Follow us for updates
© 2020 reportr.world
Read the Story →

LIST: GCash and PayMaya Cash In, Transfer Fees

Take note!
by Clara Rosales
Nov 17, 2020
Photo/s: Joel Guinto/reportr.world
Shares

Online transactions boomed during this quarantine as consumers loaded up their digital wallets. GCash and PayMaya had free cash-ins and bank transfers earlier this year to provide relief to users, but some of those fees have since returned.

ALSO READ: GCash Transfer Fees Moved to Nov. 1 in Relief to Users

Still don't know which transactions are free and which ones come with a price?

Here's a list of GCash and PayMaya transaction and cash in fees:

GCash fees

Cash-in

Free

  • BPI
  • UnionBank
  • Paypal
  • Payoneer

Free until end of year

  • Eastwest Bank

Free until further notice

  • AUB
  • Landbank
  • Maybank
  • UCPB
  • Security Bank
  • PSBank
  • PNB

One-peso fee

  • PBCOM

With transaction fee

  • BDO
  • Metrobank
  • RCBC

Users can cash in up to P8,000 per month over the counter for free. Anything more will be charged a 2% transaction fee.

Cash-outs

Mastercard cash-outs and withdrawals are charged an extra P20. Over-the-counter cash-outs can be charged anywhere from P20 up to to P1,000, depending on the amount cashed out.

Continue reading below ↓

GCash to GCash transfers are still free of charge. Services such as buying load, splitting the bill, paying via QR code, paying for your online shopping, requesting and saving money, and booking movies can be done on the GCash app for free.

PayMaya

Cash-in

Free

  • BPI

Free until end of year

  • AUB
  • Landbank
  • Maybank
  • UCPB
  • Security Bank
  • PSBank
  • PNB

Free until further notice

  • Ministop
  • AUB
  • Landbank
  • Maybank
  • UCPB
  • Security Bank
  • PSBank
  • PNB
  • Unionbank
  • EastWest Bank

One-peso fee

  • PBCOM

With transaction fee

  • BDO
  • Metrobank
  • RCBC

With transaction fee (over-the-counter)

  • For a full list of over-the-counter Add Money partners charging transaction fees, check the PayMaya website

PayMaya users have a P10,000 monthly threshold which applies only to over-the-counter cash-in transactions. Anything beyond that amount will be charged a 1% transaction fee.

According to the PayMaya website, those who have not reached their monthly cash-in limit will be refunded the convenience fee.

Other banks and services

Continue reading below ↓

Adding money via InstaPay and PESONet will follow the bank's charges. Bank transfers, Western Union, and Smart Padala partner transactions will also be charged a corresponding fee.

PayMaya to PayMaya transactions are free. Billers may charge transaction fees for bills payment done in-app.

ALSO READ: PayMaya and BPI Too, Why Are Transfer Fees All Coming Back on Oct. 1?

Latest Headlines
Read Next
Recent News
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to reportr.world newsletter, you agree to our Terms of Service and Privacy Policy.