Multiple use rebate card
View Patent ↗Methods for using a rebate card and preventing the retention of rebate value when the product that prompted the rebate is returned are disclosed. Methods for using the rebate card may be limited for use at a particular retailer and/or for a particular manufacturer's goods or services. Methods for preventing the improper retention of rebate value may comprise: determining the amount the customer paid for the product; determining if a rebate value was provided for the product being returned; deducting the amount of the rebate from the amount the customer paid for the product; and providing the remaining amount the customer paid for the product being returned to the customer. In some embodiments of the present invention, the amount of the rebate value that was provided based on the purchase of the product being returned may be deducted from the customer's rebate account. Additionally, rebate cards may be RFID enabled.
1. A method for using a rebate card to receive and use rebates, the rebate card provided to a customer during the purchase transaction prompting the rebate, the method comprising:
receiving a request to activate the rebate card at a central processor, the request received in response to a first purchase transaction for one or more products or services eligible for a rebate by a customer, the request to activate comprising an identifier uniquely associated with the rebate card;
determining during the first purchase transaction whether the first purchase transaction qualifies for a rebate;
determining during the first purchase transaction a rebate value based on the first purchase transaction and the rebate;
associating during the first purchase transaction a potential rebate value equal to the determined rebate value in a rebate card account associated with the rebate card;
after the first purchase transaction has been concluded and responsive to a determination that one or more of the products or services eligible for a rebate have not been returned or cancelled, making the potential rebate value in the rebate card account available for use;
receiving a request to apply funds from the rebate account to a second purchase transaction; and
reducing a balance of the rebate card account by an amount applied to the second purchase transaction.
2. The method of claim 1 , wherein the funds from the rebate account will only be applied to the second purchase transaction if the second purchase transaction take place at a particular retailer.
3. The method of claim 2 , wherein the particular retailer delivered the rebate card to the customer during the first purchase transaction.
4. The method of claim 1 , wherein the funds from the rebate account will only be applied to the second purchase transaction if the second purchase transaction is from a particular manufacturer or service provider.
5. The method of claim 4 , wherein the particular manufacturer is the manufacturer of at least one of the one or more products or services that qualified for the rebate in the first purchase transaction.
6. A method for using a Radio Frequency Identification (RFID) enabled rebate card to receive and use rebates, the rebate card provided to a customer during the purchase transaction prompting the rebate, the method comprising:
receiving a request to activate the RFID enabled rebate card at a central processor, the request received in response to a first purchase transaction for one or more products or services eligible for a rebate by a customer, the request to activate comprising an identifier uniquely associated with the RFID enabled rebate card;
determining during the first purchase transaction whether the first purchase transaction qualifies for a rebate;
determining during the first purchase transaction a rebate value based on the first purchase transaction and the rebate;
associating during the first purchase transaction a potential rebate value equal to the determined rebate value in a rebate card account associated with the rebate card;
after the first purchase transaction has been concluded and responsive to a determination that one or more of the products or services eligible for a rebate have not been returned or cancelled, making the potential rebate value in the rebate card account available for use.
7. The method of claim 6 , further comprising:
determining, via RFID communications, the rebate value based on the total value of products associated with a single manufacturer that are purchased during the first purchase transaction.
8. The method of claim 6 , further comprising:
activating the RFID enabled rebate card by associating the rebate value with the rebate account using RFID communications.
9. The method of claim 8 , further comprising:
associating purchase transaction information with the rebate account using RFID communications.
10. The method of claim 6 , further comprising:
receiving a request to apply funds from the rebate account to a second purchase transaction using RFID communications; and
reducing a balance of the RFID enabled rebate card account by an amount applied to the second purchase transaction using RFID communications.
11. The method of claim 10 , further comprising:
associating information from the second purchase transaction with the previous purchase transaction information using RFID communications.
12. The method of claim 6 , further comprising:
initiating a second purchase transaction for one or more products or services;
determining whether the second purchase transaction qualifies for a second rebate;
determining a second rebate value based on the second purchase transaction and the second rebate; and
adding the second rebate value into the rebate card account using RFID communications.