SYSTEMS AND METHODS FOR AUTOMATIC REWARD REDEMPTION

摘要

Systems and methods are provided for enrolling a customer into a rewards program and allowing the customer to conveniently redeem reward benefits. Consistent with certain embodiments, computer-implemented systems and methods are provided for enrolling a customer into a rewards program. Enrolling the customer may include verifying the customer's credentials and allowing the customer to select categories of transactions and/or specific merchants for redeeming the reward benefits. Additionally, systems and methods are provided for redeeming the reward benefits. Consistent with certain embodiments, computer-implemented systems and methods are provided for determining the number of reward points or miles corresponding to cost of the transaction. Additionally, systems and methods are provided for crediting the account with the cost of the transaction. Systems and methods are also provided for determining a partial cash value for the credit when the reward balance is insufficient to cover the cost of the transaction.

主权项

1. A computer-implemented method for reward redemption, the method comprising:
receiving an indication that a customer initiated a transaction; determining a cost of the transaction; determining, by one or more processors, eligibility of the transaction for reward redemption; and when the transaction is eligible:
determining a credit for an account associated with the customer;debiting the cost of the transaction minus the credit from the account;sending a notification to the customer regarding the credit; andauthorizing completion of the transaction.