My Chase Loan

My Chase Loan: Borrow for Less from Your Card

Access the funds you need using your existing credit limit.

No Credit Check

Since it uses your existing card limit, there is no application and no hard pull on your credit report.

Flexible Terms

Choose a repayment plan that fits your budget, typically ranging from 6 to 24 months.

Lower Rates

Enjoy a lower APR compared to a standard cash advance, with fixed payments you can predict.

Chase Bank personal loans are designed to meet a variety of financial needs, including debt consolidation, funding home improvement projects, or handling unexpected expenses. These loans offer predictable monthly payments and no prepayment penalties, making them a smart choice for individuals seeking financial stability. For instance, borrowing $20,000 at a 9% APR over 48 months would result in a total repayment of approximately $24,080, which includes all associated fees and interest.

With competitive APRs ranging from 6.99% to 19.99%, Chase provides rates that cater to a wide range of borrower profiles. The availability of fixed interest rates ensures that monthly payments remain consistent throughout the loan term, providing greater control over your budget. Whether you're a current Chase customer or new to the bank, you’ll find the process transparent and user-friendly, with the possibility of funds being disbursed as soon as the next business day after approval.

FAQ (Frequently Asked Questions)

Do I need a Chase credit card to apply? +
Yes. My Chase Loan is exclusively available to eligible Chase credit cardmembers using their existing available credit.
Will this affect my credit score? +
Setting up a My Chase Loan does not require a new credit check, so there is no impact on your score from a hard inquiry.
How quickly can I get the funds? +
Once approved, funds are typically deposited into your Chase checking account in 1 to 2 business days.
Are there origination fees? +
No. Chase does not charge origination fees for this loan, making it a cost-effective option for accessing cash.

How to request your My Chase Loan?

1

Log In Online

Sign in to your account on the Chase Mobile app or website to see if you are eligible.

2

Calculate Loan

Choose the amount you want to borrow from your available credit and select a repayment term.

3

Review Details

Check your monthly payment amount and the APR offer to ensure it fits your budget.

4

Receive Funds

Confirm the request and receive the direct deposit into your bank account quickly.

Apply Now

You will be redirected to the official Chase website.

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