American Express Travel Related Services Company, Inc.

Fred Jubitz

Luckner Polycarpe

Joya A Mukherjee

Priyo B Chatterjee

Karen L Wong

Subhash C Khatri

Luigi E Merli

Caroline M Azimi-Pour

Jean-Paul D Ndong

Keye G Jin

Leena H Parikh

A method and apparatus are provided for a no pre-set spending limit transaction card with features and attributes of both a credit card and a charge card, including an overlimit spend feature and an associated communicated line of credit. The transaction card may carry a balance like a credit card and may require that a card user pay down the balance carried forward to the line of credit subsequent to the end of each billing cycle. When the user has reached or exceeded the communicated line of credit, each subsequent transaction request for a new transaction by the user is evaluated on a case-by-case basis by a process that includes execution an overlimit spend authorization logic or process.

Method and apparatus for a no pre-set spending limit transaction card

Growing community of inventors

Ridgewood, NJ, United States of America

Fred Jubitz