Anyway, they pulled the card off the market due to outcry over the out-sized fees that the sisters were charging.
Here's a sample:
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.
Apart from that, the sisters only managed to sell 250 cards in the month the product was live.
from cnnmoney.com
No comments:
Post a Comment