GCash: Everything You Need To Know To Make Life Easier
In this article:
- What Can You Do With GCash?
- Which Mobile Facilities and Online Banking Support GCash?
- Where Can You Cash-In?
- How Can You Cash-In?
- Where Can You Cash-Out?
- How Can You Cash-Out?
- What is a GCash MasterCard?
- How Can You Apply for a GCash MasterCard?
- What are the Latest Features of GCash?
- How Does GCash Bridge the Gap in Financial Institutions?
- Gain Digital Financial Freedom with GCash
What Can You Do With GCash?
GCash takes convenience to an entirely different level. You can do so much on the app that it has effectively taken away the struggles of braving heat—or rain—in Manila traffic and long lines. With the hours you save, you can invest more in the things that matter more: family, friends, passions, and health.
GCash takes the dread out of waiting in long lines at payment centers. With a simple tap on your screen, you’ve paid off your financial obligations. The app allows you to pay utilities, credit card bills, government bills, loans, and even school fees without breaking a sweat.
To make things even easier, GCash allows you to save your preferred billers and billing details on the app and set a monthly reminder so you never oversee another due date! You can also enjoy the occasional rebate.
Enjoy greater security and financial freedom by building up your savings with GCash’s GSave.
GSave makes saving money more accessible and easy for both banked and unbanked individuals. You don’t need to worry about maintaining balance because GSave doesn’t require it.
Moreover, users can enjoy a 3.1% interest rate with any amount deposited. See your savings grow quickly within the app. You can also schedule auto-deposit within the GSave feature, so you don’t forget to save regularly.
Plant a Tree
Enjoy planting virtual trees like Avocado, Guyabano, Yakal, and Narra—that have real-life equivalents—on GForest. Every time you use GCash for transactions, whether to buy load, send money, or pay bills, you’re rewarded with “green energy points” you can collect and use later to “plant” a tree, as spearheaded by Globe.
With GForest, you get to make every day Earth Day by harvesting energy points to plant more trees and contribute to enriching the country’s natural resources.
Take more control of your leisure time and book your seat at the movies at any of our partner cinemas. Skip the queue and go straight inside your favorite Ayala Mall, SM Supermall, or Uptown Bonifacio theater.
Stressed about the fees that your bank charges whenever you transfer or send money to another account? Install the GCash app! You can send money to anyone or any of our partner banks in real time.
The Send Money to Bank Account feature lets you transfer money from your digital wallet to any partner bank, eliminating the need for multiple banking apps! You can send money via bank transfer for only ₱15.
Meanwhile, GCash also allows you to transfer money to another GCash wallet with no additional charges, no matter what network you’re using.
Split the Bill Easier
When out and about with friends, tracking how much each person owes can be tricky. Often, this requires manual computation, which is tedious when trying to enjoy time with your barkada. Fortunately, the Kanya-Kanyang Bayad (KKB) option helps you to split the bill with only a few clicks.
With GCash KKB, you can pool your friends into one temporary payment statement when you send out a KKB request to show how much they owe, and you can even remind them of their dues. Keep your hangout time hassle-free with KKB!
Cash Out or Withdraw Cash
If you’ve accumulated some amount in your GCash account, you can cash out the money through partner outlets, have it transferred to your bank account, or withdraw it from any Bancnet ATM with your GCash card.
Think of GCredit as your personal credit line with the app. You can use it to shop now and pay later at partner merchants or to pay your bills. This feature is only available for fully verified users who have raised their GScore to a certain level, however—so use the app often! The more transactions you make, the bigger your limit will be.
Get What You Need Using GGives
In a bit of a financial bind? Then, GCash GGives is what you need! GCash’s installment loan plan allows you to buy now and pay later with flexible repayment terms. Enjoy 0% interest with no downpayment, credit cards, or documents necessary.
Get an immediate cash injection of up to ₱125,000 with GLoan. Its easy application process is a safe and secure way to take out a loan with an interest rate of as low as 1.59% monthly.
Running low on load? You can top it up through the GCash app! Buy load for any network and possibly earn a 5% cashback! You can purchase load combos, gaming pins, and even broadband packages.
If you’re low on digital cash but need the load urgently, you can take advantage of the Borrow Load feature of the app. You’ll have two days to pay back the amount without paying interest or a service fee.
Order Food and Shop Online
GLife aims to level up and simplify your shopping experience. It’s a new permanent feature that integrates “mini-apps” from various merchants or brands within the GCash dashboard. Thanks to this new shopping feature, you can now shop and use the services of local and international online stores within this app.
Within the GCash app, you can conveniently order food online or shop without downloading the merchant’s app. For instance, if you need to buy something from Lazada, you don’t need to access or download the Lazada app and just use the shop Lazada mini-app within GCash.
Currently, there are over 30 lifestyle brands on GLife, including online shops, food delivery services, airline companies, gadget stores, grocery stores, and more.
You can also order food and shop online with GLife and pay with cash. Simply choose GCash as your payment option and confirm your transaction. Since you’re already shopping within the app, it’s easier for you and the merchant to process the payment.
You can also shop online and transact through other payment methods in the GCash ecosystem. You can apply for American Express Virtual Pay through the GCash app with your email or get a GCash Mastercard for only ₱150.
Grow Money with GFunds
For those new to investing or planning to make their first investment but unsure where to start, the GFunds feature is a good investment for beginners. This functionality lets you invest in different investment funds from GCash’s reliable partner product providers.
GFunds has a swift account verification process and is more inclusive than banks. With GFunds, you only need to verify your account and put in a minimum investment of ₱50. There are no commission and sales fees, and you can sell and buy through your GCash wallet.
Are you wondering how to invest money in GCash? Read on—it’s easy, hassle-free, and affordable!
- Go to GFunds and start with the registration process.
- Answer the questions on the screen honestly to see the type of investor you are.
- Once you complete the process and read the GFunds User Agreement or Terms and Conditions, you’ll see your risk profile assessment result.
- After this, you can view the investment products on Gfunds and start your GCash investment.
- You can also schedule your preferred time to remind you to grow your funds so that you can invest money regularly.
Navigate Cryptocurrency with GCrypto
Cryptocurrency is fast becoming one of the most popular payment modes available. If you’re a part of or want to get into the crypto world, the process is now more seamless with GCrypto.
With GCrypto, you can buy and sell supported coins and tokens from the GCash app and access a carefully curated collection of valuable Non-Fungible Tokens (NFTs).
Invest with GStocks
GCash is now your one-stop shop for everything investment-related with GStocks. In partnership with the Philippine Stock Exchange and AB Capital, Filipino investors can buy, sell, and monitor their investments through the online platform.
The world-renowned e-wallet is still aiming big as it looks to expand services to include GStocks PH and GStocks International to make investing much easier to do from wherever you are.
Have Peace of Mind with GInsure
Be financially secure and ready for anything with GInsure. This feature on the GCash app offers users access to various insurance products that provide cash assistance and medical coverage. With GCash Insurance, you can access different protection products powered by Singlife, such as:
- Cash for Dengue Costs
- Cash for Income Loss (Accidents)
- Cash for Income Loss (Any Cause)
Getting started with GInsure is simple. Just open the GCash App and head to GInsure. Choose the insurance product you want and select the coverage plan you prefer. Review your GCash profile and confirm your details, then confirm the payment. A congratulatory page will show after successfully paying for your insurance coverage.
You can buy any of the protection products as long as you're:
- 18 to 54 years old (18 to 64 years old for Cash for Income Loss due to accidents)
- A fully verified GCash user
- A Filipino citizen or a foreigner who's a legal resident of the Philippines
- In good health and able to work and don't have any pre-existing conditions (for Cash for Income Loss due to any cause)
- In good health and has never been a “confirmed COVID-19 case” (for Cash for Dengue Costs)
You can get covered and buy and manage retail insurance packages for as low as ₱300 per year on GInsure. With that amount, you can stay prepared for emergencies and live worry-free without breaking the bank.
You don’t have to go through long forms and processes, either. As long as you have a verified GCash account, you can apply and choose among the types of insurance you need in minutes.
Besides online shopping, you can make the most out of your account by using it to pay for in-store purchases with over 139,000 GCash merchants. Enjoy the experience of going cashless when you shop; just scan the store QR code to pay with GCash when you buy food, groceries, clothes, and more.
Which Mobile Facilities and Online Banking Support GCash?
With GCash, you never have to worry about urgent money matters. You can send money to your loved ones or make transactions with other users through these mobile facilities and online banking partners:
- 7-Eleven Barcode
- Western Union
- BPI to GCash
- PayPal to GCash
- RCBC to GCash
- Mastercard/Visa Debit to GCash
- UnionBank to GCash
You can also view the full list of GCash's banking partners in the GCash app by tapping “Bank Transfer” and clicking “View All.”
Where Can You Cash In?
Running low on balance? Do a quick cash in to replenish your funds—just don’t forget to bring a valid government-issued ID—at these partner outlets:
- Globe stores
- Bayan Center
- SM Business Center
- Cebuana Lhuillier
- 7-Eleven CLiQQ kiosks
- RD Pawnshop
- Tambunting Pawnshop
- Villarica Pawnshop
How Can You Cash In?
Want to add funds to your GCash account? Cash in is accessible regardless of how you want to deposit your money. Here’s how to do it:
Linked Bank Account
On the bottom right of your GCash home menu, click “Profile,” then choose “My Linked Accounts.” From there, tap your bank’s name, and you can now transfer money directly from your linked accounts to your GCash.
GCash is compatible with most banking apps, making transfers much faster. You only need to click “Cash In,” choose one of GCash’s partner banks, enter the amount, and click “Send” to complete the money transfer.
Open the GCash app, click “Cash In,” and under “MyLinked Accounts,” choose PayPal. Proceed to enter the amount you want to transfer from your e-wallet and press “Confirm.”
Visit any Instant Cash outlet or other official GCash remittance partners, and complete the “Send Money” form. Pay the amount you want to deposit to your GCash account, plus the transfer fee, and you’re all done!
To cash in via authorized outlets, go to a transfer machine, tap GCash, and the amount you want to deposit. You'll receive a receipt or barcode, which you’ll present to pay for the amount and complete the transaction. Alternatively, you may ask at the outlet counter and notify them you want to cash in via GCash.
Where Can You Cash Out?
In urgent situations where you can’t withdraw directly from an ATM, you can always cash out directly from your e-wallet. Just visit any of these GCash partner outlets:
- Bayan Center
- SM Business Center
- RD Pawnshop
- Tambunting Pawnshop
- Villarica Pawnshop
How Can You Cash Out?
There are times when cashless payment is unavailable, and you need to get money quickly. Don’t worry, GCash provides many options for cash out.
Most convenient stores will let you withdraw funds straight from your GCash account. All you need to do is approach the store counter and let them know you want to cash out. They’ll ask you for your valid ID, mobile number, and the desired amount.
Like cashing out at convenience stores, the nearest pawnshop will let you withdraw money from your GCash account with a few easy steps. Head over to the pawnshop counter, present an ID, mobile number, and the amount you want to take out, and you’ll receive the funds in no time.
The process only requires you to provide one valid ID, cellphone number, and how much money you need. It’s a straightforward process that lets you take out the necessary funds and complete your grocery shopping in one convenient place.
GCash has expanded its operations to allow cash-outs at multiple payment facilities nationwide. Simply visit your preferred payment establishment and provide a single ID for verification, your contact number, and the amount you wish to withdraw.
Dropped by the store for a little shopping session but short on cash? Standing in long bank lines is now a thing of the past, as you can now cash out in your favorite department stores. Approach the counter and present one ID, preferably government-issued. Provide your contact information and decide how much you want to take out.
What's a GCash MasterCard?
Take GCash on the go with the GCash Mastercard. All fully verified GCash users can use the reloadable physical card offline to pay for purchases at any official Mastercard affiliate store. GCash Mastercard also provides online access you’ve grown accustomed to while allowing you to complete transactions physically.
How Can You Apply for a GCash MasterCard?
If you’re interested in getting one for yourself, here’s how to get a GCash card:
- Access the GCash app and click “View All” on the main menu.
- Scroll down until you reach the “Others” section and choose “Cash Out.”
- On the next page, click the “Delivery” option.
- Fill out the application form. Once done, click “Next.”
- Tap “Pay” to complete your order. The physical card will cost ₱150, with a ₱65 delivery fee, and you can avail of up to three GCash Mastercards monthly.
- Finally, a message will appear that you’ve successfully placed your card order, which will arrive within 10 business days.
After receiving your GCash Mastercard, you still need to activate it. All you have to do is go on the GCash app, and in the lower right portion of the home screen, click “Profile” and then “My Linked Accounts.” Choose “GCash Cards,” and you’ll receive an OTP code for identity verification. Input the 16-digit number of your physical card and click “Link Card.”
What are the Latest Features of GCash?
Pay or receive money with GCash Personal QR
QR codes are convenient and secure. Merchants can generate and use QR codes for smoother transactions and payments, but individual users can, too! GCash’s QR code feature lets you generate unique QR codes to pay or receive money.
With this, you don’t have to disclose your mobile number, and it eliminates the fear of sending money to the wrong numbers, making transactions safer and easier for the people involved.
Enhanced security through GCash DoubleSafe
As more transactions are now being done on mobile apps, GCash has added a layer of protection via DoubleSafe to strengthen security and privacy. Now, fully verified users can use a “selfie scan” feature, while non-verified members can add an OTP to prevent unauthorized transactions or access to their accounts.
Your biometric characteristics are impossible to hack and steal, making your account even more secure from fraudsters and scammers. Rest easy knowing that you’re the only person who can access your GCash account on all your linked devices with these security measures.
Make sure to update the GCash app to the latest version and enable the feature on your account to use this.
Communicate with your peers through GChat
Make communicating with your friends, family, and other contacts seamless with GChat. The in-app messenger lets you share receipts and conduct transactions without leaving the GCash app. You never have to screenshot a message again to trace your transaction history. Plus, this makes reporting to Gigi, GCash’s virtual assistant bot, much faster!
Go global using GCash Overseas
You might be asking, “Can I use GCash abroad?” Worry not because GCash is the first electronic wallet in the Philippines to allow cross-border digital payments from multiple countries. Your options for sending funds to your family have expanded, as GCash Overseas enables you to make bank transfers and send money from one GCash account to another for free.
The feature also makes paying for your travels much easier. Make cashless payments wherever you are and give yourself peace of mind while enjoying your grand excursion.
How Does GCash Bridge the Gap in Financial Institutions?
GCash was awarded the Best Mobile Payment Service in the 2018 Telecom Asia Awards. Data from App Annie, the industry standard for mobile data and analytics, also ranks GCash as the top finance app (10 million downloads within nine months) with the most active users among Filipinos. These achievements come with a deeper significance to the country.
In 2021, over 34 million Filipinos were found to have no bank accounts due to insufficient funds, lack of documents, and refusal to open one. The silver lining is that in a country of almost 114 million people, 79 million are mobile users.
GCash bridges the gap between the banked and unbanked sectors by allowing anyone to pay for bills and online or offline shopping, load prepaid cards, and send or receive money to and from loved ones no matter where they are in the world. Credit lines have also become available with GCash, allowing all users to make urgent transactions.
Gain Digital Financial Freedom with GCash
GCash is more than just your typical mobile wallet — it’s a game-changer that gives you complete control regarding managing your finances. Send and receive funds instantly, pay bills with a single tap, and shop online to your heart’s content, all from the convenience of your smartphone.
Experience a revolutionary leap into the world of seamless, secure, and convenient digital transactions with GCash. Join the millions of satisfied users today and enjoy all the benefits a new era of financial empowerment offers at your fingertips.