's earned rebate monies to at least one rebate account associated with the member.