Would you let Kim Kardashian handle your child’s money?
Kim Kardashian’s new credit card steals candy (well, money) from babies (well, teenagers).
Kim Kardashian‘s new credit card, The Kardashian Kard, has a terrible pricing model. It’s a prepaid card, which means it targets kids. But it costs between $60 and $100 to activate—an unprecedented starter fee for prepaid cards.
Analyst Zilvinas Bareisis tells American Banker: “I am baffled – this card doesn’t seem to make sense at all, it appears to be targeted at teenagers, yet with ridiculous fees…read the rest.
hot on elephant
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