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How does the Chase Fixed Rate LockSM Option work?

Chase fixed LockSM option rate
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How does the Chase Fixed Rate LockSM Option work?

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The Chase Fixed Rate LockSM Option allows you to lock in a fixed rate on all or a portion of your line of credit balance for the term you select. As you pay down your locked principal balance, your available balance is replenished for additional use. You can also use your remaining unlocked credit at a variable interest rate. Note: We offer different payment plans to fit your personal needs and payment style. Watch our online demo for more details, including a few Lock examples. See if you qualify to set up a Lock online.

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