The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 20, 2014
Filed:
Mar. 16, 2010
Mary Carter Warren, Baltimore, MD (US);
Marc L. Fredman, Chicago, IL (US);
Kimberly L. Hoechst, West Chester, PA (US);
Douglas A. Filak, Kennett Square, PA (US);
James C. Steckart, Evanston, IL (US);
George W. Blossom, West Chester, PA (US);
Ron E. Jacobs, Wilmington, DE (US);
Donna M. Barrett, Wilmington, DE (US);
Donald H. Schmitt, Greenville, DE (US);
Bradley R. Strock, Landenburg, PA (US);
Kathleen H. Witsil, Kennett Square, PA (US);
Karen R. Ehemann, Newark, DE (US);
Katrina Dowidchuck, Wilmington, DE (US);
Mary Carter Warren, Baltimore, MD (US);
Marc L. Fredman, Chicago, IL (US);
Kimberly L. Hoechst, West Chester, PA (US);
Douglas A. Filak, Kennett Square, PA (US);
James C. Steckart, Evanston, IL (US);
George W. Blossom, West Chester, PA (US);
Ron E. Jacobs, Wilmington, DE (US);
Donna M. Barrett, Wilmington, DE (US);
Donald H. Schmitt, Greenville, DE (US);
Bradley R. Strock, Landenburg, PA (US);
Kathleen H. Witsil, Kennett Square, PA (US);
Karen R. Ehemann, Newark, DE (US);
Katrina Dowidchuck, Wilmington, DE (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
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.