GCash review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
GCash suits anyone in the Philippines who wants a digital-only wallet with a savings pot, and it charges a currency conversion fee of 0% on card spend. Set against a site median of €0 for monthly fees, the PHP 30 account fee is the one cost to watch.
Key facts
- Best for
- Philippine residents and expats wanting an app-only wallet with savings and low-fee transfers.
- Monthly fee
- ₱30↗
- Currency conversion fee
- 0%↗
- Currencies
- 1↗
- Transfer fee
- Send Money PHP 0 for first 500 sends and 500 receives per month, then PHP 5; Instapay Bank Transfer PHP 10 per transaction↗
- Legal entity
- G-Xchange, Inc. (GXI)↗
- Headquarters
- Philippines↗
- Founded
- 2004↗
- Support channels
- Phone, Help-centre↗
- Audience
- Expats, Business
- Pricing model
- Low FX fees
- Features
- Digital-only
- Official website
- gcash.com
Savings
Money transfer
Facts checked September 26, 2026, 8 sources
Pros and cons
Pros
- Send Money transfers start at PHP 0 for a set number of sends each month
- Conversion fee of 0%, below the 0.5% site median
- Savings pay 2.3% at a variable rate with a PHP 0 minimum deposit
- Payouts to bank, cash pickup, wallet or card, and receipts are Instant
Cons
- Monthly fee of PHP 30 against a €0 site median
- Holds 1 currency only
- Support runs on phone and help centre only
Who it suits
- Expats in the Philippines wanting everyday payments and a savings balance in one app
- Business users sending and collecting money without a branch
- People who prefer managing money entirely on a phone
Who should look elsewhere
- Anyone holding several currencies, since GCash covers 1
- Skrill or Plazo ES, if a €0 or €0 monthly fee matters more
- People who want in-person service, as the wallet is digital-only
Rates and card terms
GSave pays 2.3% at a variable rate, so the figure moves with the underlying rate rather than being locked in. The account is easy access and opens straight inside the app, with a minimum deposit of PHP 0. Card spend carries a conversion fee of 0%, which is where most day-to-day cost sits for anyone paying abroad.
How GCash compares
8.8 vs 8.7
8.8 vs 8.6
8.8 vs 8.0
8.8 vs 8.9
8.8 vs 9.1
8.8 vs 9.2
8.8 vs 8.7
8.8 vs 8.7
8.8 vs 8.7
8.8 vs 9.0A monthly fee of €0 and multi-currency holding suit anyone outgrowing the 1 currency wallet.
8.8 vs 8.7
8.8 vs 9.5
8.8 vs 9.4
8.8 vs 9.3
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.1
8.8 vs 9.0
8.8 vs 9.0
8.8 vs 8.9
8.8 vs 8.9- 8.8 vs 8.9
8.8 vs 8.7
8.8 vs 8.5
8.8 vs 8.5
8.8 vs 8.5
8.8 vs 8.4
8.8 vs 8.3
8.8 vs 8.2
8.8 vs 8.1- 8.8 vs 8.1
8.8 vs 8.0
8.8 vs 8.0
8.8 vs 8.0
8.8 vs 9.1
Where GCash is available
- Available
- Australia, Canada, Germany, Hong Kong, Italy, Japan, Kuwait, Philippines, Qatar, Saudi Arabia, Singapore, South Korea, Spain, Taiwan, United Arab Emirates, United Kingdom, United States
- Licence in Philippines
- Bangko Sentral ng Pilipinas, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does GCash charge to hold an account?+
The account fee is PHP 30 each month, above the €0 site median and near the bottom of the 500 brands compared on monthly fee. Sending money costs less, since transfers start at PHP 0 for a set number of sends each month.
What is the interest rate on the GCash savings account?+
GSave pays 2.3% at a variable rate, so the rate can change rather than staying fixed for a term. The site median headline rate is 3%, so the return sits below a typical savings figure here.
Who regulates GCash?+
GCash operates in the Philippines under the Bangko Sentral ng Pilipinas, the country's central bank. The wallet is run by G-Xchange, Inc. and was founded in 2004.
How many currencies can I hold in GCash?+
The wallet covers 1 currency, the smallest count on the site and well under the 5 site median. Anyone needing to hold several balances at once should look at a multi-currency account instead.
What does it cost to send money abroad?+
Card and international transfers carry a conversion fee of 0%, which ranks GCash first of the 312 brands compared on that fee. Remittance receipts are Instant, and the money can go to a bank, cash pickup point, wallet or card.
Is there a minimum deposit to open GSave?+
The minimum deposit is PHP 0, so the savings balance can start at nothing. The account is easy access, opened and managed inside the app, with online banking available around the clock through CIMB and UNO Digital Bank.
Can I open GCash without visiting a branch?+
Yes, the wallet is digital-only and the savings account is opened and managed in the app. There is no counter service, so anyone who needs cash or in-person help has to handle everything on a phone.
How do I get help if something goes wrong?+
Support runs on phone and help centre, so you can call or work through the help centre. With a digital-only wallet there is no branch to visit, which leaves phone and written support as the routes.
Sources
- gcash.com checked September 26, 2026
Backs: Headquarters, Support channels
“W Global Center, Lane P Cor. 9th Avenue, Bonifacio Global City, Taguig, Philippines”
- gcash.com/about-us checked September 26, 2026
Backs: Audience, Features, Founded, Legal entity
“Mynt provides secure, accessible, and convenient fintech solutions to individuals, businesses, and organizations”
- gcash.com/services/cards checked September 26, 2026
Backs: Currency conversion fee, Pricing model
“Shop from local and international merchants without additional fees”
- gcash.com/services/cash-in/receive-international-remittance checked September 26, 2026
Backs: Delivery time
“Receive remittance instantly or claim on the app with your reference number.”
- gcash.com/services/gsave checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type
“Open your savings account with our trusted bank partners all in the convenience of your own phone. Enjoy 24/7 online banking. 24/7 banking are available for CIMB and UNO Digital Bank.”
- gcash.com/terms-and-conditions/fees checked September 26, 2026
Backs: Monthly fee, Transfer fee
“Basic Account Maintenance Fee PHP 30 per month - Maintenance fees are applied after an account is suspended for exceeding the 12-month verification period”
- new.gcash.com/terms-and-conditions/fees checked September 26, 2026
Backs: Fee to send 1,000
“Send Money: None for the first 500 sends and 500 receives per month”
- bsp.gov.ph checked September 26, 2026
Backs: Licences
- gcash.com/terms-and-conditions checked September 26, 2026
Backs: Currencies, Payout methods
“The GCash Wallet or GCash Account is not a multicurrency wallet or account, which means it can only receive, transfer, or process transactions in Philippine Peso”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection.
Related by the facts
Guides
GCash
Philippine residents and expats wanting an app-only wallet with savings and low-fee transfers.