Fintech startup Mesa has closed its Homeowners Card program, ending all cardholder accounts and deactivating credit cards as of December 12. Mesa launched just over a year ago with $9.2 million in funding and offered mortgage loans with 1% cash back and a credit card with rewards. CEO Kelley Halpin aimed to reward spending related to home ownership, not just travel and dining. Bilt plans to expand its rewards card to include points for mortgage payments. Mesa’s shutdown has caused complaints from cardmembers about declined transactions, with the only redemption option being a statement credit at a rate of 0.6%.

Read more at Yahoo Finance: Mesa shuts down credit card that rewarded cardholders for paying their mortgages