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Kardashians Offer Prepaid MasterCard For Kids
Kim, Kourtney and Khloe Kardashian's latest business venture is a prepaid card aimed at teens.
Posted 11/ 12 10 at 1:00 PM | News, Money, Sales, Starting a Business, Consumer Products & Services, Financial Services, Retail, Show Business
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If you're looking for a model of fiscal responsibility, you probably wouldn't think of the Christian Louboutin-strutting, Chanel-toting Kardashian sisters. But the entrepreneurial trio of Kim, Kourtney and Khloe are backing the Kardashian Kard, a prepaid MasterCard for kids as young as 13.The Kardashian Kard website says teens can "enjoy the benefits of a credit card without the penalties, high interest rates and debt," but some consumer advocates are worried that such cards target impressionable youth and will not teach tenets of money management. The Kardashian prepaid MasterCard costs $99.95 for a year or $59.95 for six months, with a $7.95 fee per month thereafter -- fees that do not include money actually loaded on the card.
The Kardashians aren't the first celebrities with prepaid cards -- hip-hop mogul Russell Simmons launched the Visa RushCard in 2003.
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Comments (Page 1 of 1)
I guess the Kardashians think money grows on trees.. I gave my daughter a prepaid mastercard, (walmart) and it didn't cost me $99.00. It was $7.00 to pay for card FOREVER...That new Kardashian Kard is a RIP OFF..
They should have more consideration for parents of teenagers. I really like their show. But this to me is a RIP OFF..
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Are these the same Kardasian's that don't ask for receipts for their super responsible clothing purchases? What finance schools did they graduate from? Harvard?
With every card you get a free lap dance at one of these whore's houses. They entire family is made up of SLUTS. They have 2 in training.
My GOODNESS! $99.95 for a YEAR and $7.95 per month? That is absolutely ridiculous! I've used plenty of pre-paid cards, and NEVER paid that much money. What exactly are we paying for, a meet and greet with the 3 of them? No way.. I agree with Evelyn...this is a straight RIP OFF! I will stick with my Rush Card.
Girls please stick to what you know what child has 195.35 a year to pay your fees plus any overdraw fees. I see this venture as a crash and burn. Secondly showing off all you buy and what you pay for it really would turn off people with this bad idea. They say three heads are better than one but not in this case.
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