GCredit FAQs
1. How do I use GCredit for cash?
Just like GCash QR Transactions, you can use GCredit as a payment source for QR Transactions in Ayala Malls and other partner merchants such as Puregold, Robinsons, and SM. You can also use it to pay your bills through the GCash app and shop online in selected e-commerce merchants.
2. Can I cash out GCash credit?
You can cash out at any BancNet and/or Card affiliated ATM or at any GCash Partner Outlet. Simply look for the logo of either Mastercard or BancNet on the ATM.
3. How do I get a loan from GCredit?
You have successfully applied to activate your GCredit account! Tap “Borrow” on the main page and select “GCredit”. Check if your email address is correct. Review your personal information and input the details being asked. Review your GCredit application. Tap “Submit” to finish.
4. What can I use GCredit for?
You can use GCredit to purchase your essentials, pay for your online transactions, and pay bills. There are a number of ways you can use GCredit on GCash. You can use GCredit to pay for your transactions in Pay Bills, Pay Online, Pay QR, and GLife.
5. Can I convert SPayLater to cash?
SPayLater credit cannot be withdrawn.
6. What happens when I don’t use my GCredit?
Your account is already subject to a penalty fee once you have reached the number of days past your due date and you still have outstanding GCredit dues. This would incur an additional penalty fee.
7. How much can I cash out from GCash?
How do I Cash Out with my GCash Card
DAILY TRANSACTION LIMIT: PHP 40,000
SINGLE TRANSACTION LIMIT: PHP 20,000
8. What is the highest GCredit score?
FICO scores range from 300 to 850.
9. How much is the minimum payment for GCredit?
To know more about your bill, visit Where do I see my Minimum Amount Due? Your Minimum Amount Due for this billing cycle is PHP 200. When you pay your Minimum Amount Due, your remaining credit limit will be replenished by PHP 150, which is 15% of your unpaid charges.
How do I use GCredit for cash
Just like GCash QR Transactions, you can use GCredit as a payment source for QR Transactions in Ayala Malls and other partner merchants such as Puregold, Robinsons, and SM. You can also use it to pay your bills through the GCash app and shop online in selected e-commerce merchants.
Can I cash out GCash credit
You can cash out at any BancNet and/or Card affiliated ATM or at any GCash Partner Outlet. Simply look for the logo of either Mastercard or BancNet on the ATM.
How do I get a loan from GCredit
How do I get startedYou have successfully applied to activate your GCredit account!Tap “Borrow” on the main page and select “GCredit”Check if your email address is correct.Review your personal information and input the details being asked.Review your GCredit application.Tap “Submit” to finish.
What can I use GCredit for
You can use GCredit to purchase your essentials, pay for your online transactions and pay bills. There are a number of ways you can use GCredit on GCash. You can use GCredit to pay for your transactions in Pay Bills, Pay Online, Pay QR and GLife.
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Can I convert SPayLater to cash
SPayLater credit cannot be withdrawn.
What happens when I don’t use my GCredit
Your account is already subject to a penalty fee once you have reached the number of days past your due date and you still have outstanding GCredit dues. This would incur an additional penalty fee.
How much can I cash out from GCash
How do I Cash Out with my GCash Card
| DAILY TRANSACTION LIMIT | SINGLE TRANSACTION LIMIT |
|---|---|
| PHP 40,000 | PHP 20,000 |
What is the highest GCredit score
FICO scores range from 300 to 850.
How much is the minimum payment for GCredit
To know more about your bill, visit Where do I see my Minimum Amount Due Your Minimum Amount Due for this billing cycle is PHP 200. When you pay your Minimum Amount Due, your remaining credit limit will be replenished by PHP 150, which is 15% of your unpaid charges.
How do I convert my Shopee credit to cash
Please ensure that you have added a bank account to your ShopeePay account, then you can proceed with self withdrawal from the Transferable Balance by selecting Transfer to Bank > Add / Select existing bank account > Fill in withdrawal amount > Select Next > Select Transfer Now > Enter your ShopeePay PIN number.
Can I convert SLoan to cash
You can withdraw a minimum of PHP 2,500 and a maximum of PHP 100,000 depending on the credit limit given to you when your account was activated. SLoan will be disbursed to your ShopeePay wallet. Make sure that your ShopeePay Wallet is activated and verified to be able to cash out and use SLoan. Learn more here.
What is the GScore for 10000 GCredit
The app requires a GScore of around 600 to unlock the 10000 credit limit to unlock the feature. You just have to keep on using the cash-in feature to increase your score.
Can I cash out GCash without card
There are a few ways you can Cash Out of your GCash account; these include: Method 1: Cash Out using GCash MasterCard. Method 2: Cash Out using GCash Partner Outlets. Method 3: Cash Out using Bank Transfers.
Can I cash out money from GCash to 711
Enter your GCash-registered number, enter and confirm the cash in amount, and wait for the printed receipt. Present receipt to the cashier and pay. You will receive an SMS confirmation for the successful cash in.
Is GCredit considered a credit card
GCredit is a revolving mobile credit line available on the GCash app which may be used as another payment option for your purchases. Once eligible, you will be given a credit limit that you may consume and replenish every time you pay off your balance with the corresponding interest.
Can I transfer money from Shopee to bank account
To make a withdrawal, select Withdrawal > select bank account > fill in withdrawal amount > Next > Confirm > enter your ShopeePay PIN. Withdrawals cannot be cancelled once confirmed. You can submit your withdrawal on the weekends/ public holidays but note that it will take 1-3 working days to be processed.
How do I withdraw money from SLoan
[SLoan] How to withdraw from SLoanStep 1 – Go to SLoan homepage and click "Withdraw Now"Step 2 – Input the loan amount and select the desired loan tenure.Step 3 – Select disbursement method, view the fees schedule, then click "Withdraw Now"
What is the benefit of high GScore in GCash
Your GScore is the primary basis for you to qualify to use our lending products such as GCredit, GGives, and GLoan. All GCash users have a GScore, which is a score that reflects how active you are when you use GCash. Having a high GScore gives you access to GCredit. Visit How can I apply for GCredit to learn more.
How can I withdraw money from GCash without ATM
How can I withdraw money from my GCash accountMethod 1: Cash Out using GCash MasterCard.Method 2: Cash Out using GCash Partner Outlets.Method 3: Cash Out using Bank Transfers.Method 4: Cash Out using Makatizen Card.
How much is the fee to cash out from GCash
What are the fees I may encounter in GCash
| Product | Fee Description | Fee Amount |
|---|---|---|
| Cash Out | via Over-The-Counter outlets is charged with a withdrawal fee. | 2% |
| via ATM withdrawal fee *as charged by banks servicing the ATMs | ₱10 to ₱18 | |
| via ATM Withdrawal fee (International) | ₱150 | |
| GCash Mastercard | Offline Card Purchase | ₱150 |
What is the difference between GCash and GCredit
GCash and GCredit are 2 payment types available to all GCash app users. But how do you know which one to use when you purchase GCash balance reflects the actual money you have on hand in GCash while GCredit balance reflects the remaining amount you can borrow from your GCredit credit line.
How do I convert Shopee to cash
Select ShopeePay wallet on the Shopee homepage > Cash In > select your preferred payment option > complete payment.
Is SLoan convertible to cash
Cash loan from SLoan will be credited to your ShopeePay wallet and you can use it to purchase, send money, and withdraw via bank transfer. You must activate and verify your ShopeePay account to be able to cash out and use SLoan.
What is the highest credit limit for GCredit
GCredit gives you a credit line of up to PHP 30,000 that allows you to instantly pay for your online transactions and your essentials at a later date to over 100,000 stores and billers with no additional requirements needed. A credit line allows you to borrow money anytime to complete your online transactions.
Can I use my GCash ATM abroad
With the GCash card you can: Pay at any of the 35.9 million Card merchants in 210 countries and 150 currencies with your GCash Card. Withdraw from any affiliated Bancnet ATMs nationwide and Card ATMs worldwide.
