You’ve built equity in your home. Now you want flexible access to it—without the hassle of traditional HELOCs or the fees that come with every draw. That’s exactly what the Trovy HELOC credit card (“Trovy Card”) delivers: instant access to your home equity through a card you can use anywhere, anytime, with no draw fees on purchases.
A home equity line of credit (HELOC) gives you access to funds based on the equity you’ve already built in your home. But traditional HELOCs require you to request draws, wait for transfers, or pay fees every time you access your money. Trovy eliminates all of that with the Trovy Card.
We’ve taken the structure and lower-cost interest of a HELOC and paired it with the ease and familiarity of a credit card. At its core, the Trovy HELOC is a hybrid: a revolving line of credit secured by your home equity, with a credit card attached to it so you can access your home equity whenever you need it. Here’s what makes it different:
You can use your Trovy Card just like any other credit card. Tap, swipe, or shop online—your HELOC funds are instantly available. No waiting for bank transfers. No requesting individual draws. No fees every time you need to access your money. Just use your card.
Traditionally, getting access to home equity hasn’t exactly been a fast or easy process. Weeks of back and forth, tons of paperwork, and then more delays every time you want to actually use your funds. Trovy changes that.
Let’s break it down:
| Traditional HELOCs | Cash Out Refi | Traditional Credit Cards1 | Trovy HELOC | |
|---|---|---|---|---|
| Funding Timeline | Long | Long | Short | Short |
| Avg. APR | Low | Low | High | Low |
| Reusable Credit Line | Yes | No | Yes | Yes |
| Min. Monthly Payment | Low | High | Low | Low |
| Tax deductible interest2 | Yes | Yes | No | Yes |
| Ease of Access | Low | Low | High | High |
| Closing Costs | High | High | Low | Low |
We’ve combined the flexibility of a credit card with the power of a HELOC. You apply online, get approved in minutes, and use your card in days. No waiting. No clunky process. Just access to your own equity, when and how you want it. You can use your Trovy Card just like any other credit card anywhere Mastercard is accepted. You earn rewards. You get lower daily interest. You pay no annual fee. You keep moving forward.
Unlike traditional HELOCs where you might pay up to 5% of the draw amount every time you request a draw, the Trovy Card eliminates those fees entirely when you make purchases. That means more of your equity goes toward what you actually need, not administrative fees.
Your home equity isn’t just for renovations anymore. It can support all kinds of big life moments, planned or not.
Trovy was built to give responsible homeowners the access and flexibility they deserve. With Trovy, you can put your home equity to work without refinancing, selling, or paying draw fees every time you need funds. Whether you’re planning ahead or reacting to life’s surprises, Trovy helps you move forward with confidence.
