23 August 2017
Matt White

Matt White

Matt White - Finextra

85Posts 320,282Views 177Comments
Whatever...

Whatever...

A place to share stuff that isn't at all fintec related but is amusing, absurd or scary.

Kazakhstan's super-rich get diamond studded credit card

03 November 2008  |  5298 views  |  0

The FT reports the launch of a new Mastercard credit card in oil and mineral rich Kazakhstan. Big deal, you may say, but this is no ordinary piece of plastic - it's inlaid with a 0.02 carat diamond and laced with gold.

To be issued by Kazkommertsbank, the card has a $1000 annual fee and $50,000 credit limit.

Predictably, the FT points out the incongruity of such a ridiculous piece of bling being launched as the world's financial system goes into meltdown. Even more predictably, others can't resist crowbarring Kazakhstan's least favourite son, Borat, into the story.

TagsCardsRetail banking

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job title North America editor
location Toronto
member since 2007
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