Prepaid Card with Savings Feature

Abstract

A financial account system includes a stored-value card, a first financial account directly accessible via the stored-value card and a second financial account associated with the first financial account. Funds may be transferred between the first and the second financial account. The transfers between the first and the second financial account may be automatic, recurring, or one-time events and wherein the automatic, recurring, or one-time events may be transacted regardless of a current balance of the first financial account and/or the second financial account. The balances associated with the first and/or the second financial accounts may be used to collateralize loans.

What is claimed is: 
     
         1 . A financial account system, comprising:
 a stored-value card;   a first financial account directly accessible via the stored-value card;   a second financial account associated with the first financial account, wherein funds may be transferred between the first financial account and the second financial account.   
     
     
         2 . The financial account system of  claim 1  wherein the funds maintained in the first financial account and the second financial account comprise a consumer's financial interest. 
     
     
         3 . The financial account system, of  claim 2  wherein the consumer may only withdraw funds from the first financial account. 
     
     
         4 . The financial account system of  claim 1  wherein balances associated with the first financial account and/or the second financial account may be used to collateralize loans. 
     
     
         5 . The financial account system of  claim 1  wherein balance limits of the first financial account and the second financial account are determined by a stored-value card issuer, financial account manager, sponsor bank, or combinations thereof. 
     
     
         6 . The financial account system of  claim 1  wherein transaction codes associated with the second financial account are configurable to correspond to bank, issuer, and/or manager desired parameters. 
     
     
         7 . The financial account system of  claim 1  wherein the first financial account and/or the second financial may remain open and viable regardless of any timing issues and/or balance amount values. 
     
     
         8 . The financial account system of  claim 1  further comprising service agents, wherein the service agents may have an ability to effectuate any transaction and/or request associated with the stored-value card, the first financial account, the second financial account, or combinations thereof. 
     
     
         9 . The financial account system of  claim 1  wherein transfers between the first financial account and the second financial account may be automatic, recurring, or one-time events and wherein the automatic, recurring, or one-time events may be transacted regardless of a current balance of the first financial account and/or the second financial account. 
     
     
         10 . The financial account system of  claim 1  wherein interest is paid on the first financial account and/or the second financial account at times designated by bank, issuer, and/or manager desired parameters. 
     
     
         11 . The financial account system of  claim 1  wherein any component of the system may be provided to a consumer as an individual and/or stand-alone feature. 
     
     
         12 . The financial account system of  claim 1  wherein a consumer may purchase and/or establish the stored-value card, the first financial account, the second financial account, or combinations thereof with an amount designated by a stored-value card issuer, financial account manager, sponsor bank, or combinations thereof. 
     
     
         13 . The financial account system of  claim 1  wherein any fees associated with the system are configurable to correspond to bank, issuer, and/or manager desired parameters. 
     
     
         14 . The financial account system of  claim 1  further comprising one or more additional financial accounts associated with the first financial account and/or the second financial account, wherein all financial accounts may be associated and funds may be transferred between financial accounts. 
     
     
         15 . The financial account system of  claim 14  wherein the funds maintained in the financial accounts comprise a consumer's financial interest. 
     
     
         16 . The financial account system of  claim 14  wherein balances associated with the financial accounts may be used to collateralize loans. 
     
     
         17 . The financial account system of  claim 14  wherein balance limits of the financial accounts are determined by a stored-value card issuer, financial account manager, sponsor bank, or combinations thereof. 
     
     
         18 . The financial account system of  claim 14  wherein transaction codes associated with the financial accounts are configurable to correspond to bank, issuer, and/or manager desired parameters. 
     
     
         19 . The financial account system of  claim 14  wherein the financial accounts may remain open and viable regardless of any timing issues and/or balance amount values. 
     
     
         20 . The financial account system of  claim 14  further comprising service agents, wherein the service agents may have an ability to effectuate any transaction and/or request associated with the stored-value card, the financial accounts, or combinations thereof.