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Kardashians 'Terminate' MasterCard Deal

11/29/2010 6:30 PM PST BY TMZ STAFF

The Kardashian family has officially pulled the plug on the new "Kardashian Kard" -- a prepaid debit card backed by MasterCard -- over allegations that it's riddled with hidden, possibly illegal fees.

Kardashian MasterCard Kard

The family fired off a "Notice of Termination" to the companies behind the Kard moments ago -- stating they're sick of the "negative spotlight" since the Attorney General of Connecticut opened an investigation to determine if the Kard violates consumer protection laws.

The A.G. was concerned over several fees associated with the Kard -- which reportedly costs $9.95 to own ... plus 12 monthly fees of $7.95. It also costs $1.50 every time the owner wants to add money to the Kard.

In the letter, obtained by TMZ, Kardashian lawyers write, "The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults."

The lawyers claim the investigation "threatens everything for which [The Kardashians] have worked" -- so the family has decided to "terminate the agreement ... effective immediately."


102 COMMENTS

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31.

Nunya    

HEFFAS ARE ONLY TERMINATING THE CONTRACT BECAUSE THEY GOT CAUGHT..TRIFLING BITCHES!

1242 days ago
32.

JennyMac    

Of course they want out of this deal. It's making them look bad. Does anyone think they care about their fans? Didn't anyone read the fine print before they signed on? Or did they think that people wouldn't care about the fees? Do they not realize how bad the economy is? Everyone does not live their lifestyle.

1242 days ago
33.

Stacey    

If you wanted the Kard to appeal to young people it wouldn't have been riddled with fees that young people can't afford.

Dummies.

1242 days ago
34.

barbiemacs    

WOW...sex tape with someone pi**ing on you. Very heartwarming and what an example for all young girls. Their mom is their pimp and she has already started pimping the two younger ones so she will be supported. This whole family is a joke. The only reason they pulled out is because there is rumor the company is going to be sued and they dont want to lose any of their precious dollars...they knew about all the fees. Give me a break. They seen it as another way to get rich. If yu notice, they put their name on anything...as long as the $$ is there. They probably pay the paparazzi to take pics of them to keep them in the media.

1242 days ago
35.

Donna    

The Kardashian Family claims they come from Money yet they humiliate themselves in one moneymaking swindle after another. Most people go out of their way to avoid purchasing anything that benefits the Kardashian Family.

1242 days ago
36.

kp    

they only care about $$$$$$$$$$$$$$$$$$$$$$$$$

If they want to act surprised at how much money they could make off this deal------- they are stupid. like a fox
What a family

1242 days ago
37.

Throwback kid    

The Kardashian's are greedy s***! How many more houses and Bentley's do they need? Anyone who purchased this card which is a total rippoff is just helping them go on another shopping spree on their dime. Instead of always grabbing for the bucks, I would like to see the Kardashians donate some of their money to people who are poor and hungry. They are all about themselves

1242 days ago
38.

fastdriver    

TMZ- according to the articles here in CT, the Kard card costs $99.95 a year, NOT $9.95! ONE more example of the greed these people personify. WHITE TRASH!

1242 days ago
39.

Giggles    

Kim K positively influenced me to have my boobs hang out of too-tight clothes and make a p0rn tape. She was such a good influence.

1242 days ago
40.

rjinchi    

"The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults." PATHETIC - when did sucking xick on camera and selling it to the public become a positive persona for young adults?

1242 days ago
41.

Brad    

These are the biggest sluts in the country. They have banged every black guy in LA and probably have worms in their vagina.
If your daughter likes them, then you have failed miserably as a parent.

1242 days ago
42.

Steve    


In the letter, obtained by TMZ, Kardashian lawyers write, "The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults."


I guess that persona includes taking it in the ass from Ray J on video.

1242 days ago
43.

Throwback kid    

Do the Kardashian girls ever do charity work? I see them shopping, going on vacations and showing up at every red carpet event there is, but I never see them at a homless shelter or at a soup kitchen donating their time feeding people?

They wouldn't undertand this because they were never taught humility growing up. But it is just as rewarding helping someone who is down and needs your help as it is going shopping in Beverly Hills.


These girls seem to do nothing but shop, go on vacations and talk about themselves. I still can't figure out exactly what they do?

1242 days ago
44.

amused    

Wow, could you people whine about the Kardashians more? They did the "right" thing? These fees are completely normal for a prepaid card. I have been using them for years. It is actually cheaper to load these than even the Wal-mart version of the cards. It would cost more to get your kids the protected prepaid visa or mastercards from pretty much any distributor. Get a life cry babies.

1242 days ago
45.

ro    

"The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults."

Now that's hilarious! If they worked so hard to create the supposed public persona (ha!) why didn't they do their research before signing on? Dimwits. They saw dollar signs and their trashy mugs on a piece of plastic and that was enough to fuel their egos and seal the deal. Such smart business women. It's also hilarious how Kim is featured on the card and her two desperate sisters are in the background. Dead Eyes and Klo-HE will take any scraps that are thrown their way.

1242 days ago
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