Below are the features and benefits as recorded by Archive.org’s Wayback Machine:
Kardashian Kard Program Details
What sets the Kardashian Kard apart from others?
• The Kardashian Prepaid MasterCard® serves as an individual bank account, FDIC insured up to
$250,000 per account.
• The Kardashian Prepaid MasterCard is not a stored value card, as the funds are not kept on the
card. Funds are kept in the bank account linked to the pre-funded card. If the card is lost, the funds remain in the bank account protected and secure. They are not lost like with traditional prepaid cards.
• No Overdraft Fees! With the Kardashian Prepaid MasterCard, the cardholder will never incur
exorbitant overdraft fees. Although new legislation to protect consumers went into effect August 1, 2010, this regulatory revision will not affect transactions using checks, bill pay, electronic (ACH) withdrawals, or recurring debit withdrawals (such as mortgage payments, insurance premiums, gym dues, etc.). Consumers remain at risk of incurring overdraft fees.
• When cardholders are issued a Kardashian Prepaid MasterCrad, they are also issued a
Mobile Mone account free of charge. The account is a virtual account with its own distinct account number, and is FDIC insured up to $250,000. Accountholders can store funds in their Mobile Mone account for transfer onto their Kardashian Kard at any time. Transfer of funds between the two accounts is instant, and free of charge. Accountholders can have their payroll loaded by direct deposit into either account, or split between the two accounts.
As an additional security measure, both the Kardashian Prepaid MasterCard and Mobile Mone accounts have separate account numbers specifically created for direct deposit only. Funds can be loaded into these accounts, but not withdrawn. Therefore, the Kardashian Kard cardholder never has to worry about providing confidential financial information to employers that could potentially be compromised.
• Kardashian Kard cardholder funds can be kept safely in the Mobile Mone account until needed.
As an example, the cardholder may choose to maintain a limited amount of money on their Kardashian Prepaid MasterCard such as $10.00, and then transfer funds from their Mobile Mone account onto their Kardashian Kard as needed for purchases, instantly and free of charge, using their mobile phone. Then in the event a transaction is attempted for an amount greater than the card balance, the cardholder is instantly notified by a text message and/or email on their mobile phone alerting them that a transaction was attempted and declined. Even if a criminal possesses the Kardashian Kard number and PIN code, they cannot steal money that is not stored on the card. According to the Nilson Report, losses due to credit and debit card fraud are expected to total over $10 billion by 2015.
• The Kardashian Prepaid MasterCard offers cardholders a low cost and convenient alternative to
Western Union and MoneyGram when sending money. Money can be sent securely and instantly anytime from the user’s mobile phone for $1.00.
• The Kardashian Prepaid MasterCard has a unique feature that allows the cardholder to share
money directly from the Kardashian Kard to any mobile phone, even if the recipient of the money does not have a Kardashian Kard. The cardholder simply shares the funds via their mobile phone to the recipient’s mobile phone number and the recipient receives a text message advising them that money was sent to them by the cardholder with a website address and access code to retrieve the money.
• The Kardashian Kard provides their cardholders with the unique ability to make instant ACH
transfer*, free of charge, from their checking or savings account to their Kardashian Prepaid MasterCard. This offering is outside of the banking industry norm, where pending transfers typically take anywhere from 24 to 72 hours for the origination of the funds to be confirmed and made available for use by the cardholder.
*Instant ACH transfers can be conducted very third day from the cardholder’s checking or savings account.
• Financial institutions set limits on cardholder accounts to protect them, as well as the cardholder,
from potential loss of funds resulting from theft or compromise. The Kardashian Kard allows cardholders to make cash withdrawals up to $500 per day and purchases up to $500 per day. Although these limits are sufficient for most cardholder daily needs, we are aware there may be situations that require the necessity for a purchase greater than the established $500 per day
limit. As a result, the financial institution, University National Bank, has provided Customer Service with the authority to increase daily purchase limits for a 24-hour period. The cardholder simply places a call to Customer Service to request an increase in their daily purchase limit.
No Credit Checks
No Overdraft Fees
No Minimum Balance
No Bounced Checks
The Mobile Resource Card Prepaid MasterCard is issued by University National Bank, pursuant to a license by MasterCard International Incorporated.
MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.
University National Bank is a member of the FDIC-Accounts are individually insured to $250,000 until December 31,2013
Revenue Resource Group, LLC. is a registered agent of University National Bank.
Copyright © 2010 Revenue Resource Group LLC. All rights reserved.