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Kulula credit card funnies

25 Aug 2009

For a company which is demonstrably competent in most respect, Kulula has a few odd business practises (and I'm not talking about the famous Kulula humour, which is much-loved by as part of their brand). I own a Kulula credit card and have my partner as a secondary cardholder. Together we spend some R30,000 a month (mostly business expenses). For this we earn Kulula moolah as follows:

monthly spend

You'll get back:

R0 - R5 000

= 3% back in kulula moolah

R5 001 - R10 000

= 2% back in kulula moolah

R10 001 - R20 000

= 1% back in kulula moolah

So we earn zero Kulula moolah for any spend above R20,000 in a month. For that reason it pays us to cancel the secondary credit card and rather each get our own Kulula credit card.