-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 K7gzSoeatvUIrbVfXpBE4KfNlbVjkBHlZLe1OaMmKoPSVmwBupYJuK+5OfTM82zr
 fc+09ACsOIRGidzdWmtp+w==

<SEC-DOCUMENT>0001181431-05-024861.txt : 20050502
<SEC-HEADER>0001181431-05-024861.hdr.sgml : 20050502
<ACCEPTANCE-DATETIME>20050502182307
ACCESSION NUMBER:		0001181431-05-024861
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050428
FILED AS OF DATE:		20050502
DATE AS OF CHANGE:		20050502

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REWARDS NETWORK INC
		CENTRAL INDEX KEY:			0000078536
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				846028875
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		11900 BISCAYNE BLVD
		STREET 2:		STE 460
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33181
		BUSINESS PHONE:		3058923300

	MAIL ADDRESS:	
		STREET 1:		11900 BISCAYNE BLVD
		STREET 2:		SUITE 460
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33181

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IDINE REWARDS NETWORK INC
		DATE OF NAME CHANGE:	20020613

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANSMEDIA NETWORK INC /DE/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PIKES PEAK AMERICAN CORP
		DATE OF NAME CHANGE:	19840912

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HANDY F PHILIP
		CENTRAL INDEX KEY:			0001220577

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13806
		FILM NUMBER:		05792330

	MAIL ADDRESS:	
		STREET 1:		WCI COMMUNITIES INC
		STREET 2:		24301 WALDEN CENTER DRIVE
		CITY:			BONITA SPRINGS
		STATE:			FL
		ZIP:			34134
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd77081.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-04-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000078536</issuerCik>
        <issuerName>REWARDS NETWORK INC</issuerName>
        <issuerTradingSymbol>IRN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001220577</rptOwnerCik>
            <rptOwnerName>HANDY F PHILIP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>WINTER PARK CAPITAL COMPANY</rptOwnerStreet1>
            <rptOwnerStreet2>222 SOUTH PENNSYLVANIA AVENUE  SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>WINTER PARK</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>32789</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Unit Award</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-04-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4000</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a right to receive one share of common stock of Rewards Network Inc.</footnote>
        <footnote id="F2">Award issued for serving on the registrant's Board of Directors. Award subject to service vesting requirements as per Award Agreement. There is no expiration date of this Award. Award vest as follows: 4/28/2006 - 34%, 4/28/2007 - 33%, 4/28/2008 - 33%</footnote>
        <footnote id="F3">Represents the cumulative number of restricted stock units received to date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Bryan Adel as Attorney-in-fact</signatureName>
        <signatureDate>2005-05-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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