Aven launches Bitcoin-backed Visa card: credit limit up to $1 million, 2% cash back, and APR as low as 7.99%

ORIGINALAven 推出比特幣抵押 Visa 卡：信用額度最高 100 萬美元、2％消費回饋、年利率最低 7.99%

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Fintech company Aven officially launched a Visa credit card backed by Bitcoin at the 2026 Bitcoin Conference, offering a revolving credit line of up to $1 million, with APRs starting at 7.99% and repayment terms of up to 10 years. (Previous coverage: Visa partners with Coinbase to support "real-time" debit card deposits and withdrawals, set to become the crypto industry standard?) (Background: Will the US BTC strategic reserve happen this year? 5 potential paths) The Aven Bitcoin Visa Card has been officially released. This card allows Bitcoin holders to use their BTC as collateral to obtain a revolving credit line of up to $1 million—all without selling their coins or triggering taxable events for capital gains. At the 2026 Bitcoin Conference in Las Vegas, fintech company Aven Financial highlighted the core competitiveness of the Aven Bitcoin Visa Card through three figures: an APR starting at 7.99%, fixed-rate plans for up to 10 years, and 2% cash back on purchases. Even more noteworthy is the repayment flexibility: cardholders can choose between a fixed-rate, fixed-term plan of up to 10 years or an interest-only period of up to 5 years, both designed for long-term holders who do not wish to liquidate their positions in the short term. The fee structure is equally simplified: no annual fees and no origination fees. Every purchase earns 2% unlimited cash back, with no caps and no category restrictions. The security of collateral is the aspect of Bitcoin lending products that receives the most external attention. Aven has chosen BitGo Inc. and its subsidiary, BitGo Bank & Trust—regulated by the Office of the Comptroller of the Currency (OCC)—to handle institutional-grade custody of the Bitcoin collateral. The credit card itself is issued by Coastal Community Bank, a Washington state-chartered bank and FDIC member, and operates on the Visa network. This allows Aven to provide a user experience comparable to traditional credit cards within a compliant framework. Founded in 2019, Aven Financial initially entered the market with home equity credit cards and describes itself as the first "machine-banking platform" in the US, currently valued at $2.2 billion. As of March 2026, Aven claims to have helped its users save over $300 million in interest expenses. Expanding from real estate collateral to Bitcoin collateral, Aven’s underlying logic remains consistent: using institutional-grade credit tools to lower the cost of capital for asset holders. The market is watching to see if the Bitcoin Visa Card can replicate the scale of its home equity card.

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