Design Highlights

• The Made Card allows homeowners to earn rewards on eligible mortgage payments, transforming a regular expense into a rewarding experience.
• Homeowners can earn 1X points for mortgage payments, while additional spending in select categories yields higher rewards like 3X points.
• Points earned can be redeemed for various benefits, including statement credits and reductions on closing costs, enhancing overall savings.
• The card features no annual fees, making it a cost-effective option for maximizing rewards on mortgage payments and other purchases.
• With purchase protection and extended warranty benefits, the Made Card offers added value and security for homeowners’ financial management.

Mortgage Rewards Credit Cards

Mortgage rewards credit cards are the unexpected heroes of the financial world. They swoop in to save the day for homeowners looking to score some extra perks on their mortgage payments. Yes, you heard that right—your monthly mortgage payments can earn you rewards. It’s like getting a treat for doing something you already have to do.

How does this magic work? Well, these cards are linked to mortgage accounts through nifty third-party services like Plaid. Cardholders connect their bank accounts to dedicated apps, which track and credit rewards. Simple enough, right?

Essentially, when you make your mortgage payment, you earn points—usually 1X points per dollar spent. Of course, there are caps based on your monthly payment amount, but who’s complaining about free stuff? Linking your mortgage through Fairway or Plaid makes it easier to manage your rewards.

Plus, homeowners can still use these cards like any standard credit card for everyday purchases. Fuel up your car or stock up on groceries and watch those points pile up. You can earn 3X points on gas and EV charging, capped at $10,000 a year. Grocery and utility purchases can net you the same, while home improvement spending gets you 2X points. Your mortgage payments? They’re still in the game, earning their flat 1X. Additionally, cardholders gain access to a virtual card number immediately upon approval, enhancing their shopping convenience even further. Installing security systems not only protects your home but can also reduce your homeowners insurance premiums by up to 20%.

And let’s not forget the bonus mechanics. If you spend in other categories, you can score mortgage matching points too. That’s right, every dollar spent can earn you bonus points toward your mortgage. But there’s a catch—those points cap at your monthly payment. Sorry, no hoarding here. Still, this clever little feature can rack up points pretty quickly if you know how to play the game.

When it comes to redeeming points, options are surprisingly varied. You could go for statement credits, gift cards, or even mortgage-specific redemptions like closing cost reductions. Points might not be worth a ton, but hey, a penny saved is a penny earned, right? Plus, these cards come with no annual fees! Seriously, what’s not to love?

With purchase protection and extended warranty benefits, these cards are a homeowner’s best friend. No one likes to lose money on a defective item.