How It Works
It works like a regular Visa® Credit Card, but taps into your home equity to get you really, really low rates.
What is the Aven Home Equity Visa® Card?
Aven Home Equity Visa® Card is a credit card that lets you use your home equity to get really low rates.
How does it work?
Aven combines the convenience of a credit card with the savings of a home equity line of credit (HELOC). It works like any other credit card where you can make everyday purchases and earn unlimited 2% cash back.1
Do you offer a fixed rate?
For Balance Transfers and Cash Outs, you have the option of fixed monthly payments. Lock in your payments for 5, 10, 15, or 30 years. 2.5% transfer fee. Available right in the app.2
What is my monthly payment?
Aven gives you options. For Cash Outs and Balance Transfers, you can choose an Aven Simple Loan with fixed monthly payments for the life of the plan.2 Otherwise, your minimum payments will be 1% of principal plus monthly interest on the balance. See our Payment Calculator to calculate your monthly payment.
Can I get cash too?
Yes! You can directly deposit cash from your Aven card to your bank account at the same low rate. A one-time 2.5% transfer fee applies.2
Does this affect my credit score?
Checking your offer does not affect your credit score. Only once you schedule with our notary to finalize will we do a hard credit check.
Are there any fees?
We try to reduce as many of the fees as possible. No annual, sign-up, or pre-payment fees. There is a 2.5% fee on Cash Outs and Balance Transfers and a $29 late fee if you don’t make the minimum payment.2
