Mesa shuts down credit card that rewarded cardholders for paying their mortgages

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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, “all Mesa Homeowners Card accounts are closed,” adding, “All credit cards have been deactivated and you are no longer able to make any new purchases or earn Mesa Points.”

A Mesa FAQ about the shutdown described this as “a business decision to close the Mesa Homeowners Card Program entirely.” TechCrunch has reached out to Mesa for additional comment on…



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Mesa shuts down credit card that rewarded cardholders for paying their mortgages


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, “all Mesa Homeowners Card accounts are closed,” adding, “All credit cards have been deactivated and you are no longer able to make any new purchases or earn Mesa Points.”

A Mesa FAQ about the shutdown described this as “a business decision to close the Mesa Homeowners Card Program entirely.” TechCrunch has reached out to Mesa for additional comment on…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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