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Mesa Homeowners Card Partners with Lowe’s for New Perk
Another update to the recently launched Mesa Homeowners Card finds the company partnering with Lowe’s.
About the Lowe’s Benefit:
The Mesa Homeowners card has unveiled a new benefit that speaks to the product’s customer base. Now, cardholders can earn up to $120 per year (up to $30 per quarter) in credits when making Lowe’s purchases in-store or online. However, Mesa states that customers must have a MyLowe’s Rewards program account and connect their Mesa card to it in order to qualify. MyLowe’s Reward membership is free. Additionally, cardholders do need to enroll in this offer by going to the Mesa app and going to the Benefits tab.
This new perk seemingly replaces a previous benefit where cardholders could earn up to $25 per quarter in statement credits for purchases at any home improvement store. That feature is no longer listed on the Mesa Homeowners Card site.
More on the Mesa Homeowners Card:
With the Mesa Homeowners Card, customers can earn points on their mortgage payments. To do this, users can link the banking account they use to pay their mortgage. Then, after spending at least $1,000 on their Mesa card during their statement period, they’ll be awarded 1 point for every dollar of their payment, up to 100,000 points per year.
In addition to that unique aspect, the Homeowners Card also features other useful reward categories. Cardholders can earn 3x points on home-related purchases, including Home Decor, Home Improvement, Maintenance, Telecom & Utilities, and more. Additionally, the card earns 2x at gas stations and EV charging stations, 2x at grocery stores (excluding Target, Amazon, and Walmart as well as warehouse clubs), and 1x on all other purchases. These points can then be redeemed for statement credits, gift cards, and travel — although redemption options assess points at varying values.
Plus, the new Lowe’s credit is joined by other offers and benefits featured on the Mesa card. These include up to $65 per year on big box memberships, up to $10 per month for purchases from The Farmer’s Dog, up to $10 per month on eligible Wag purchases, up to $25 per job booked on Thumbtack (up to $200 per year), and more.
The Mesa Homeowners Card has no annual fee.
What They’re Saying:
In a statement about the new feature, Mesa co-founder and CEO Kelley Halpin said, “At Mesa, our mission is to make homeownership more affordable and rewarding. Home improvement is a significant investment for homeowners, and this benefit allows our members to save with one of America’s most trusted brands.” Halpin continued, “Our partnership with Lowe’s is designed to add even more value to homeowners with the Mesa Card.”
My Thoughts:
Speaking as a Mesa Homeowners Card customer myself, I’m perfectly fine with this update. After all, I’m effectively getting an extra $20 per year. I’m sure I’d feel differently if there weren’t a Lowe’s near me but, luckily, there is.
Having said that, I do have some questions and critiques in regard to how this benefit is being rolled out. First, although the press release notes that cardholders will be eligible for the credit once the Mesa card is linked to their MyLowe’s Rewards account, on the opt-in screen for this feature, it simply states members can enroll in the benefit, use their card to pay at Lowe’s, and they will see the statement credit. The fine print says that enrollment in MyLowe’s Rewards is required — but excluding that detail in the main section seems misleading.
On top of that, in my Mesa app, the original $100 Home Improvement Credit is still showing under my benefits and says “enrolled.” It also says I needed to enroll by March 31st (which I did), so perhaps early adopters will actually be able to retain this perk for the time being and double dip?
Presumably, I’ll get answers to these questions when I attempt to use my credit within the weeks ahead. But, in the meantime, I hope Mesa can clarify as they continue to tweak their offerings.
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