Aven launches Bitcoin Visa card with up to $1M BTC credit
Aven launched a Bitcoin Visa card that lets holders borrow up to $1 million using BTC as collateral, with rates starting at 7.99% APR, no annual fee and 2% cash back.
Aven announced the Aven Bitcoin Visa Card on April 27 at the Bitcoin Conference 2026 in Las Vegas. The card gives bitcoin holders access to a Visa credit line secured by deposited bitcoin, letting customers use their holdings for purchases or cash without selling them.
Borrowing on the line and fixed-term plans begin at 7.99% APR. The product carries no annual fee and no origination fee. Card purchases earn unlimited 2% cash back. Customers may convert portions of the credit line into fixed-rate, fixed-term arrangements for up to 10 years for cash-outs and balance transfers.
Bitcoin collateral is held through BitGo Inc. and BitGo Bank & Trust, National Association, subsidiaries of BitGo Holdings Inc. Aven noted that BitGo Bank & Trust is regulated by the Office of the Comptroller of the Currency. Coastal Community Bank issues the Visa card and holds customer deposit accounts. Aven said Coastal Community Bank is not the custodian of bitcoin. Bank accounts are eligible for FDIC coverage; bitcoin holdings on deposit are not FDIC insured.
Aven compared the card’s starting APR and longer term options with other bitcoin-backed lenders, saying many leading providers offer annual rates of 10% or higher and typically limit terms to about 12 months. The company described the card as focused on rate, term length and card-based access to collateralized credit.
Aven reported more than $3 billion funded to customers, over $215 million in cumulative interest savings for platform users, and more than $400 million raised in equity. The company’s advisory board includes Kevin Warsh, Jim Messina, Patrick McHenry, Michael DeVito and Timothy Mayopoulos.
Aven said terms and availability will be disclosed to applicants during underwriting, with individual rates and credit limits based on standard eligibility criteria and the amount of bitcoin posted as collateral.
At the conference, Sisun Lee, Aven’s chief of crypto, said: “In a first for bitcoin lending, the Aven Bitcoin Visa Card also offers fixed-rate, fixed-term plans of up to 10 years for cash-outs and balance transfers on the line of credit.”
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