GCash Loan Review

Pros and Cons of GCash 



Key Points 

GCash is receiving positive reviews as a reliable and user-friendly loan platform for Filipinos. The company is secure and fast-growing, making it easy for customers to send and receive money, pay bills, and shop at local stores. The platform’s emphasis on security and reliability reassures users, while its versatility and expanding network of merchants make it attractive. Overall, this loan platform is considered a good choice for managing financial transactions in the Philippines.

Features Details
Interest rate from 3% to 15%
Loan Amount ₱5,000 to ₱25,000
Loan Tenure 15 to 90 days
Approval Time 1 day
Processing fee from 1.59% to 6.57% per month

Full Review 

In this loan review, our team of experts will take a look at the features and benefits of this online loan site, the leading mobile wallet service in the Philippines. With a secure and user-friendly platform, GCash Philippines has gained popularity among users who are looking for a reliable solution for their cash loan transactions. From money transfers to bill payments and online shopping, we’ll delve into GCash’s versatility and integration options. In addition, we will evaluate its convenience, reliability, and overall value to determine if  this loan platform lives up to its reputation as the best choice for Philippine transactions.

What is GCash? 

GCash Philippines is a mobile wallet and digital payment platform that has revolutionized the Philippine financial and loan market. This is a service offered by Mynt, a subsidiary of Globe Telecom, one of the largest telecommunications companies in the Philippines. The service allows users to store money in their digital wallets, which are accessed and managed through a mobile application. It can also be used to make money transfers, bill payments, online and in-store purchases, and cash-out options. You can link your bank accounts and your credit or debit cards to the loan accounts for a seamless transfer of funds.

GCash PH also introduced innovative features such as G-Invest, which allows users to conveniently invest in mutual funds from their loan account. In addition, this loan platform  has expanded its services to include insurance, savings, and even loans, providing users with a comprehensive economic management platform.

Security is a top priority for GCash Philippines. The online loan platform uses several stages of security measures to protect user data and transactions. These include two-factor authentication, biometric verification, and encryption technologies to keep user information and funds safe.

Founder Martha Sazon 
Official Launch 13-Feb-13
License number CS201302182

Loans Provided by GCash 

GCash Philippines has a variety of loan options to meet the economic needs of its users. Here are some of the loan types provided by the loan platform:

Best Online Loans Similar to GCash

Our upcoming table will reveal a variety of top-notch online loan platforms in the Philippines, each mirroring GCash’s services.

Company Loan Amount (PHP) Interest Rate Loan Term
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days
Kviku 500 – 25,000 1.2% per month Up to 180 days
Cashspace 1000 – 25,000 1.3% per month 2 – 4 months

Interest Rate for GCash 

GCash offers personal loans with interest rates ranging from 2.6% to 4%. These rates are dependent on factors such as the loan amount, repayment period, and the borrower’s creditworthiness. In addition to the interest charges, there is an online lending processing fee of 3% applied to the loan amount. 

The specific interest rates and processing fees may vary based on the partnership agreements between this loan platform and the participating financial institutions. Users are advised to carefully review the loan details and terms within the loan app to obtain accurate and up-to-date information on the interest rates and associated fees before applying for a personal loan.

GCash Cash Loan Requirements 

GCash has certain requirements that users must fulfill to be eligible for a loan. Here are some general loan requirements typically requested:

ID`s accepted by GCash

ID Type Name
ID Code driver’s license, passport 
Valid government-issued ID Professional Regulations Commission (PRC)
Pag-Ibig ID Home Development Mutual Fund (HDMF)

How Can You Repay a Loan in GCash? 

We have explored various payment methods from GCash that are convenient for repaying loans. Here are some of the more common ones:

Exclusive Features of GCash 

GCash Philippines has several unique features that set it apart from other mobile wallets and digital payment platforms. Here are some notable features that make GCash stand out:

  1. GScore and G-Invest: The company provides your credit scoring feature called GScore, which assesses creditworthiness based on commercial behavior.
  2. Additionally, GCash Philippines offers G-Invest, allowing users to invest in mutual funds conveniently from their accounts.
  3. Partner Ecosystem: GCash loan has built a vast network of partner merchants and establishments, enabling users to make cashless payments at a wide range of retail stores, restaurants, online platforms, and utility companies. This extensive partner ecosystem enhances the convenience and versatility of using the platform for various transactions.
  4. GCash Forest: It is an innovative feature that promotes environmental sustainability. Users earn “green energy” points by using GCash loan, and these points contribute to planting real trees in designated reforestation areas. It combines economic services with environmental consciousness, allowing users to make a positive impact while managing their finances.
  5. Insurance and Savings: The loan platform provides options for users to avail themselves of insurance coverage and savings products directly from their GCash accounts. This integration of economic services allows users to protect their assets and save for the future conveniently within the loan platform.

GCash Customer Support 

This loan site offers customer support through various channels, including a dedicated customer service hotline (2882), email support ([email protected]), and social media platforms. Users can reach out to the GCash support team for assistance with account-related inquiries, transaction concerns, and other support-related issues.

GCash Mobile Аpp Review 

GCash has a powerful and versatile mobile app that has changed the way Filipinos manage their financial transactions. It is available for iOS and Android operating systems. One of the standout features of the loan app is its extensive partner ecosystem, allowing users to make cashless payments across numerous retail stores, restaurants, online platforms, and utilities.

The app also provides a number of services besides the basic functions of a mobile wallet. Users can transfer money, pay bills, shop online, invest in mutual funds through G-Invest, and even access insurance and savings. These additional features make this loan app a comprehensive financial management tool.

GCash Mobile Аpp Review

How Does the GCash App Work?

The GCash PH app functions as a mobile wallet and digital payment platform, offering users a convenient and secure way to manage their finances. Here’s our overview of how the GCash app works:

How do I Create a GCash Account?

By following these steps, you can create a GCash account and begin enjoying the convenience and benefits of using the GCash mobile wallet and payment platform.

GCash Mobile Аpp Review

GCash Mobile Аpp Review

Whom GCash suits better? 

GCash suits a wide range of users, including students, small businesses, and individuals looking for a convenient and secure mobile wallet solution. The platform provides features like bill payments, fund transfers, loans, and cashless transactions, making it beneficial for those who seek seamless economic management on their smartphones.


Yes, GCash is legal in the Philippines. It is regulated by the BSP (Bangko Sentral ng Pilipinas) and operates under the necessary licenses and regulations.

Yes, it is possible to make advance payments using GCash. Many bill payment options in the app allow users to pay in advance for services such as telecommunications, utilities, and insurance premiums.

To edit your information on GCash, open the GCash app, log in,  go to the “Account” section, and select “Edit Profile.” From there, you can update and modify your personal information as needed.

To get approved for GCash, download the app, register for an account, provide the required personal information, undergo the verification process, and comply with the T&C.

The highest credit limit is ₱25,000.

GCash Competitors

Company Loan Amount (PHP) Interest Rate Loan Term Our Review
Digido 1,000 – 25,000 From 0% to 11.9% Up to 30 days Read Digido Review
MoneyCat 500 – 20,000 Up to 11.9% per month Up to 180 days Read MoneyCat Review
CashMart 3,000 – 150,000 From 0,8% to 3,5% Up to 6 months for new loan Read CashMart Review
EasyCash 5,000 – 25,000 0,33%-1% From 1 to 300 days Read EasyCash Review
Crezu 1,000 – 25,000 From 1.5% per month to 30% per year From 3 to 12 months Read Crezu Review
CashMe 2,000 – 20,000 0,08% per day Up to 3 months Read CashMe Review
Blend 50000 – 2 million From 1,5% to 3% monthly Up to 36 months Read Blend Review
Binixo 2000 – 30000 1% per day From 7 days to 30 days Read Binixo Review
Asteria Lending Inc 2000 – 50000 0.2% per day From 30 days to 120 days Read Asteria Review
Loanmoto 1,000 – 12,000 4% – 6% per month Read Loanmoto Review
Finbro 1,000 – 50,000 0.5% – 1.25% per day Up to 12 months Read Finbro Review
Kviku 500 – 25,000 1.2% per month Up to 180 days Read Kviku Review
Binixo 2000 – 30000 1% per day From 7 days to 30 days Read Binixo Review
PesoQ 5,000 – 20,000 4% – 6% per month 91 – 365 days Read PesoQ Review
CashBee 2,000 – 20,000 0,3% daily From 30 to 120 days Read CashBee Review
Revi Credit Philippines 1000 – 250,000 1% – 5% From 6 to 36 months Read Revi Credit Review
Tala 1,000 – 25,000 15% – 15.7% From 15 to 61 days Read Tala Review
OKPeso Up to 24% From 96 to 365 days Read OKPeso Review
Vamo 1,000 – 30,000 From 1,3% From 10 to 3000 days Read Vamo Review
Flexi Finance Up to 25,000 From 365 to 1460 days Read Flexi Finance Review
JuanHand Up to 50,000 14.7% per month From 14 to 90 days Read JuanHand Review
Moca Moca 2,000 – 35,000 0.83% per month From 180 to 365 days Read Moca Moca Review
RoboCash 1,000 – 25,000 From 0% to 11.9% Up to 30 days Read RoboCash Review
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