- Chase does not offer personal loans.
- My Chase Loan lets eligible cardholders borrow against their card’s available credit at a fixed APR, with no credit check or fees.
- Repayment runs 6 to 24 months, and the loan uses up part of your credit limit.
Does Chase Bank offer personal loans?
No. Chase offers mortgages, home equity lines, auto loans, business loans and credit cards, but not traditional unsecured personal loans. Searches for “Chase personal loans” or “Chase bank loan” usually lead to My Chase Loan or Chase’s auto and home lending.
How My Chase Loan works
| My Chase Loan | |
|---|---|
| Who can get it | Eligible Chase credit cardholders who see the offer |
| Where the money comes from | Your card’s available credit |
| Credit check | None |
| Fees | No origination or early-payoff fees |
| APR | Fixed; usually lower than your card’s purchase APR |
| Repayment | Fixed monthly payments over 6–24 months, added to your card bill |
Look for the offer in the Chase app or on chase.com under your credit card account. Chase decides who sees it, usually cardholders with an account open for some time, available credit and a good payment history.
- The loan uses part of your credit limit, which can raise your credit utilization.
- Money is deposited to your Chase checking account (or sent another way Chase offers).
- Missing a payment affects the whole card account.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Alternatives to a Chase personal loan
- Other banks: Wells Fargo, U.S. Bank, PNC, Citi and TD offer personal loans. See banks that offer personal loans.
- Credit unions, including payday alternative loans for small amounts.
- Online lenders for fair or poor credit.
- For small emergencies: 12 ways to get emergency cash.
Bank personal loans usually need good credit and steady income, and some banks only lend to existing customers. If a bank turns you down, compare credit union PALs, installment loans for bad credit or a short-term loan request.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Does Chase offer personal loans?
No. Chase does not offer traditional unsecured personal loans. Eligible Chase credit cardholders can use My Chase Loan to borrow against their card’s credit line.
What is My Chase Loan?
A feature for eligible Chase cardholders that turns part of the card’s available credit into a fixed-rate loan repaid over 6 to 24 months, with no credit check and no fees.
Does My Chase Loan affect my credit?
There is no credit check to apply, but the loan uses part of your credit limit, which can raise your credit utilization.
What can I use instead of a Chase personal loan?
Personal loans from banks such as Wells Fargo, U.S. Bank or PNC, credit union loans, or online lenders.