Here are the standard fees according to the card’s official website:
Card Purchase (with monthly fees for 6 months) $ 59.95
Card Purchase (with monthly fees for 12 months) $ 99.95
Monthly Fee (Applies after initial purchase period) $ 7.95
Card Replacement – Primary or Companion $ 9.95
The card is filled with gotcha fees and charges, such as $99.95 annual fees, $7.95 monthly fees (after the first year), ATM withdrawal fees, bill pay fees, loading fees — and even charges for talking to a live operator at their service center and a card cancellation fee.”
-A six-month plan for $59.95, nearly all of which goes to fees. The cost includes a $9.95 purchase fee, $5 minimum deposit and a $7.95 monthly fee for the duration of the plan. You “save” $2.70 in fees, as noted on the card’s website, when signing up for the six-month card.
-A 12-month plan for $99.95. This includes the same fees as the six-month plan, with the $7.95 monthly fee for the full year. In this case, you “save” $10.40 in fees over if you sign up for the full year.
In addition to those upfront fees, the card also charges:
-$1.50 for withdrawing funds at an ATM. That’s on top of the fee the ATM operator charges.
-$1 if an ATM or transactions is declined.
-$1 to check balances at ATMs.
-$1.50 to talk to a customer service representative.
-$9.95 to replace a lost or stolen card.
-$6 to cancel the card.
-$7.95 monthly fee for as long as the card is used after the initial six or 12 month period.
Nothing against the E network trio, but the Kardashian Kard is one of the dumbest marketing gimmicks I’ve ever heard.
But watch out. Not all cards are created equal. Just because there’s a familiar face on the card doesn’t mean the terms are good. And be skeptical of the word “free”. Just as ATM and overdraft fees in “free” checking accounts can hurt your balance, some cards can carry high fees that leave you with a lot less to spend, if you’re not careful.
Remember that grossly irresponsible prepaid teen credit card the Kardashian sisters had a party for last week? Well, it turns out Kim, Khloe and Kourtney set another bad example for their target customers when they were there by skipping the party before it was over.