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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."


103 COMMENTS

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61.

Michelle Nelson    

Dear Kardashians,
You can say "no" to offers. While money is important, your character is far more valuable. Unfortunately, while your late father knew about O.J.'s horrific crime including the whereabouts of some of the evidence and even though he defended O.J. knowing completely that he was guilty, one can only imagine how disgusted he would be at the continuous profiting you ladies seem to celebrate at any cost.

I believe Kris to be the worst offender as not only does she whore herself out at any opportunity, she also whores out her older and younger daughters. With Kris as a role model, it is not a surprise then that the children would see their worth only as it relates to publicity and profit. Vulgar does not begin to describe this "family".

1426 days ago
62.

Jackie    

Wanna be relevant whores on the planet.The whole family is just disgusting.

1426 days ago
63.

West Vasquez    

kim worked LONG and HARD to make that PORN MOVIE that made her famous. That's right, I said it; FAMOUS FOR MAKING PORN MOVIES.

1426 days ago
64.

EDITA ON STEROIDS    

FANS TOO DUMB TO READ THE FINE PRINT?

1426 days ago
65.

EDITA ON STEROIDS    

idk who handles the business affairs of these women, obviously they didnt read what the deal was about. btw other countries charge people for an actual checking account in a whole different way than the usa, and it is more affordable for the people in these countries to use prepaid debit cards. should have went international.

1426 days ago
66.

Linda    

I can't stand these people, and woundn't watch their show if it was the last one on.They make me sick, money, money, is all they are after, while us poor people pray we have enought money to keep or lights on

1426 days ago
67.

What_    

You gotta tip your hat to kardashian inc. They at lease made some kind of profit off this card while they could. Point in case if you willing go into a store and buy a credit care or any kinda card that has to do with the transaction of money with out researching first the terms and conditions then you deserve what you get simple as that. Yep this family needs to find a hole and climb into it but this was a scam to begin with and people bought into it hook line and sinker, of course the Kardashian inc team as well as the girls duh"Kardashian inc".. knew what this card was about Kris is their manager she knew if not the girls if anyone doesnt believe that the girls are Kris didnt know about the large fee's and terms and conditions of this card I've a big golden bridge in the Mojave to sell to! This card as well as Mastercard which was the main player as well as the Dashian inc team did what it was ment to. Rack up and much profit that it could before the BBB or the monetary consumer watchdog groups would notice. And behold!they did both Mastercard and Dash inc got a nice chuck of change from the press of the card and people that were dumb enough to buy it. Now I bet this law suit will fall by the wayside because well Mastercard was involved all they have to do a settle out of court and poof problem solved the Kardashian wont have to pay a dime and well Mastercard can afford to lose a couple million it wont put a dent in their stock. So the moral of the story is this stuff happens all the time and works they just fot caught but the scam did what it was suppose to do.

1426 days ago
68.

Hime    

I don't see why this was a big deal...all of those prepaid cards have those fees. Try a Walmart visa card..exactly the same.

1426 days ago
69.

Tina    

HAHAHA!!! REALLY???? They think people are going to say ohhh how nice...Please they knew EXACTLY WHAT THE CARD WAS ABOUT- AND NOW THEY RECIEVED BAD PUBLICITY AND NOW THEY WANNA TURN IT AROUND SO PEOPLE STILL PURCHASE THEIR CLOTHES, PERFUME ETC, WOW THEY REALLY THINK WE R ALL MORONS LIKE THEM HUH?

1426 days ago
70.

lou    

GOOD for the Kardasians. It was the right thing to do. No sense having young kids cheated out of their precious money in order to be "like" the stars. Well done!

1426 days ago
71.

Caz    

Does this family not have morals? How on earth could you defend OJ Simpson? How could you as a mother encourage one daughter making and distributing a x tape, another daughter to stay in an abusive relationship and another in a fake one? WTF is Bruce doing in all of this? I'm so pleased to see all the negative comments on this hellhole of a family...keep calling this trash out for what they are...the tide is turning and hopefully they'll go away soon.

1426 days ago
72.

DB    

Who are they kidding? She started as a hooker, her family is nothing more then a booty call. None of them have any talent. Who follows them but plastic surgeons paying for endorsements, kids who watch porn and girls who want to be Jersey glam. Disgusting.

1426 days ago
73.

gerry    

CAN THEY PLEASE GO AWAY....

1426 days ago
74.

Alexa    

There's nothing like trying to put the scr*ws to their fans. Sc*mbags!

1426 days ago
75.

A    

ok. here's the thing.

i think it's way too overpriced.

however, SO IS EVERY OTHER THING OUT THERE!!

i have a card (for teens, mind you. yes. teens. who have trouble with money) that supposedly costs roughly 4.95 per month, and also costs about 1.50 to add money.

so where's our attorney general? huh? where? think about it. 3 kardashians and their people...they aren't making that much money....hmmmmmmm.

1426 days ago
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