Key Takeaways
- Chase Bank does not offer unsecured personal loans. The product does not exist at this bank, for new or existing customers.
- Existing Chase cardholders may qualify for My Chase Loan, which draws against your credit card limit at a fixed APR with fixed monthly payments and no origination fee.
- SoFi, LightStream, and Wells Fargo are the strongest alternatives depending on your credit profile and loan purpose.
- If you need a personal loan today, comparing multiple lenders through soft-pull prequalification costs nothing and takes about ten minutes.
- Compare personal loan rates and get quotes
Chase Does Not Offer Personal Loans
There is no Chase personal loan. Not a new product in limited rollout, not a waitlist, not a perk for premium checking customers. Chase exited the unsecured personal loan market and has not returned, and it is not alone, since Bank of America and Capital One do not offer them either. If you searched for a Chase personal loan expecting to find an application, you need a different plan.
Most pages that rank for this question either bury the answer or hedge it. The answer is not buried here: Chase does not offer unsecured personal loans. Here is what it does offer, and where to go instead.
What Chase Actually Offers
Chase is not completely out of the consumer lending business. The bank offers auto loans, home equity lines of credit, and one product that is easy to mistake for a personal loan if you are an existing cardholder.
My Chase Loan is the product people mistake for a personal loan. It is available to eligible Chase credit cardholders, and the offer shows up in your account dashboard if Chase has decided you qualify. The mechanics differ from a real personal loan in a way that matters: you are not borrowing new money. You are drawing a fixed amount against your existing credit card limit, with a $500 minimum, and converting part of that revolving line into an installment loan with a fixed APR and fixed monthly payments. There is no separate application and no credit check.
The practical consequence is utilization. If you have a $10,000 limit and take a $4,000 My Chase Loan, your available revolving credit drops to $6,000 while the loan is outstanding, which raises your credit utilization and can pull down your score. A personal loan from an outside lender is a separate account and does not touch your card utilization at all. For anyone with thin credit margins or steady card use, that distinction is real. One more limit worth knowing: Chase does not offer My Chase Loan in the first 180 days after you open a card.
Chase does not publish a rate range for My Chase Loan. The APR depends on your account history and Chase’s internal pricing, and the only way to see your offer is to sign in. The rate is fixed for the life of the loan and there is no origination fee, which are genuine advantages over a cash advance.
Beyond My Chase Loan, Chase offers auto loans for new and used vehicles through dealers, and home equity lines of credit for qualifying homeowners. Neither fills the role of an unsecured personal loan for someone who needs cash for debt consolidation, a medical bill, or a home repair they would rather not run through a HELOC.
The Alternatives, Ranked by What You Actually Need
If you need an unsecured personal loan, here is where to look and why.
SoFi is the strongest option for borrowers with good to excellent credit, roughly a 680 FICO and up, who want a lender that competes on more than rate. SoFi offers personal loans from $5,000 to $100,000 with no required origination fee, no prepayment penalty, and no late fee. Read the rate disclosure footnote before you get attached to the headline number, though. As of mid-2026, SoFi’s published range runs from 7.74% to 35.49% fixed, but that 7.74% floor assumes you stack all three discounts: 0.25% for autopay, 0.25% for direct deposit into a SoFi checking account, and 0.25% for direct pay on a debt consolidation loan. Without those discounts the base range starts at 8.49%. The application is fully online, and the soft-pull prequalification shows you a real rate in about two minutes without touching your score.
LightStream, the online lending arm of Truist, is the call for borrowers with excellent credit who want the lowest rate for a specific purpose. Its rates start at 6.94% with autopay, and it prices by loan purpose, so a home improvement loan and a debt consolidation loan quote differently. That 0.50 percentage-point autopay discount is baked into the 6.94% floor, per the rate disclosure page, so without autopay enrollment the starting rate is 7.44%. LightStream charges no origination, late, or prepayment fees, and its Rate Beat program will undercut a competitor’s approved rate by 0.10 percentage points if you meet the conditions. The catch sits in the footnote: LightStream does not offer prequalification on its own site, so the only way to see your rate there is a hard pull. To check it without the credit hit, prequalify through a loan marketplace instead.
LightStream Personal Loans Review
Wells Fargo is the best brick-and-mortar option for someone who wants to stay with a large bank. It offers personal loans from $3,000 to $100,000 with fixed rates, no origination fee, and APRs that run from 6.74% to 26.74%. Read the footnote on Wells Fargo’s rate page: that 6.74% floor requires both autopay from a qualifying Wells Fargo deposit account and a relationship discount of 0.25%, and the rate was last published as of April 2026 data. The catch is eligibility: Wells Fargo lends only to existing customers, and you need to have held an account for at least 12 months to qualify. If you clear that bar, you can apply online or walk into a branch to finish.
Wells Fargo Personal Loan Review
U.S. Bank lends to both customers and non-customers, with loan amounts from $1,000 to $50,000 and rates that are competitive for a traditional bank. Existing U.S. Bank customers qualify for slightly better pricing and the higher loan amounts. Confirm the current range when you prequalify, since it moves with the market.
U.S. Bank Personal Loans Review
For the full picture of rates across lenders right now, the personal loan rates page here at RatesChaser tracks current published rates weekly. And for a broader comparison across lender types, the best personal loans roundup covers which lenders actually perform for which borrower profiles.
The Math on Why This Matters
The spread between a mediocre personal loan rate and a good one is larger than most people expect, so it is worth putting real numbers on it.
Take a $15,000 personal loan over four years. At 10.5%, the monthly payment is about $384 and you pay roughly $3,433 in total interest. At 16%, the payment is about $425 and the total interest climbs to roughly $5,403. That is nearly $1,970 in extra interest on the same loan for the same borrower, for no reason other than taking the first offer instead of shopping. The few minutes it takes to run a soft-pull prequalification at a second lender works out to around $490 a minute at those numbers.
This is why it pays to compare before you commit. A lender’s homepage advertises the rate its best customer gets. The rate a real borrower with a 690 FICO, two open accounts, and a 38% debt-to-income ratio actually receives is different, and the only way to know your real number is to prequalify. For context, the average personal loan rate on a three-year loan was 13.82% as of the week ending July 5, 2026, according to Credible marketplace data, so the headline figures on a lender’s page are rarely the ones most borrowers actually get.
If You Have Federal Student Loan Debt
If the loan you are weighing is meant to pay off or consolidate student debt, stop before you do it. Refinancing federal student loans into a private personal loan permanently strips the federal protections that come with them, including income-driven repayment, Public Service Loan Forgiveness eligibility, and federal forbearance. Exhaust every federal consolidation and repayment option first, because a personal loan from any lender, including every one named here, turns federal debt into private debt with no way back.
For Existing Chase Customers: Check Before You Leave
If you already carry a Chase credit card and have a genuine short-term need, log into your account to see whether a My Chase Loan offer is waiting. The fixed rate and the absence of an origination fee make it a better deal than a cash advance, which stacks a transaction fee on top of a higher APR, and the minimum draw is just $500. The trade-off is real, though. The loan eats into your available credit and pushes up your utilization, and it is not offered in the first 180 days after you open a card. For a borrower who needs $3,000 to $5,000, has the credit headroom, and wants speed, it can beat a fresh application elsewhere.
For anything larger, or for anyone without a Chase card, the outside market is almost certainly the better move. Lenders are competing hard for creditworthy borrowers right now, and the rates show it.
Chase Personal Loans: The Bottom Line
Chase is an excellent bank for checking, credit cards, and auto loans. It is not a personal loan lender, and nothing suggests that is about to change. Most people who search for a Chase personal loan trust the brand and want to keep their financial life in one place, which is a reasonable instinct. But staying loyal to a bank that does not offer the product you need, while skipping the rate comparison, is how borrowers end up paying nearly $2,000 more than they had to. SoFi prequalifies you in about two minutes with no hit to your score, and a marketplace can do the same across several lenders at once. The answer to whether Chase offers personal loans is no. The more useful question is which lender actually fits your situation, and that one is worth ten minutes to answer.
