This archive report was first published on 14 July 2021.
Published on July 14, 2021, GCash has become a popular e-wallet service in the Philippines, offering a convenient and safer way to make transactions.
However, there are still instances where users need to withdraw cash from their GCash accounts. In this article, we will guide you on how to withdraw money from GCash using three different methods.
Method 1: Withdrawal from an ATM ¶
One of the most common methods of withdrawing money from GCash is through ATMs. To do this, you will need a physical GCash Mastercard, which costs PHP 215 to obtain. The card allows you to make regular payments and online transactions.
Once you have the card, you can use it like any other ATM card to withdraw funds. However, be aware that you will be charged recurring withdrawal costs depending on the ATM you use.
Method 2: Instapay ¶
Another option is to transfer money from your GCash to your banking account with Instapay if you have a bank account with an ATM card. The money can then be taken out of the ATM.
Method 3: Partner Stores over-the-counter ¶
If you don’t have a physical GCash Mastercard or another ATM account, you can withdraw cash over-the-counter (OTC) from partner stores countrywide. The following institutions accept OTC withdrawals from GCash:
- Jaro Pawnshops
- ExpressPay Payment Centers
- TrueMoney Payment Centers
- Posible Payment Centers
- SM Department Stores
- Robinsons Department Stores
- FamilyMart
- PeraHUB Pawnshops
- Villarica Pawnshops
- Tambunting Pawnshops
Here’s how to withdraw money over-the-counter from GCash:
- Inform the cashier that you would like to withdraw or cash out from your GCash wallet.
- Give them your phone number as well as the amount you want to withdraw.
- Present a valid ID.
- Receive an OTP by SMS to confirm your transaction.
- Get the withdrawn cash from the cashier once you’ve confirmed.
That’s it! You’ve successfully withdrawn money from your GCash account.
