Patent ID: 8560389

Claim:
A computer-implemented offer redemption method comprising: (a) storing information on a consumer and on a consumer's payment account associated with the consumer in a computer storage system; (b) receiving activation of an offer from the consumer covering a product or service or a purchase from a retailer prior to the consumer purchasing the product or service or purchase and storing it in the computer storage system; (c) linking the activated offer to the consumer's payment account after receiving activation of the offer from the consumer; (d) monitoring transactions made over a period of time in the consumer's payment account using the computer storage system; and (e) using the computer storage system to determine when the consumer has purchased the product or service or made a purchase from the retailer covered by the linked offer using the consumer's payment account, making payment for offer settlement to a payment processor managing the consumer's payment account to be automatically credited to the consumer's payment account using the computer storage system.