The quake struck at 0634 GMT about 115km (70 miles) north-east of the city of Concepcion and 325km south-west of the capital, Santiago.
President Michelle Bachelet declared a 'state of catastrophe' in affected areas and appealed for calm.
Two major aftershocks of 6.2 and 6.8 have hot Chile since the massive earthquake. There are also concerns of a tsunami hitting Hawaii. Hawaii is under a tsunami advisory.
Earlier Friday a earthquake hit Japan.
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Blog post written by the Dowell Taggart Team of RE/MAX Best Associates
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