METHOD FOR MANAGING CONSUMER ACCOUNTS AND TRANSACTIONS

摘要

A method and system permits a consumer to access one of a plurality of existing credit card accounts belonging to the consumer. The system includes at least one transaction network configured to route credit card or ACH/debit card transactions. A compilation credit card is associated with the plurality of existing credit card accounts of the consumer. A compilation card service provider has a compilation card database that stores information about the plurality of existing credit card accounts belonging to the consumer and a consumer preferences database that stores predefined preferences of the consumer. The compilation card service provider is accessible by the at least one transaction network. Either the compilation credit card or the compilation card service provider is configured to select one of an existing credit card account among the plurality of existing credit card accounts to which to charge a particular transaction based on the predefined preferences.