Gcash Mastercard Withdrawal Fee and Affiliated Atm

If you’re short of cash, worry no more because you can withdraw from your Gcash account using your Gcash Mastercard. Be advised though that Withdrawal Fees will apply. Gcash, like other regular ATM, charges fees for every transaction.

Gcash Mastercard Withdrawal Fee

Gcash Mastercard Withdrawal Fee is what other bank charges for every withdrawal from their Automated Teller Machine (ATM).

Withdrawal fees from different banks

Like a regular debit or ATM card, use your Mastercard to withdraw cash from your GCash account. The first two withdrawal is free for an enterprise account. A subsequent charge of Php20 will be deducted from your Gcash account for every withdrawal, regardless of the amount. Also, you will receive a confirmation SMS of the actual amount you withdrew plus Php 20. International ATM withdrawals will incur a service charge of Php 150.

Note: Your Mastercard Pin number is your GCash MPIN.

Also, there’s a fee of Php3 for every balance inquiry. International balance inquiry will incur a service charge of Php 50. Instead of paying for this fee, best to check your balance through your Gcash account or dial *143# from your Globe phone.

Should you prefer to transfer the amount to a bank account instead, Php 15 fee shall apply per transfer.

ATM for Gcash Mastercard withdrawals 

Cash-out in any Bancnet or Mastercard affiliated ATM banks, such as:

• BPI
• UnionBank
• BDO
• Metrobank
• RCBC
• AUB
• EastWest Bank
• LandBank
• Maybank
• PBCOM
• PNB
• PSBank
• Security Bank
• UCPB

Cash-Out via GCash Partner Outlets

If you don’t have a Mastercard yet or there’s no ATM in sight, you can cash out over-the-counter through Gcash Partner Outlets. Here is the list of GCash Partner Outlets:

• Puregold
• Robinsons Department Store
• SM Department Store
• Villarica
• Tambunting
• Palawan Pawnshop
• Bayad Center and Express Pay

To look for possible nearby Cash-out centers, you can go to your Gcash App and click on Cash Out. Find your preferred partner and click on the blue pin on the map.

When cashing out over-the-counter, they will charge you 2% or Php 20 for every Php 1,000.00 you withdraw. Example: If you are cashing out Php 10,000, you will be charged Php 200.00. You can either pay it upfront or deduct it from the amount you’re withdrawing.

Gcash Mastercard withdrawal limit

The minimum amount for GCash Mastercard withdrawal is Php 500 while the maximum daily amount is Php 50,000 per day.

What are the probable reasons why I can’t cash out?

Foremost, check if you’re account is fully verified to avail of this service. Once that is confirmed, ensure that you have enough funds to cover what you are trying to withdraw.

For ATM Withdrawal

Ensure that the ATM is Mastercard or BancNet affiliated. Check the list provided above before attempting to withdraw funds using your Mastercard. In addition, check if you have already exceeded the withdrawal limit.

For Over-The-Counter

As you are dealing with a partner outlet, it can be possible that the outlet doesn’t have enough funds to cover your withdrawal. Also, the only one who can cash out is the owner of the account and has the necessary documentation available such as a valid ID.

Insider Tip

If you want to avoid GCash Withdraw Fees, you can transfer your funds to GSave account. GSave is a bank account built by Gcash and CIMB that allows you to transfer the cash from GCash and withdraw the same amount with CIMB ATM without fees.

Ensure that you are aware of the charges to avoid confusion on your Gcash balance and statement. Allocate enough funds to make the necessary transactions.

If you have any questions regarding your Gcash Mastercard withdrawal fee follow our guide to reach Gcash customer service easily.

Read:

• Gcash Mastercard price
• Gcash Mastercard 711