The midfielder, who has risen up through Chelsea's ranks, decided to go on loan to Crystal Palace after finding his first-team opportunities limited under Antonio Conte last season.
Palace boss Frank de Boer put Loftus-Cheek straight into his line-up for the Eagles' first Premier League match of the season, which they lost 3-0 to Huddersfield, as the 21-year-old played the full 90 minutes at Selhurst Park.
And Loftus-Cheek admits he is excited to be at Palace after a "tough" time at Chelsea.
Speaking to Sky Sports, the midfielder said: "It's tough being at Chelsea. I work hard every day in training.
"It's a massive club with really good players so you don't get the opportunity every weekend.
"Coming to Palace, I'm really excited to be playing. There's still massive competition here."
When then asked whether he sees a future at Chelsea, Loftus-Cheek replied: "Yeah, definitely. Chelsea are my club, I support them. Right now I'm fully committed to Palace and whatever happens, who knows?
"I could have gone earlier and who knows what could have happened? I didn't and decided to stay. I'm getting older and now was the time to leave."