I’d still do Kim, but this is actually pretty downright sickening. So remember those cheap-ass credit cards that the Kardashians released with their faces all over them? Turns out they were really pre-paid debit cards that were pumped full of ridiculous fees. So many, that a court debate led to the gals ending their little credit card venture.
“I am deeply disturbed by this card’s high fees combined with its appeal to financially unsophisticated young adults. In reality, no family can “keep up with the Kardashians” using this card,” read a letter from Connecticut Attorney General Richard Blumenthal to University National Bank, which issued the cards, in which the AG asked for a full accounting of how the card is supposed to work, including a list of all possible fees and transaction costs for using it.
Consumers Union, which publishes Consumer Reports, has also spoken out against the card, which costs $59.95 to activate for six months, plus $1.50 every time cash is withdrawn from an ATM, $1 per balance check and $1.50 for every customer service call.
On Monday, the nonprofit applauded the Kardashians’ decision to pull out of the venture, saying they “made the right call.”
“This card—or kard—appears to specifically target young adults in evoking the name and image of the Kardashian family who showcase lives of luxury and extravagance,” Blumenthal continued in a press release from his office. “Known for their reality show — Keeping up with the Kardashians—the family is marketing a dangerous financial fantasy.”
This actually makes me angry, as if these idiots don’t make enough from all the TV shows, sex tapes, their store, Lamar Odom’s salary, the radio show, their dead dad’s insurance payout and product endorsements; you have to charge a bunch of shady fees to broke ass 15-year-old girls? Totally f-ing lame! I would expect this from a credit card company, but not these rich b*tches.
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