Chase Personal Loans Don’t Exist: 10 Banks to Try Instead

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

Editorial Note: This content is not provided or commissioned by any financial institution. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the financial institution.

chase personal loans
Logo

OUR PROMISE TO YOU: Student Loan Hero is a completely free website 100% focused on helping student loan borrowers get the answers they need. Read more

How do we make money? It’s actually pretty simple. If you choose to check out and become a customer of any of the loan providers featured on our site, we get compensated for sending you their way. This helps pay for our amazing staff of writers (many of which are paying back student loans of their own!).

Bottom line: We’re here for you. So please learn all you can, email us with any questions, and feel free to visit or not visit any of the loan providers on our site. Read less


If you’re a customer with a major bank such as Chase or Bank of America, you probably assume you can get a personal loan with either bank without a hitch.

However, you’re in for a surprise — Chase personal loans and Bank of America personal loans don’t exist. Here’s your guide for figuring out which big banks can help you get a personal loan (and which ones aren’t worth your time).

3 major banks that don’t offer personal loans

A quick online search for Chase personal loans reveals that the major bank doesn’t offer this product. Chase also no longer offers student loans or personal lines of credit.

It’s not just Chase that’s out of the personal loans game. The third-biggest bank in the U.S. by assets also has forgone this product, so you won’t find Bank of America personal loans. Capital One doesn’t offer personal loans either.

Where to find alternative personal loans

You might be disappointed to find Chase personal loans aren’t an option. You can still find a great personal loan — even if it means you have to shop outside your preferred lender.

Other big banks

Several major banks besides still offer personal loans, most likely with the same benefits you’d expect from Chase. These established lenders make it easy, fast, and simple to borrow when you need to. If you still want to go this route, see our list below of banks that offer personal loans.

But before signing on the dotted line, you should see what other personal loan options are out there. Online personal loans or a credit union can often beat rates and terms offered by big banks.

Online personal loans

Many fintech companies and online lenders are able to offer a better value thanks to lower overhead and a smaller line of products. Different online lenders can work with different credit backgrounds, too, to offer you the best rates.

Check out our roundup of the best personal loans of 2018 and see how their rates measure up to what major banks offer.

Credit union personal loans

Credit unions also use their unique business structures to offer great deals to their members. That’s because these financial institutions are not-for-profit, so they’re designed to help communities and customers and give them a leg up.

When it comes to credit union personal loans, this often results in some of the lowest rates and fees. Some credit unions also offer unique products such as savings-secured loans or credit builder loans.

10 major banks (besides Chase) that offer personal loans

Of course, there are still valid reasons you might prefer a big bank for your personal loan.

To help out, we surveyed major U.S. banks to find those that offer personal loans. Here’s a highlight of personal loans offered by major banks — see if yours is on the list.

1. Citizens Bank personal loans

You can borrow amounts of $5,000 to $50,000 with a Citizens Bank personal loan, and use it to consolidate debt or make a major purchase. It also offers personal loan terms of three to seven years, so you can decide if you’d rather get out of debt sooner or face lower monthly payments.

2. Wells Fargo personal loans

If you’re already a member of Wells Fargo or want a bank that’s accessible with a wide range of other services, this second-biggest bank could be for you.

Wells Fargo personal loans have no origination fees and can be used to borrow $3,000 to $100,000. The bank also offers a Wells Fargo line of credit, which can be used in place of a personal loan.

Check out our Wells Fargo personal loan review for an in-depth look at the fees, features, and terms this major bank offers.

3. Citibank personal loans

Citibank offers personal loans from $2,000 to $50,000.

Its personal loans offer terms of one to five years, so you can easily choose whether you want to pay off debt quickly or make affordable monthly payments.

4. U.S. Bank personal loans

The Premier Loan from U.S. Bank offers competitively low rates and loans from $5,000 to $25,000. You can securely apply for a U.S. Bank personal loan online.

5. PNC personal loans

PNC personal loans come in two varieties: secured and unsecured.

Secured loans require approved non-real estate collateral to borrow, and unsecured loans don’t require collateral.

6. TD Bank personal loans

If you need cash fast, a TD Bank personal loan can make it happen. The TD Express Loan offers a quick loan application process. You can borrow $2,000 to $15,000, and funds could be available within 48 hours after you apply.

A TD Bank unsecured loan won’t have the same fast turnaround, but it offers amounts up to $50,000.

7. BB&T personal loans

You can get both BB&T personal loans and personal lines of credit. However, the bank doesn’t provide many details about these products on its site. Contact your local branch for more information about BB&T’s terms for personal loans.

8. SunTrust Bank personal loans

SunTrust Bank offers a range of unsecured loans for different purposes, from consolidating debt to financing home improvements or covering private school tuition.

Loan terms will vary by borrowing purpose, but SunTrust provides a wide range of loan lengths and amounts. These loans also offer competitive interest rates and a 0.50% rate discount for setting up autopay.

9. Fifth Third Bank personal loans

Fifth Third Bank offers unsecured personal loans, or you can get a secured personal loan using savings, CDs or investments as collateral.

10. KeyBank personal loans

KeyBank also offers secured and unsecured personal loan options. Both loans can be used to borrow amounts starting at $5,000. Current KeyBank customers also get Relationship Rewards points for opening a personal loan with KeyBank.

Whatever the reason you were looking for a Chase personal loan, you still have plenty of options to borrow the funds you need. The right option is out there if you shop wisely and compare personal loans to find it.

Get multiple custom offers at once

Forget filling out tons of forms. Finding your best personal loan rate is now easier than ever.

Disclaimer: Student Loan Hero is a subsidiary of LendingTree.
See how this worksNMLS #1136: Terms & Conditions Apply

Interested in a personal loan?

Lendingtree allows you to compare rates from multiple lenders by filling out one easy form. Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

RATES (APR)loan amount
5.75% – 16.24%1 $5,000 to $100,000
7.46% – 35.99% $1,000 to $50,000
7.99% – 35.89%* $1,000 to $50,000
5.99% – 24.99%3 $5,000 to $35,000
5.99% – 29.99%4 $7,500 to $40,000
6.79% – 20.89% $5,000 to $50,000
compare rates on Lendingtree now
Disclaimer: Student Loan Hero is a subsidiary of LendingTree
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Fixed rates from 5.990% APR to 16.240% APR (with AutoPay). Variable rates from 5.75% APR to 14.60% APR (with AutoPay). SoFi rate ranges are current as of March 18, 2019 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. See APR examples and terms. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 5.75% APR assumes current 1-month LIBOR rate of 2.50% plus 4.28% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.
  2. To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.
    See Consumer Licenses.
  3. Minimum Credit Score: Not all applicants who meet SoFi’s minimum credit score requirements are approved for a personal loan. In addition to meeting SoFi’s minimum eligibility criteria, applicants must also meet other credit and underwriting requirements to qualify.
  4. SoFi Personal Loans are not available to residents of MS. Maximum interest rate on loans for residents of AK and WY is 9.99% APR, for residents of IL with loans over $40,000 is 8.99% APR, for residents of TX is 9.99% APR on terms greater than 5 years, for residents of CO, CT, HI, VA, SC is 11.99% APR, and for residents of ME is 12.24% APR. Personal loans not available to residents of MI who already have a student loan with SoFi. Personal Loans minimum loan amount is $5,000. Residents of AZ, MA, and NH have a minimum loan amount of $10,001. Residents of KY have a minimum loan amount of $15,001. Residents of PA have a minimum loan amount of $25,001. Variable rates not available to residents of AK, TX, VA, WY, or for residents of IL for loans greater than $40,000.
  5. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
3 Includes AutoPay discount. Important Disclosures for Payoff.

Payoff Disclosures

  1. All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.
4 Important Disclosures for FreedomPlus.

FreedomPlus Disclosures

  1. All loans available through FreedomPlus.com are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, and credit usage and history. Eligibility for a loan is not guaranteed. Loans are not available to residents of all states – please call a FreedomPlus representative for further details. The following limitations, in addition to others, shall apply: FreedomPlus does not arrange loans in: (i) Arizona under $10,500; (ii) Massachusetts under $6,500, (iii) Ohio under $5,500, and (iv) Georgia under $3,500. Repayment periods range from 24 to 60 months. The range of APRs on loans made available through FreedomPlus is 5.99% to a maximum of 29.99%. APR. The APR calculation includes all applicable fees, including the loan origination fee. For Example, a four year $20,000 loan with an interest rate of 15.49% and corresponding APR of 18.34% would have an estimated monthly payment of $561.60 and a total cost payable of $7,948.13. To qualify for a 5.99% APR loan, a borrower will need excellent credit on a loan for an amount less than $12,000.00, and with a term equal to 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to directly pay off qualifying existing debt; or showing proof of sufficient retirement savings, could help you also qualify for the lowest rate available.
* Important Disclosures for Upgrade Bank.

Upgrade Bank Disclosures

* Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. This rate includes an Autopay APR reduction of 0.5%. By enrolling in Autopay your payments will be automatically deducted from you bank account. Selecting Autopay is optional. Annual Percentage Rate is inclusive of a loan origination fee, which is deducted from the loan proceeds. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. All loans made by WebBank, member FDIC. Please refer to Upgrade’s Terms of Use and Borrower Agreement for all terms, conditions and requirements.

** Accept your loan offer and your funds will be sent to your bank via ACH within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes this transaction. From the time of approval, funds should be available within four (4) business days.

 Important Disclosures for Citizen.

Opploans Disclosures

  1. Personal Loan Rate DisclosureFixed interest rates from 6.79% – 20.89% (6.79% – 20.89% APR) based on applicable terms. Lowest rates range from 5.99%-18.99% (5.99%-18.99% APR), are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment Discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with us at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their Citizens Bank Personal Loan during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account two or more times within any 12-month period, the borrower will no longer be eligible for this discount.