If you don’t have any GCash account yet, I highly suggest that you create one. Creating an account with GCash is fast and easy. Here’s a step-by-step guide on how to open an account with GCash.
Personally, I use GCash to send and receive payment for my online store. I also use GCash to fund my Shopee pay account and more. If you’re a new user of the GCash app, here is a quick guide on how to cash in and out or how to load up and withdraw money using your GCash wallet.
Cashing in basically means putting money on your GCash account and there’s a variety of ways on how to do it.
Cash In Over the Counter
Cashing in over the counter is a very straightforward process. Personally, I always cash over the counter via 7-Eleven because it’s the nearest option that I have in my area.
If it’s your first time to cash in over the counter, you simply have to log in to your GCash account and tap on ‘Cash In’ on your screen. Click on ‘View All’ to see all available GCash partners where you can cash-in. Once you have found the establishment where you can cash in, just tap on it and it will show you the instructions.
As I have mentioned above, I always cash in via 7-Eleven and they have a machine wherein you just have to input all the required details such as mobile number and amount. It will then generate a receipt with a barcode and all I have to do is to give that to the cash counter together with the money.
Easiest Way to Cash In
The easiest way to cash in over the counter is by generating a bar code on your own mobile phone. All you have to do is to tap on ‘Cash In’ and then tap on ‘View All’ on the ‘Over the Counter’ part of your screen and you will see the ‘GeerateBarcode’ option on the upper right side of your screen. Tap on ‘Generate Barcode’ and then type in the amount that you want to cash in. Your mobile phone will then generate a barcode and just give it to the cash counter of your chosen establishment (GCash partners).
As of the time of writing, you can cash in via any of these partners:
- SM Group of Supermarkets
- Robinsons Supermarket
- All Day Supermarket
- Easy Day SHop
- Ever Supermarket
- Gaisano Grand
- Mercury Drug
- LBC Express
- RD Pawnshop
- Palawan Pawnshop
- Jaro Pawnshop
- Globe Store
- Bayad Center
- PERA Hub
- VIP Payments Center
- Family Mart
- Shell Select
Important Reminders for Cashing in via Over-the-Counter
Please note that some over-the-counter partners may ask for your ID so just be ready to present one just in case.
Please be advised as well that cashing in is free in all over-the-counter outlets until you reach a monthly threshold of Php 8,000. Once you have reached this limit, a service fee of 2% will apply each time you cash in. The applicable fee will be deducted automatically from the amount you cashed into your GCash wallet.
The good thing is, this limit refreshes on the first day of each month. So basically, you can cash-in over-the-counter- for up to Php 8,000 for free every month.
Cash In via Online Banking
You can also cash in via online banking and the most convenient way to do so is by enrolling your BPI or Unionbank account. If you don’t have an account with either BPI or Unionbank, don’t worry as you can still load up your GCash Wallet via any of the banks listed on the Online banks’ option.
The app also provides instructions on how to load your GCash wallet using any of the partner banks. All you have to do is to click on the name of the bank to see the instructions on how to do it.
As of the time of writing, here are the banks (via online banking) that you can use to cash in or to load your GCash wallet:
- EastWest Bank
- Security Bank
Please note that there might be some fees that will be charged to you when you cash in via online banking.
Cash In via Global Partners and Remittance
If you are receiving money from overseas (like remittance or other online payments) then you can also link that with your GCash Account. I personally have not tried this yet but the instructions are clearly provided on the app as well to guide first-time users.
As of the time of writing, the global partners and remittance partners include:
Withdraw International Payments
Claim Remittance via Reference Number
- Western Union
Receive Straight to GCash
- Cross Remittance
- Denarii Cash
- EMQ Send
- Instant Cash
- Rocket Remit
- Wall Street Exchange
Here is a fee table from the GCash website relating to cashing in for your reference, please note that this information may change so be sure to always check the GCash website for the updated fee list.:
How to Cash-Out
Cash-out refers to the process of getting the cash from your GCash account and it can be done in multiple ways. You can either get yourself a GCash Mastercard and use that to withdraw your funds (fee applies). Or you can do that via any of the GCash partner establishments.
Cash-Out via GCash Mastercard
If you prefer to withdraw using GCash Mastercard for your convenience, please be advised that you have to get the card first and pay the corresponding fee. The cheapest option would be to pick up the card from any of their partner branches and pay P150. Link the card to your GCash account as soon you receive it.
Partner Branches where you can get the card include:
- All Day SUpermarket
- All Day Convenience Store
Alternatively, you can have it delivered, however, you might experience delays in some areas due to the community quarantine situation. Please note that this will cost you P215 including the delivery fee. The form that you have to fill up is also available on the Cash-Out page of your GCash app.
Cash-Out via GCash Partners
If you don’t want to opt for the GCash Mastercard, then you can always cash-out via any of their partners.
Please be sure to bring one of the accepted valid IDs before you go to any of these partners. The valid IDs that are accepted for cashing out include:
- TIN ID
- Philhealth Card
- Driver’s License
- Student’s ID
- Voter’s ID
- SSS ID
- Alien/Immigrant COR
- Government Office/GOCC ID
- HDMF ID (Pagibig)
- Postal ID
- PRC ID
The process of cashing-out may vary depending on the partner. You can see the instructions when you click on the name of the partner that you can find on the Cash-out page of your GCash app.
Here is a fee table from the GCash website relating to cashing out for your reference, please note that this information may change so be sure to always check the GCash website for the updated fee list.:
I personally cash-in via 7-Eleven since it’s the most convenient option for me. And I don’t usually cash-out because I just transfer my GCash funds to my online banks. I suggest that you find the most cost-efficient and most convenient way for you in order to fully maximize your GCash account.How to Cash In and Cash-Out Using Your GCash Wallet Click To Tweet