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Thursday, December 2, 2010

Kardashian Kard Goes Bust


Whoops! I guess putting your name and image on anything and everything you can get your hands on as a spokesperson is not a good idea after all, huh? Seemingly bent on conquering the world of Cha Ching and commerce in every which a way, shape and form, the Kardashian sisters latest business venture, The kardashian Kard, just blew right up in their faces. I'm guessing that momager extreme Kris was too busy lining up the girls next endorsements to read the fine print on this one? The debit card not only had a high annual fee, but also carried fees for everything from an adding money charge to a fee for speaking to customer service. Here is the list of fees according to http://money.cnn.com :

"While regular bank debit cards are typically free and don't charge any fees, a 12-month Kardashian Kard cost $99.95 just to own, including a card purchase fee of $9.95 and 12 monthly fees of $7.95. After the first year, consumers would have to continue to pay the $7.95 monthly fee.

On top of these initial fees, it cost Kardashian Kard users $1 every time they added money to their card, and it cost $1.50 to speak with a live operator. If they wanted to pay their bills automatically using the card, they were charged $2 per transaction."

Damn! I don't think even American Express has the balls to try to charge that many fees to own their card, and that's for credit! We can definitely chalk this up to yet another example of Kardashians Gone Wild.

Girls! I get that you all want to make every penny possible before your 15 minutes of fame run out, but do be a bit more discerning than this before signing your name on the dotted line! In this economy, even the rich are cutting back and trying to find the best deals and rates when it comes to financing. And any bubble gum popping, cleavage baring, 6 inch heel wearing fan of yours is going to feel the exact same!
I admire the hutzpah it takes to feel that you should have your own credit card in the first place. Hell, I'd like to see my own face on a credit card before I die. But this one was a bomb. A stinky bomb. Be lucky that you all were able to pull out of it with your reps still intact! ;)

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