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Aven, known for its… unique approach to financial products, just dropped a new credit card with no annual fee. The headline grabber? A sweet 6% cashback on groceries, up to $10,000 spent annually. It also gets you 2% back on everything else. This card appears to be different from their previous 3% card, which was tied to home equity.
So, why should you care? Well, if you're a big spender at the grocery store, this could be a fantastic way to rack up some serious rewards without paying an annual fee. That 6% is a very high rate of return, beating out almost every other cashback card on the market for groceries. Just remember to weigh whether you can actually spend close to $10,000 a year on groceries.
Aven is also offering a $5 weekly gift card. It's interesting to see them experimenting with different products and rewards structures. Ultimately, it remains to be seen whether the card will be a success or if Aven will make changes to it.
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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October 8, 2026, 9:16 PM


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