Receiving remittances on the GCash app is completely free. * Note: These can be found in the following outlets: Globe Stores, Mercury Drug, Ministop, and Robinsons Supermarket. The service fee applies in the following cash-in outlets:
Since the P8,000 cash-in limit refreshes monthly, you will receive your total cash-in amount, Php 5,000.
Only the amount above the limit, Php 100, is subject to the 2% service fee, so the computation would be: 100 x 0.02 = Php 2 service fee. Since you have already cashed in Php 7,000 before, the additional Php 1,100 would mean you’ve reached the Php 8,000 limit. You cashed in Php 7,000 over-the-counter as your first cash-in for May.Īs you are below the limit this is free and you will receive Php 7,000 in your GCash wallet.
#DOES PAYPAL CHARGE A FEE TO CASH OUT FOR FREE#
This limit refreshes on the first day of each month, so you can cash in over the counter for up to PHP 8,000 for free every month. The fee will be deducted automatically from the amount you cashed into your GCash wallet. After reaching this limit, a service fee of 2% will apply each time you cash in. Over-the-Counter Cash InĬashing in is free in all over-the-counter outlets until you reach a monthly limit of PHP 8,000. Check out our PayPal FAQs for more information on how to add funds to your GCash through your PayPal account. To know more about your preferred bank’s service fee, go to our list of bank apps that use InstaPay.Ĭashing in via PayPal is also free of charge. Our partner banks that use InstaPay may incur service fees that vary per bank. You can also cash in from your preferred bank’s website or app using InstaPay. Listed below are the banks that will come with a convenience fee: BANK Tap on your preferred cash in method below to learn more about the fees for cashing in.ĭue to increasing costs, linked accounts will include a convenience fee for every Cash In transaction starting October 2, 2023. Certain fees apply to specific methods of cashing in to GCash.
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