Updated Oct 13, 2020
This page describes the various fees GCash charges on its users and free alternatives (just scroll to the right to see the alternatives column). I will be updating this as we get new information.
All other services that are not mentioned here are free.
| Product | Fee Description | Fee Amount | Free Alternatives |
|---|---|---|---|
| Cash-in | Over-the-counter Cash-Ins (Partner Outlets, Cash-in Machines, 7-11) | Free for the first Php 8,000 then 2% after per month | 1. BPI and UnionBank Cash-In in the app 2. Instapay Send (Bank to Bank Transfer) from Banks where there is no fee 3. Use multiple GCash accounts (limit of 5 per person) to cash-in and prevent going over the first Php 8000 limit per account 4. Cash-in to CIMB, and withdraw in GCash via GSave |
| Cash-in | Cash-in via Debit Card | Currently suspended | Not Applicable |
| Cash out | Cash out via over-the-counter outlets (7-11, Puregold, Robinson’s, Cebuana, etc) | Php 20 per Php 1000 withdrawn | Transfer to GSave, then withdraw using CIMB ATM |
| Cash out | Cash out via GCash Mastercard in ATMs | Php 20 per withdrawal | 1. Transfer to GSave, then withdraw using CIMB ATM 2. Bank Transfer to your bank account and withdraw using your ATM |
| Bank Transfer | Money Transfer to Other Banks using Instapay | Php 15 per transfer (starting Nov 1, 2020) | 1. Transfer to GSave and then from the CIMB app, do a DragonPay transfer to a supported bank 2. Transfer to GSave then from the CIMB app, do a PesoNet transfer to a supported bank 3. Do a ShopeePay transfer and from there transfer to a supported bank. |
| GCash Mastercard | Card Purchase | Php 150 per card | None |
| GCredit | Interest Within the Billing Period | 5% compounded per day (cheaper when paid earlier) | None |
| GCredit | Penalty Fees | Php 200 (1-30 days) Php 500 (31-60 days) Php 900 (61-90 days) Php 1500 (>90 days) | None |
| Pay Bills | Biller Fees | Php 7 – Php 60 or 2% depending on biller | None |
| Balance Inquiry | ATM Charge | Php 3 | 1. Check your wallet balance in the app 2. Use USSD (*143#) to check your balance (if you are a Globe user) |
| Dormancy | Non-usage of GCash for 6 months | Php 50 every 10th day of the month | 1. Withdraw balance and close your GCash account 2. Transfer remaining balance to your other active accounts, if applicable |