{"id":12188,"date":"2025-12-15T00:08:27","date_gmt":"2025-12-15T00:08:27","guid":{"rendered":"https:\/\/jobuzo.com\/en\/mesa-shuts-down-credit-card-that-rewarded-cardholders-for-paying-their-mortgages\/"},"modified":"2025-12-15T00:08:27","modified_gmt":"2025-12-15T00:08:27","slug":"mesa-shuts-down-credit-card-that-rewarded-cardholders-for-paying-their-mortgages","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/mesa-shuts-down-credit-card-that-rewarded-cardholders-for-paying-their-mortgages\/","title":{"rendered":"Mesa shuts down credit card that rewarded cardholders for paying their mortgages"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages.<\/p>\n<p class=\"wp-block-paragraph\">A message on the Mesa website states that as of December 12, &ldquo;all Mesa Homeowners Card accounts are closed,&rdquo; adding, &ldquo;All credit cards have been deactivated and you are no longer able to make any new purchases or earn Mesa Points.&rdquo;<\/p>\n<p class=\"wp-block-paragraph\">A Mesa FAQ about the shutdown described this as &ldquo;a business decision to close the Mesa Homeowners Card Program entirely.&rdquo; TechCrunch has reached out to Mesa for additional comment on its future plans.<\/p>\n<p class=\"wp-block-paragraph\">The startup launched just over a year ago, in November 2024, with $9.2 million in funding ($7.2 million in equity funding and $2 million in debt). It offered two products &mdash; mortgage loans with 1% cash back, as well as the credit card with rewards including cash back, travel, and offset mortgage payments.<\/p>\n<p class=\"wp-block-paragraph\">At the time, CEO Kelley Halpin told TechCrunch that the startup had &ldquo;taken what everybody loves about travel and dining cards to re-contextualize that for the homeowner\/parent.&rdquo;<\/p>\n<p class=\"wp-block-paragraph\">In theory, you could earn points for home expenses by using any credit card with rewards, but Mesa said it structured its points program to incentivize spending related to home ownership.<\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p class=\"wp-block-paragraph\">&ldquo;So it&rsquo;s not rewarding you on travel and dining spend; it&rsquo;s rewarding you on gas, groceries, your HOA, utilities, home goods as well as your mortgage payment,&rdquo; Halpin said.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\" readability=\"5.3\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\" readability=\"24.75\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Bilt, which has a rewards card that allows customers to earn points on rent payments, says it will expand with points for mortgage payments when it launches a revamped card next year.<\/p>\n<p class=\"wp-block-paragraph\">Mesa&rsquo;s card shutdown has been covered by travel deals websites like One Mile at a Time and Upgraded Points, which say that Mesa cardmembers have been complaining about declined transactions for the past week, with the company initially claiming this was only a temporary outage.<\/p>\n<p class=\"wp-block-paragraph\">Now, it seems the only remaining way to redeem points earned on the Mesa card is through a statement credit at a rate of 0.6%.<\/p>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/migrant-acquitted-in-first-trial-over-us-border-military-zones\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div><p><sub>Mesa shuts down credit card that rewarded cardholders for paying their mortgages<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages. A message on the Mesa website states that as of December 12, &ldquo;all Mesa Homeowners Card accounts are closed,&rdquo; adding, &ldquo;All credit cards have been deactivated and you are no longer able to make any new purchases&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/mesa-shuts-down-credit-card-that-rewarded-cardholders-for-paying-their-mortgages\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Mesa shuts down credit card that rewarded cardholders for paying their mortgages&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":12189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/12188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=12188"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/12188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/12189"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=12188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=12188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=12188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}