GCash is one of the most popular e-wallets in the Philippines. According to a study by We Are Social and Hootsuite, 73 percent of Filipinos are active mobile phone users. And GCash has tapped into this market, with over 12 million registered users as of September 2018.
GCash allows users to pay for online purchases, settle bills, and even send money to other GCash users. It also allows users to withdraw cash from ATMs without the need for a debit card.
How to Cash Out GCash
With GCash, you can easily transfer funds from your GCash wallet to your bank account. This is called cashing out. Cashing out is useful if you need to withdraw money from your GCash account or if you want to transfer funds from GCash to your bank account.
To cash out from GCash to your bank account, follow these steps:
- Open the GCash app and log in to your account.
- Tap on ‘Cash Out’.
- Enter the amount you want to withdraw.
- Choose the bank account you want to withdraw from.
- Tap ‘Confirm’.
- Enter the OTP (one-time PIN) that you will receive via SMS.
- Tap ‘Confirm’.
That's it! You will now have the funds in your GCash account, which you can use to pay for online purchases or send to other GCash users.
Cash Out through GCash Partners
GCash has partnerships with several banks and establishments, which allows GCash users to withdraw cash from their accounts. Some of GCash’s partners include 7-11, Cebuana Lhuillier, Globe Telecom, and SM Malls. To find out more about GCash’s partners, visit the GCash website. To withdraw cash from a GCash partner establishment, follow these steps:
- Go to the GCash partner establishment.
- Present your QR code to the cashier.
- Enter the amount you want to withdraw.
- The cashier will scan your QR code and process the transaction.
- You will receive an SMS confirming the transaction.
- The cashier will now disburse the amount to you.
Over the counter
(OTC) GCash Cash-OutYou can also withdraw cash from your GCash account by going to an authorized GCash partner outlet. To find the nearest GCash partner outlet, visit the GCash website or tap on ‘Cash Out’ in the GCash app. Once you have found an outlet, follow these steps:
- Go to the GCash partner outlet.
- Fill out the GCash withdrawal form.
- Present the completed form, along with your valid ID, to the cashier.
- The cashier will process the transaction and give you the cash.
- You will receive an SMS confirming the transaction.
- That’s it! You will now have the cash in hand.
ATM Withdrawal via GCash Mastercard
How to Get GCash Mastercard?
GCash Mastercard is a physical card that can be used to withdraw cash from ATMs. It can also be used to shop online or in stores.
To get GCash Mastercard, follow these steps:
- Log in to your GCash account and tap on ‘Get GCash Mastercard’.
- Enter your shipping address and tap ‘Submit’.
- Choose the delivery method and tap ‘Confirm Order.
- Enter your OTP (one-time PIN) and tap ‘Confirm’.
- Wait for your GCash Mastercard to arrive.
- For GCash Mastercard Delivery, there is a shipping fee of Php 70 that will be shouldered by the customer. The GCash Mastercard will be delivered within 5-7 business days.
- For GCash Mastercard Pickup, there is no shipping fee. The GCash Mastercard will be delivered within 2-3 business days.
To activate your GCash Mastercard, you must enter your OTP (one-time PIN). Once activated, you can start using your GCash Mastercard to withdraw cash from ATMs or shop online.
GCash Cash Out FAQs
Can I cash out using GCash if I’m not the owner?
Yes, you can. As long as you have the QR code of the GCash account, you can withdraw cash from it.
How much is the GCash cash-out fee?
GCash does not charge any fees for cash-out transactions. However, there may be charges incurred if you use an ATM that is not part of the GCash network. These charges will be shouldered by the customer.
What is the minimum and maximum cash out GCash?
There is no minimum or maximum limit for GCash cash-out transactions. However, there may be limits imposed by the ATM that you are using.
Can I use GCredit to cash out?
No, GCredit cannot be used for cash-out transactions. GCredit is a separate service that can only be used for purchases.
Can I create a GCash account without an ID?
Yes, you can create a GCash account without an ID. However, you will need to provide an ID when you verify your account.
Is the GCash app downloaded for free?
The GCash app is free to download.
