Homeowners in Mesa can now earn points on their mortgage payments with a new credit card offering.

The Mesa Homeowners Card, a groundbreaking new offering from Austin-based startup Mesa, is set to launch officially starting October 2023. This innovative credit card is designed specifically for homeowners, rewarding them for expenses related to running a home.

One of the standout features of the Mesa card is its partnership with Thumbtack, offering home maintenance credits. This partnership adds a unique twist to the card, as you're credited with points for a mortgage you already pay.

The Mesa card offers a rewarding points system. You can earn 3x points per $1 spent on home-related charges, 2x points per $1 spent at gas stations, groceries, EV charging, and utilities, and 1x point per $1 spent on a linked mortgage. The card also extends points earning to rental property expenses.

The Mesa card comes with no annual fee, making it an attractive option for homeowners seeking to manage their homeownership expenses. It also offers Visa Signature benefits, providing additional perks such as travel and shopping benefits.

Complementary big box retailer memberships, such as Sam's Club, are another benefit that comes with the Mesa card. Additionally, pet care credits with Wag! are available for cardholders, offering a helping hand with pet-related expenses.

The Mesa team, led by Ida Moore, Head of Commercial at Mesa, boasts a wealth of experience. Moore was a former leader at American Express, having led the way for the Membership Rewards program.

The Mesa card's points value is yet to be determined, but with the potential for transfer partners and the ability to redeem points in several ways, including gift cards, the Mesa travel booking portal, closing costs on a new home, and mortgages obtained through the Mesa marketplace, it's clear that this card offers significant value for homeowners.

While the exact details of the Mesa card's future transfer partners are yet to be disclosed, the Mesa team hinted at some solid value for cardholders. The card could potentially offset the cost of its loyalty program through average home loan fees and credit card balance interest payments.

The Mesa card is unique in the market, as it's the first homeowner membership platform of its kind. It's a potential choice for homeowners looking to maximise their rewards while managing their homeownership expenses.

Homeowners in Mesa can now earn points on their mortgage payments with a new credit card offering.