Mesa Pulls Plug on Mortgage Rewards Credit Card

A credit card that rewarded customers for making mortgage payments has been shut down after just over a year. 

Started in November 2024, the Mesa Homeowners Card was aimed at rewarding customers for spending related to homeownership including making mortgage payments. But that stopped on Dec. 12.

Effective Dec. 12, 2025, all Mesa Homeowners Card accounts were closed and all credit cards had been deactivated, according to a notice on the Mesa website. 

Mesa didn’t give many details behind its decision, but it would seem the card program wasn’t successful enough to keep going.

The company said it had made a business decision to close the entire Mesa Homeowners Card Program, and the decision was not a reflection of the individual credit status or payment histories of customers, Mesa told customers in a FAQ to consumers on its website. 

Meanwhile, renters can earn points when they pay their monthly rent with a Bilt credit card. 

But Bilt has had its share of troubles as well. In July, Wells Fargo cut ties with Bilt because the bank struggled to gain profits from the partnership. Wells Fargo hoped Bilt customers would open other accounts from Wells Fargo. But that wasn’t the case or at least not in sufficient numbers for Wells Fargo to continue the partnership.

The Wells Fargo Bilt Mastercard will end on Feb. 6, 2026. 

Bilt plans to launch the Bilt Card 2.0 with new partner Cardless on Feb. 7, 2026, which will allow cardholders to earn points on mortgage payments as well as rent. 

Cardholders also can earn rewards when the use the card for dining, travel, and everyday spending. Bilt 2.0 Card customers have the choice of three card options with annual fees of zero, $95, and $495. 

Another company betting on the appeal of getting credit card rewards for your on-time mortgage payments is Fairway Home Mortgage. The company has been marketing its new credit card through select loan officers and branches since November. A nationwide launch for the Made for Home card is set for January 2026.

In addition to mortgage payments, customers receive rewards for purchases they make in home improvements, home maintenance, home furnishings, gas, groceries and utilities, according to a Fairway Home Mortgage press release. The card comes with no annual fee. 

Customers may redeem the rewards they earn on the card toward lower closing costs on future refinancing or future purchases made with Fairway Home Mortgage.

Even as one company ends a credit card program that rewards on-time mortgage payments, two other companies are set to launch products in the new year that do just that. The appeal makes sense. Monthly mortgage payments are big expenses for consumers and getting rewarded for them could be welcomed if the card offer is right.