Will applying for both the HELOC and Rewards cards mean two hard credit checks? Yes, applying for both the HELOC and Rewards cards requires two separate hard credit inquiries. Related articles How does Aven know my balances with other credit cards? Can I have multiple Aven products at the same time? How can I see how much of my payment is going to principal and interest? How to Contact Us Can I refinance my existing Aven Home Card for a lower rate?