Aven Rewards Unsecured 12

Aven Rewards Unsecured 12 2025, as filed by Coastal Community Bank, carries a purchase APR of 8.99%–27.99% and no annual fee. The purchase rate sits at roughly the 67th percentile of the 4,587 agreements indexed here.

The disclosed terms

Aven Rewards Unsecured 12 2025 is one of the agreements Coastal Community Bank has on file with the CFPB. The filing runs 13 pages.

The disclosure covers a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. A cash advance rate, a balance transfer rate and a penalty rate are not stated.

The row carrying the purchase rate is unlabelled in the original document; it is reported here as the most likely purchase figure rather than a certain one.

Pricing the purchase rate

This is a tiered agreement: the filing discloses a purchase APR anywhere from 8.99% to 27.99%, a spread of 19 percentage points. Which end of that band applies is set by the issuer at account opening and the filing does not say how.

The floor of that band sits at about the 7th percentile of filed purchase rates; the ceiling sits at about the 67th. In corpus terms the same card can be cheap or expensive depending on how it is priced.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

What the rate means in dollars

The purchase rate turns a $2,000 revolving balance into roughly $646 of annual interest.

On a median-priced agreement from this index (21.99%) the same $2,000 would run about $492 a year, so this card costs in the region of $154 more annually for the identical balance.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

Charges beyond interest

No annual fee appears in the filing, in line with the roughly 75% of disclosing agreements in this index that charge nothing to hold the card.

Transfers are charged $5 or 0% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. Transferring $1,000 would cost roughly $5 at the door.

The foreign transaction fee is zero — a minority position in this corpus, where roughly 22% of disclosing filings waive it.

What a missed payment costs

Late payments are capped at $29 under this filing, about the 47th percentile of late fee maximums in the corpus.

Paying in full

21 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. The typical filing here allows 25 days, so this one is tighter than most.

Inside Coastal Community Bank's filed lineup

This is one of 10 Coastal Community Bank agreements collected here. Across that lineup purchase rates span 0% to 36%; this filing's 27.99% sits above 2 of the comparable ones.

What the filing does not tell you

This page cannot tell you anything about cash advances and penalty pricing, because the filing's disclosure table as read does not contain them.

What this analysis can address is bounded by the filing: rates, fees and the terms around them. Everything a card issuer might advertise — rewards, benefits, bonuses, who qualifies — falls outside the document and outside this review.

Go to the source

The filed PDF is linked from this page and runs 13 pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

At 27.99% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.