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Behaviour Encouragement Credit Card

IP.com Disclosure Number: IPCOM000176142D
Original Publication Date: 2008-Nov-06
Included in the Prior Art Database: 2008-Nov-06
Document File: 1 page(s) / 21K

Publishing Venue

IBM

Abstract

This article outlines the idea of a credit card that encourages certain behaviors from the individuals using the card by charging a predefined "fee" for all purchases that are against the goals set by the card holder that is stored in an escrow account owned by the card holder. The goal is to encourage desired behavioral habits and avoid negative behavioral habits.

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Behaviour Encouragement Credit Card

Today, many people have goals of modifying their behavior. Many times, though the person has good intentions, they may become discouraged from reaching such goals without influence from others. An example of this situation is healthy eating. A person may set a goal to change their eating habits. However, it is much easier and cheaper to

just stop by the fast food chain of choice and grab a cheeseburger and fries. Current

ways this problem can be solved is by hiring personal trainers,

                                         oining dieting clubs, or hiring a nutritional specialist. The draw back to these solutions is that it involves another person that eventually will not be around when a decision that is against the desired goal arises.

This article outlines the idea of a credit card that encourages certain behaviors from the individuals using the card by charging a predefined "fee" for all purchases that are against the goals set by the card holder that is stored in an escrow account owned by the card holder. The goal is to encourage desired behavioral habits and avoid negative behavioral habits.

The predefined "fee" charged by this card would have the intention of being a deterrent for poor decisions. The "fee" would be charged and kept in an escrow account associated with the credit card. When the individual using the card makes purchases that are against the intended behavior modification or goals set, that transaction is...