University National Bank Terminates Sales of Kardashian Prepaid Card

250 Kardashian Kard Holders To be Notified Of Refunds

Nov 29, 2010, 19:59 ET from University National Bank

ST. PAUL, Minn., Nov. 29, 2010 /PRNewswire/ -- All sales of the pre-paid Kardashian Kard -- launched by Kourtney, Kim and Khloe on November 9, 2010 issued by University National Bank through a contract with The Revenue Resource Group, LLC – are being terminated today, says University National Bank, the St. Paul, Minnesota-based bank.  

The 250 consumers who purchased the Kardashian Kard will be promptly notified that their cards will continue to be active for 30 days, at which time in compliance with bank regulations they will receive refunds of any balances and any pre-paid fees the cardholders may have incurred.  The bank will work with remaining Kardashian Kard holders to ensure a smooth transition so they experience as little inconvenience as possible.  

University National Bank is reviewing the agreement between The Revenue Resource Group, LLC and Dash Dolls, LLC to ensure all consumers are refunded all their pre-paid fees and card balances.

The Kardashian Prepaid card, launched on November 9, 2010, was a reloadable prepaid card that enabled cardholders, 18 years of age and up, to store funds that could be used anywhere MasterCard debit cards are accepted.  

SOURCE University National Bank