50,000 point bonus on a card with annual fee (ends Tuesday)

KEY LINK: Mesa Homeowners Card – 50,000 points after spending $12,000 in the first 3 months with code SEPT50. $0 annual fee. Offer expires September 30, 2025

Mesa’s new credit card aims to serve homeowners in a way few cards have: by rewarding your mortgage payments (yes, really). We have heard of a card that gives points for rent payments (Bilt) but this is really the first card that attempts to reward homeowners by giving points for mortgage payments.

I wanted to mention the Mesa card again because the current offer where you can get 50,000 points is ending tomorrow, Tuesday September 30th.

How the Mesa Homeowners Card Works

Mesa’s setup is unusual: you don’t literally charge your mortgage to the card. Instead, you tell Mesa how much your mortgage payment is (they verify it), and if you meet a $1,000 monthly spend requirement, they credit you 1× point per dollar on that mortgage amount.

Other earning categories include:

• 3× points: home and family expenses (home improvement, insurance, property tax, telecom, utilities, décor, daycare)

• 2× points: groceries, gas, EV charging

• 1× point: all other purchases

There’s also an annual cap of 100,000 points on the mortgage earnings.

Mesa sweetens the deal with statement credits / coupons for things like Lowe’s, Costco membership, pet care, and more.

And unlike many niche cards, Mesa points now have transfer partners, including Air Canada Aeroplan, SAS, Finnair, Accor, and more. That’s where you’ll find the most value.

Mesa Card Review – Welcome Offer

Mesa doesn’t always offer a big welcome bonus. In fact, for a long time there was none at all.

Right now, through September 30, 2025, there’s a limited-time 50,000 point bonus when you’re approved and spend $12,000 in the first 3 months using promo code SEPT50.

So if you’ve been considering getting the Mesa card, this is one of the few times they’ve run a meaningful signup offer.

Up to $800 in Statement Credits Each Year!

In addition to earning points, the Mesa Homeowners Card comes with a set of annual statement credits worth up to $700 per year. These credits are mostly for common homeowner expenses and are nearly unheard of for a card with no annual fee. Here’s what you can qualify for each year:

• $120 Lowe’s Credit – $30 per quarter – perfect for home improvement projects or everyday household needs.

• $65 Costco Membership Credit – Should cover the annual membership fees at Costco.

• $120 annual The Farmer’s Dog Credit – Fresh, healthy meals for your pup

• $120 annual Wag! Credit – On-demand pet care at your fingertips

• $100 Armadillo Home Warranty Credit – Helps offset services like plumbing, HVAC, or repairs.

• $200 annual Thumbtack Credit – Hire trusted pros for home projects

These credits reset each year and do not roll over if unused. For homeowners who already spend in these areas, they can represent real savings — and combined with the card’s no annual fee, it makes the Mesa Homeowners Card an unusually strong value.

The Catch: $1,000 Monthly Spend Requirement

Here’s the key rule:

• You must spend at least $1,000 in non-mortgage categories each billing cycle to unlock the mortgage rewards.

• If you don’t hit that, you won’t get any points for your mortgage that month.

That makes Mesa a “use it or lose it” card — not something you can stick in a drawer and forget about.

What Are Mesa Points Worth? It Depends

Not all redemptions are created equal. Here’s what you can expect:

• Statement credits: about 0.6¢ per point

• Gift cards: about 0.8¢ per point

• Travel portal: up to ~1.3¢ per point

• Transfer partners: potentially higher (this is the best option for most people)

If you’re only cashing out for statement credit, this card won’t be worth it. To get the best return, you’ll want to transfer points to travel partners.

Mesa Transfer Partners

One of the biggest improvements to the Mesa Homeowners Card is the addition of transfer partners. Instead of being stuck with low-value redemptions like statement credits, you can now move points directly to airlines and hotels.

Current partners include Air Canada Aeroplan, SAS EuroBonus, Finnair Plus, Accor Live Limitless, Air India Flying Returns, EVA Air Infinity MileageLands, Hainan Airlines, Thai Airways, Vietnam Airlines and TAP Portugal Miles&Go.

Transfers generally happen at a 1:1 ratio (except Accor which is 1.5:1), and if you’re familiar with other transferable currencies like Chase Ultimate Rewards or Amex Membership Rewards, the idea is similar. The best value usually comes from airline partners, especially Air Canada Aeroplan for Star Alliance flights, or EVA Air for premium cabin redemptions. Accor can also be useful if you prefer hotel stays, but the cents-per-point value is usually lower than airlines. If you’re willing to learn a bit about award travel, these partners make Mesa points much more powerful than cashing out for gift cards.

Who Should Consider the Mesa Card?

The Mesa Homeowners Card isn’t for everyone. It makes sense if:

• You have a large mortgage — the bigger the payment, the more points you can earn (up to the 100K annual cap).

• You already spend heavily in the 3× categories like property taxes, utilities, or contractors.

• You redeem points through travel transfers, not cash back.

• You can reliably meet the $1,000 monthly spend requirement without effort.

On the other hand, if your mortgage is small, or you don’t want to track a monthly spending requirement, Mesa may be more hassle than it’s worth.

The Bottom Line

KEY LINK: Mesa Homeowners Card – 50,000 points after spending $12,000 in the first 3 months with code SEPT50. $0 annual fee. Offer expires September 30, 2025

The Mesa Homeowners Card is unique. It’s the first no-annual-fee card that lets you earn rewards on mortgage payments — and with a solid travel transfer setup, it can be very rewarding for the right person.

Still, it’s not for everyone. The $1,000 monthly spend requirement makes it less of a “set and forget” card, and redemption values outside travel partners are weak.

If you’re a homeowner with a large mortgage and you can take advantage of travel transfers, Mesa is worth a look. And with the limited-time 50K welcome bonus, now may be one of the best times to apply.

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