Portable multifunction device with multiple applications

Abstract

A system and method for operating a reward points accumulation and redemption program wherein a user earns reward points from a plurality of independent reward points issuing entities, with each tracking the user's earned reward points in a user reward point account stored on a multi-function card (such as a frequent flyer account or a credit card loyalty account). The multi-function card is adapted to aggregate some or all of the user's earned reward points from the reward accounts and credit the aggregated points into a single reward exchange account on the multi-function card. The user may then select an item for purchase with the accumulated reward points from the multi-function card. The item is provided to the user in exchange for a subset or all of the reward points from the multi-function card.

1 - 34 . (canceled) 
     
     
         35 . A portable device comprising processing circuitry, program storage, data memory, and a user input device; wherein
 a plurality of transaction applications are stored in the data memory; and   the processing circuitry is programmed via instructions in the program storage to
 initially select a default transaction application from the plurality of transaction applications for executing a transaction, 
 provide an option to override the default transaction application with a different transaction application from the plurality of transaction applications, 
 receive via the user input device a user selection to override the default transaction application with a different transaction application, and 
 override the default transaction application with the different transaction application selected via the user input device for executing the transaction. 
   
     
     
         36 . The portable device of  claim 35  wherein the user input device comprises a button. 
     
     
         37 . The portable device of  claim 35 , wherein the data memory comprises a reward account that stores rewards associated with the selected transaction application. 
     
     
         38 . The portable device of  claim 35 , wherein the plurality of transaction applications comprises a credit card application. 
     
     
         39 . The portable device of  claim 35 , wherein the plurality of transaction applications comprises a debit card application. 
     
     
         40 . The portable device of  claim 35  comprising a smart card. 
     
     
         41 . The portable device of  claim 35  comprising a peripheral device. 
     
     
         42 . A method of using a portable device for executing a transaction comprising
 storing in a data memory of the portable device a plurality of transaction applications,   processing circuitry of the portable device initially selecting a default transaction application from the plurality of transaction applications for executing a transaction,   the processing circuitry providing an option to override the default transaction application with a different transaction application from the plurality of transaction applications,   the processing circuitry receiving via a user input device on the portable device a user selection to override the default transaction application with a different transaction application, and   the processing circuitry overriding the default transaction application with the different transaction application selected via the user input device for executing the transaction.   
     
     
         43 . The method of  claim 42  wherein the user input device comprises a button. 
     
     
         44 . The method of  claim 42 , wherein the data memory comprises a reward account that stores rewards associated with the selected transaction application. 
     
     
         45 . The method of  claim 42 , wherein the plurality of transaction applications comprises a credit card application. 
     
     
         46 . The method of  claim 42 , wherein the plurality of transaction applications comprises a debit card application. 
     
     
         47 . The method of  claim 42  wherein the portable device comprises a smart card. 
     
     
         48 . The method of  claim 42  wherein the portable device comprises a peripheral device. 
     
     
         49 . The portable device of  claim 35  wherein the default transaction application is initially selected from a user profile. 
     
     
         50 . The method of  claim 42  wherein the default transaction application is initially selected from a user profile.