Catherine L Ogle

US Patent:

20020165808, Nov 7, 2002

Filed:

Mar 5, 2001

Appl. No.:

09/797678

Inventors:

Michael Zamsky - Arlington VA, US
Catherine Ogle - Powhatan VA, US
Janet Mitro - Richmond VA, US
Vijesh Iyer - Richmond VA, US
Kevin Kingston - Richmond VA, US
Derrick Joseph - Richmond VA, US

International Classification:

G06F017/60

US Classification:

705/035000, 705/001000

Abstract:

Methods and systems for administering a credit card account are disclosed. The method comprises defining a finance charge waiver period for each of one or more debits to the credit card account. For each debit, it is determined whether a finance charge waiver period associated with a debit has expired. Debits are added to a set of billed charges all debits for which the finance charge waiver period has expired. Finance charges accrue against all debits for which the finance charge waiver period has expired. Optionally, a customer may be provided with advance notice of debits for which the finance charge waiver period will soon be expiring.