Jpmorgan Chase Bank, N.a.

Bank One, Delaware, National Association

George W Blossom

Marc Fredman

Kathleen H Witsil

Bradley R Strock

Donna M Barrett

Donald H Schmitt

Karen R Ehemann

Mary Carter Warren

Kimberly L Hoechst

Douglas A Filak

Katrina Dowidchuck

James C Steckart

Ron E Jacobs

Ron Jacobs

Donna W Barrett

Karen R Eheman

Marc L Fredman

Kim Hoechst

The present invention relates to methods for allowing an account holder to easily customize the terms of an account such as a loan account, an asset account, a mortgage account, an insurance account, or a brokerage account. Exemplary embodiments of the invention allow the user to specify various preferred terms such as cost (e.g., APR and annual fee), rewards programs, card design, affiliates, credit line, and payment due date, among others. The financial service provider issuing the account, e.g., the issuing bank, may make the various available terms for the account easily accessible to the user, for example through an internet website or an automated phone system, enabling the user to easily specify his or her preferences. The customization methods may be applied to the process of opening a new account or customizing an existing account. The customization methods may dynamically update the available terms as the user begins to select his or her desired terms.

System and method for establishing or modifying an account with user selectable terms

A selectable, multi-purpose card comprising a plurality of features stored in memory means operatively mounted on the card and selection means for allowing a user to select a feature in a few simple steps, preferably in a single step. In one embodiment the card includes a plurality of magnetic strips positioned on the card in a manner to allow swiping each magnetic strip separately using conventional reading devices. Each magnetic strip activates a different feature of the card. In another embodiment the card includes a programmable magnetic strip, a plurality of features stored in memory means mounted on the card, a plurality of buttons or contacts, and means for programming the magnetic strip with a different card feature. The card may also include a thin, flexible display.

Selectable multi-purpose card

A system is provided for facilitating computerized transactions. The system comprises an optically encoded personal information carrier. The carrier comprising a card readable in a CD-ROM drive. The card comprises optically encoded personal information related to a user, the personal information including an account number for one of a credit card and a debit card. A processing device comprises a CD-ROM drive for reading the optically encoded card, and a processor which may including browsing tools for allowing a user to view and select actions to be taken or items for purchase and transaction tools for allowing a user complete a selected transaction. Alternatively, the personal information carrier may include an optically encoded version of the browsing tools and the transaction tools.

Optically encoded card and system and method for using

A selectable, multi-purpose card is provided. The card comprises a plurality of features stored in a memory storage device operatively mounted on the card. The plurality of card features allows the card to function as multiple cards, and a selection device mounted on the card enables a user to select any of the plurality of card features in a single step. In one embodiment the plurality of card features comprises a transaction card feature and a security card feature. The card may also include a flexible display configured to display a security code. In some embodiments, the display may also be configured to display a remaining amount of account value.

A selectable, multi-purpose card comprising a plurality of features stored in a memory storage device operatively mounted on the card and a selection device for allowing a user to select a feature in a few simple steps, preferably in a single step. In one embodiment the card includes a plurality of magnetic strips positioned on the card in a manner to allow swiping each magnetic strip separately using conventional reading devices. Each magnetic strip activates a different feature of the card. In another embodiment the card includes a programmable magnetic strip, a plurality of features stored in the memory storage device mounted on the card, a plurality of buttons or contacts, and a device for programming the magnetic strip with a different card feature. The card may also include a thin, flexible display.

Growing community of inventors

West Chester, PA, United States of America

George W Blossom