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 Can I have multiple Aven products at the same time? How to Contact Us Can I refinance my existing Aven Home Card for a lower rate? How do I add a co-applicant to my Aven Rewards Card? How does a Cardholder conduct a Balance Transfer from another Credit Card?