Personal line of credit details and benefits

If you’re a current U.S. Bank customer with a FICO Score of 680 or above, a personal line of credit could be right for you.

Use your personal line of credit up to $25,0001 for ongoing access to available funds or if you don’t know the full cost of a project. You’ll only pay interest on the money you borrow, making it a great funding option for whatever life throws your way.

As low as 11.00% APR1

You’ll pay no annual fee with a competitive variable rate, currently 11.00% annual percentage rate (APR). And you’ll have the same low APR for advances, balance transfers and purchases.

Easy access to funds

Get convenient access to your loan funds with a Visa® Access Card, Personal Line Access Checks, at an ATM, online, mobile or in a branch.1

Ongoing credit for all your needs

You can use a personal line of credit to help cover the cost of home improvements, pay off debt or simply take care of unexpected expenses.

Quick application process

Applying for a personal line of credit only takes a few minutes with our easy and secure online application process.

If you’re already a U.S. Bank checking customer, you can also start your application in the mobile app or through online banking.

No collateral required

A personal line of credit is unsecured, meaning you don’t need to put up collateral like your car or house.

Find out more about credit scores.

Not a U.S. Bank checking customer? Explore our checking account options.

How to apply for a personal line of credit

Our application process is fast and easy.

Step 1

If you’re already a U.S. Bank checking account customer, you can start your application in the mobile app, through online banking, by visiting a branch or by calling 800-491-3150.

You’ll need:

  • Social Security number (SSN)
  • Home address and employment information

Step 2

Once you submit your application, we’ll gather your credit information.

How long does it take for a loan to process? Typically, we notify you with your loan approval status in less than a minute.

Step 3

If your line of credit is approved, funds are available within one business day of closing.

You may close your line of credit online, though some customers may need to visit a U.S. Bank branch.

How does a personal line of credit work?

Start of disclosure content
Start of disclosure content
XX-003 FDIC notice + credit products
XX-011 Equal Housing Lender