Dec 1, 2010
A few weeks ago, we gave you the scoop on the Kardashian Prepaid
MasterCard—a new debit card for kids backed by the Kardashian sisters. We never said it was a good idea, but as thorough journalists, we felt obliged to simply relay the facts. Well, turns out, it wasn’t a good idea. Why? Quite simply, after all the extra fees, chances are parents would have no money left to actually put on the card.
Here is a breakdown:
Cost to Run the Card: $7.95 a month. Fee to Add Money: $1. Cost Per Transaction to Pay Bill: $2. Public Outrage: Priceless.
So how does this all end? Turns out pretty easily—Kloe, Kim and Kourtney have pulled their famous name from the card.