Fairway To Offer Mortgage Payment Rewards Through Made Card Alliance

Fairway Home Mortgage will begin offering a credit card that rewards homeowners for making on-time mortgage payments through a partnership with New York–based fintech Made Card, which recently raised $8 million in a seed funding round.

The lender plans to market the product to its loan officers and branches this month, with a national launch slated for January 2026.

The Made Essential Visa Signature Preferred Card carries no annual fee and provides rewards not only on mortgage payments but also on home-related spending such as improvements, maintenance, furnishings, gas and groceries.

Perks include twice-per-year preventative maintenance visits from certified HVAC technicians, as well as price-match and purchase protections. Homeowners can redeem points toward future Fairway home purchases or refinances.

“By offering rewards tied to on-time mortgage payments and home expenses, we will provide our customers with the benefit of reducing costs on future refinance or purchase mortgages,” Mike Blake, president of capital markets at Fairway Home Mortgage, said a statement.

The card is issued by Lead Bank under a Visa license. Points can also be redeemed for traditional rewards such as cash back and gift cards.

Made said it’s backed by veteran credit card and mortgage industry executives, along with investors such as Jump Capital, Village Global, Recharge Capital and Soma Capital. It raised more than $8 million in what it described as an oversubscribed seed round co-led by Jump Capital and Village Global.

“Traditional rewards cards have long focused on travel and luxury perks, but for most households, those rewards feel out of reach or irrelevant,” Ashin Shah, CEO and co-founder of Made Card, said in a statement. “Mortgages and credit cards are the two most important financial products most consumers will ever use — but they’ve never worked together.”

Other mortgage lenders are also using rewards programs to extend customer relationships and drive future loan volume.

In October, United Wholesale Mortgage (UWM) announced it would offer rewards on mortgage payments through a partnership with Bilt, following UWM’s $100 million investment in the loyalty platform in July.

Separately, PayPal Holdings Inc. and Bilt Rewards plan to roll out a feature early next year, allowing customers to use PayPal’s Venmo to make rent and mortgage payments.

But mortgage lenders generally remain cautious about credit card risk and costs.

Rocket Companies — which launched its first credit card in 2023 to pull homebuyers and existing customers into its ecosystem — wound down its Rocket Visa Signature program in the second quarter of 2025.