GCash Fees: For 2024, here is the complete list of GCash fees and rates

GCash Fees

If you use GCash, do you want to know how much the various GCash fees and service charges cost? Here’s where you’ll find what you need. To help you understand the additional charges associated with cashing in, cashing out, or sending money using GCash, I’m providing you with a complete and updated list of GCash fees.

It offers the convenience of sending money, paying bills, and shopping online through GCash. Your smartphone can be used to pay with GCash rather than carrying wads of cash. In spite of GCash’s ease of use, every user should be aware that there are fees and charges associated with it.

You can transfer funds to another GCash user for free using GCash. Despite this. Since November 1, 2020, withdrawing money to banks via InstaPay incurs a fee of ₱15 per transaction.

GCash Fees

There are definitely many users who were surprised by the recent increase in GCash fees, especially when transferring money via InstaPay. To avoid paying additional fees, some GCash users are looking for alternatives to avoid shouldering the fees.

If you plan to use GCash, you might want to find out how much it costs to send and receive money. By doing so, you will know whether or not the GCash fee is worth it.

GCash Fees: Cash In

Here are GCash’s fees when adding money to your wallet (that is, when cashing in your account):

DescriptionFee
Using online or mobile banking, cash in Free to ₱50
GCash app cash in from linked BPI bank account₱5 (effective October 2, 2023)
In the GCash app, you can cash in from your UnionBank accountFree (₱5 fee to take effect on November 2, 2023)
Cash in from a remittance partner (e.g. Western Union) into the GCash appFree
With PayPal, you can cash inFree
You can cash in from over-the-counter outlets up to $8,000 per month2% of cash-in amount
Over-the-counter outlets with free cash-ins under 8,000 per monthFree
Cash In

Cash-in transactions made at over-the-counter outlets like Palawan Pawnshop, Cebuana Lhuillier, and Bayad Center are free as long as they do not exceed the monthly cash-in limit of ₱8,000. The charge will be deducted directly from the overall cash-in amount.

You will need to pay GCash cash in fees depending on the bank you are using. In accordance with each of partner banks, these are the GCash cash in fees:

DescriptionFees
From DBP to GUCash₱10
From EastWest Bank to GCash₱25
From Landbank to GCash₱15
From Maybank to GCash₱10
From Metrobank to GCash₱25
From PBCOM to GCash₱20
From PNB to GCash₱20
From PSBank to GCash₱15
From RCBC to GCash₱25
From Robinsons Bank to GCash₱10
From Security Bank to GCash₱25
From UCPB to GCash₱25
From UnionBank to GCashFree for transfers below ₱1,000. ₱10 fee for transfers above ₱1,000.
From AUB to GCash₱8
From Bank of Commerce to GCash₱15
From BDO to GCash₱25
From BPI to GCash₱25
From Chinabank to GCash₱10 to ₱15
From CIMB to GCashFree
Cash In

GCash allows you to add money instantly on the GCash app and avoid transaction fees when you cash in from BPI or UnionBank accounts. In contrast, GCash will charge a 5 percent fee on cash in transactions for BPI and UnionBank accounts linked to GCash.

Learn how to cash out to GCash, add money via over-the-counter outlets, and link your bank account in this article.

GCash Fees : Cash Out

Withdrawing money from an ATM or over-the-counter outlet will incur the following fees:

DescriptionFee
Using over-the-counter cashout outlets2% of cash-out amount
Withdrawal from a bank account or cash out₱15
Withdrawal from GCash MasterCard ATMs₱10 to ₱18
Withdrawals from GCash MasterCard ATMs outside the Philippines₱150
Cash Out

GCash offers over-the-counter partners such as Palawan Pawnshop, Villarica, and Bayad Center for the withdrawal of money.

GCash Fees: Send Money

You will incur the following fees when sending money via bank transfer, or transferring funds to another GCash user:

DescriptionFee
Transfer funds using  Express SendFree
Transfer funds via Send with a ClipFree
Ang Pao money transferFree
Transfer money via bank transfer₱15
Use Maya and other e-wallets to send money₱15
KKB or Request moneyFree
Use GCash Padala to send money₱5 or 15%
Send Money

A transaction fee of ₱15 is applied to GCash-to-bank transfers via InstaPay. (continue) 

Fees for GCash Bill Payments

The fee for paying bills with GCash depends on the biller. Actual charges per biller can be found in the GCash app.

DescriptionFee
Fixed-fee payments to billersFree to ₱60
Using percentage-based fees to pay billers2% of bill amount
Fees for GCash Bill Payments

Fees associated with GCredit

You can see the list of GCredit interest and penalty fees below if you’re a borrower or considering a loan:

DescriptionFee
Within the billing period, interest is charged3% to 5%
1-30 day late payment penalty for loans₱200
Late payment penalty 31-60 days after due date₱500
61-90 day late fee for unpaid loans₱900
Unpaid loans 90 days or more after due₱1,500
Fees associated with GCredit

Fees associated with the GCash MasterCard

For purchases of cards, balance inquiries, dormancy, and dormancy fees, please see the following table. GCash MasterCard ATM debit cards can be obtained by reading this article.

DescriptionFee
ATM balance inquiry₱3
ATM balance inquiry outside the Philippines₱50
Fees for dormancy₱50
Offline purchase of GCash MasterCard₱150
Online purchase of GCash MasterCard (delivery fee included)₱215
Fees associated with the GCash MasterCard

FAQs: 

Is there a way to withdraw money without paying fees from GCash?

GCash does not allow free cash outs or withdrawals. The cost of transferring funds from GCash to your bank account or another e-wallet (such as Maya) is ₱15, while over-the-counter withdrawals (like at Cebuana Lhuillier) incur a 2% fee.

Does GCash impose charges?

Cashing in is free at all over-the-counter outlets until you reach a monthly limit of PHP 8,000. Once this limit is reached, a 2% service fee is applied to each cash-in transaction, automatically deducted from the amount added to your GCash wallet.

Can I transfer 10,000 pesos using GCash?

You can easily send or receive money through GCash Padala, but it’s exclusively available to Fully Verified GCash users. The minimum amount you can send is PHP 500, while the maximum allowed is PHP 10,000.

Conclusion

In 2024, GCash users should be aware of various fees associated with cashing in, cashing out, and sending money. These fees include cash-in charges for certain partner banks, cash-out fees, transfer fees, and fees for bill payments. Additionally, GCredit and GCash MasterCard transactions also have associated fees. It’s important for users to understand these fees to manage their finances effectively while using GCash.

Call GCash hotline 2882 or email [email protected] if you have any questions or concerns about GCash.

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