GCash is the leading mobile wallet in the Philippines that lets you send money, transfer funds, shop online and in-store, and even save money.
There are minimal or no fees that you can encounter when transacting using your GCash account.
If you want to know the complete list of GCash rates for 2023, check out all the details in this article.
Table of Contents
What are the cash-in fees of GCash?
This is the list of cash-in fees associated with GCash:
Description | Amount |
Cash in for linked bank accounts, including BPI, Metrobank, and UnionBank | Free of charge |
Cash in for PayPal | Free of charge |
Cash in for Payoneer | 2% fee deducted from the withdrawal amount |
Cash in using remittance including Moneygram and Western Union | Free of charge |
Cash in using the app of your bank | Ranges from P0 to P50 |
Cash in through over-the-counter | 2% of the amount beyond the monthly P8000 allocation |
What are the cash-out fees of GCash?
This is the list of cash-out fees related to the GCash account:
Description | Amount |
Over-the-counter outlets | 2% of cash out |
Third-party outlets | Variable rates |
Fees for using GCash Mastercard
This is the list of fees that can be incurred when using the GCash Mastercard:
Description | Amount |
Local ATM withdrawal fee | P10 to P18 depending on servicing bank |
International ATM withdrawal fee | P150 |
Local ATM Balance Inquiry | P3 |
International ATM Balance Inquiry | P50 |
First-time order or replacement of Mastercard | P150 |
Purchase of GCash Mastercard with delivery | P65 |
POS terminals | Free of charge |
Online transactions | Small percentage depending on the payment processor |
What are the fees in GCredit?
This is the list of fees related to the usage of the GCredit account:
Description | Amount |
Interest charge within the billing period | 3 to 5% of the amount |
Penalty fee for late payment up to 30 days | P200 |
Penalty fee for late payment from 31st to 60th day | P500 |
Penalty fee for late payment from 61st to 90th day | P900 |
Penalty fee for late payment from 91st day onwards | P1500 |
GLoan fees in GCash
This is the list of fees related to the usage of the GLoan feature:
Description | Amount |
One-time processing fee | 3% of the loan |
Late payment | P100 plus 0.15% of the outstanding balance |
Pay Bills transaction fees in GCash
This is the list of fees related to the usage of the Pay Bills feature in GCash:
Description | Amount |
Billers that have fixed fees | P0 to P60 |
Billers that have percentage-based fees | 2% of the transaction |
GInsure Fee | 0.92% of the bill |
Fees in Send Money using the GCash app
This is the list of fees related to the usage of Send Money feature:
Description | Amount |
Send Money using Express Send | Free of charge |
Send Money using Send with a Clip | Free of charge |
Send Money using Ang Pao | Free of charge |
Send Money using Bank Transfer | P15 |
Send Money using GCash Padala | P5 or 1.5% of the transaction |
Other fees in GCash
Description | Amount |
Dormancy Fee | P50 |
GCash PRO Biz Starter 99 subscription | P99 |
KKB or Request Money | Free of charge |
GGives Penalty Fee | P100 plus 0.15% of the principal per day |
FAQs
Does GForest have fees?
No, GForest is free of charge for all users, and there are no fees for buying seedlings to earn certificates.
It helps you help the environment while using the GCash app for everyday transactions.
Is there a fee for using GSave?
Using GSave for a CIMB account or BPI #MySaveUp account doesn’t have any transfer or transaction fees.
It encourages users to save money and don’t worry about transfer fees.
Does GInvest have fees?
There are no fees for using GInvest, but there seems to be a small amount being deducted for new investments in any product.
Before redeeming your subscription, you should wait for your investment’s value to increase.
Are there extra fees for using GCash QR?
No, using GCash QR for transactions is free of charge, and you can even use your GCredit line instead when using it for POS transactions.
GCash QR only simplifies the GCash transaction for the convenience of users.
What is GCrypto, and what are the fees?
GCrypto is an upcoming GCash product for cryptocurrency enthusiasts who want to manage their crypto holdings.
GCash will announce the associated fees with GCrypto as the product is launched.
Is there a fee for sending money to a linked bank account in GCash?
Yes, there is a bank transfer fee for sending money to a bank account, even if it is linked with GCash because it utilizes InstaPay.
Transfer funds only as necessary to avoid needing to send money back to your bank account.
Which has better rates, PayPal or Payoneer?
Payoneer has a better conversion rate than PayPal when cashing out through GCash.
It would be best to wait for special promotions because PayPal has an official partnership with GCash.
Is the GCash app free?
Downloading and using the GCash app is free, and there are no maintenance fees.
Make sure to use it regularly or at least once every six months to avoid being classified as Dormant.
Is there a free CIMB Mastercard?
CIMB no longer offers a free CIMB Mastercard upon opening a CIMB GSave account, but you can try contacting customer service to ask if there are promos.
Is CIMB to GCash fund transfer free?
Yes, you can transfer your CIMB funds for free into your GSave account anytime.
From your GSave account, you can transfer your fund into your regular GCash balance to spend it for transactions.
Can I contact GCash for concerns regarding transaction fees?
If you have questions or requests for reversal on transaction fees, you can contact GCash through the 2882 hotline or by submitting a ticket to the Help Center.
Conclusion
GCash is a versatile e-wallet application that offers a wide range of services, from money transfer, savings, and insurance, to bill payments.
GCash rates are competitive so consider using GCash for all your transactions to save on fees.
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Is there a deposit limit for Gcash?
What is the minimum cash in amount for Gcash?
How much is the deposit limit per transaction? per day ? per month?
Than you for your answer.
Hi Rio,
Yes, there’s a wallet limit per month which can range from P50k to P500k depending on your Gcash account.
There’s no minimum cash in amount but there’s a fee for cash ins.
For more info on this, kindly checknour guide – GCash Limit: Complete and Updated List in 2022