Better Home & Finance Company (NASDAQ: BETR) announced the Better Home Equity Card at Stripe Sessions 2026. The prepaid debit card allows homeowners to access funds from their Better home equity line of credit through Stripe's financial infrastructure.

The card connects to a secured Better HELOC and provides immediate access to approved funds through a dedicated financial account. Cardholders can earn 1% cashback on eligible purchases. Cross River Bank issues the prepaid debit cards.

According to the company, US homeowners hold $21.4 trillion in tappable home equity, with more than 85 million consumers having a median of $276,000 in available capital. Non-mortgage debt has reached $857 billion, with the average homeowner carrying $8,900 in debt.

"Homeowners are sitting on $21.4 trillion in equity and reaching for a credit card to pay for a kitchen renovation or backyard upgrade because the tools to access their equity haven't evolved," said Vishal Garg, CEO and Founder of Better.

The card differs from traditional credit cards by drawing from secured home equity rather than unsecured revolving credit. Stripe's infrastructure handles card issuing, account management, and compliance.

Better plans to offer the card to all approved Better HELOC customers as a disbursement method beginning in Summer 2026. The card represents part of Better's strategy to build an integrated home finance platform powered by its Tinman AI system.

Better Mortgage Corporation partners with Stripe Payments Company for money transmission services, with funds held at Fifth Third Bank.