South Africa’s first low-cost carrier, kulula, has launched a new “jetsetter” loyalty program. Jetsetter members will earn between R10 and R40 in kulula moolah for every kulula flight segment that costs R200 or more. R1 kulula moolah is the equivalent of R1 and members can use accrued moolah to pay for flights — other products and services are expected to be added as redemption options soon. Awards are fully transferable and you can redeem kulula moolah for the full cost of the flight or use a combination of moolah and cash. There are no restrictions on award redemption and if there is a seat available, it is redeemable for an award. Unlike most frequent flyer programs, members will earn kulula moolah for flights booked for other passengers, allowing members to rack up some serious moolah on family trips. However, kulula moolah expires in six months so you will have to use it or lose it. The program also offers a kulula.com credit card and cardmembers can earn between one and three percent of monthly purchases in kulula moolah, depending on the total amount spent in a month.