Heads Up, BPI Users: Loading GCash Will Soon Cost You P10

(SPOT.ph) Do you typically load up your GCash via your BPI account? Then take note: loading up your GCash through the BPI app or BPI online will come with a P10 fee starting March 1. 

Also read: SPOT.ph Roadtest: GCash Works in Japan and It Saved Us From Money Changer Losses

BPI to charge P10 fee to load GCash

This fee will be charged if you use the "Load e-Wallet" feature on their platforms, announced the bank on February 26.

To clear things up: You might recall back in late 2023 when both BPI and UnionBank announced transfer fees to cash in on the GCash app itself? Well, cashing in via the e-wallet itself will still come with a P5 fee. But if you prefer not to link your bank account to the e-wallet app, meaning that you typically load up your e-wallet using BPI's own platforms, then that's what'll come with a P10 fee come March 1. 

Both BPI and GCash are part of the Ayala Group of Companies.

Also read: Psst, Here's a Way to Load Up Your GCash via BPI, UnionBank for Free

BPI fees for loading up e-wallets and others

BPI does have its own e-Wallet, called VYBE, which is free to charge up. It also remains free to load up Maya accounts, the e-wallet of PLDT and GCash's main competitor. 

BPI lets you load up a number of e-wallets through ECPay. You can check out their current fees below:

BPI fees for e-wallets

• GCash: P10 (starting March 1, 2024)
• Maya: No fee
• Vybe: No fee

Transportation

• Autosweep: P13
• Easytrip: P15 (deducted from load amount)

Others

• Beep: P10
• GetGo: P10
• Dibz Pay: No fee

UPDATED (March 1, 2024): This article was updated to clarify the difference of loading up GCash on BPI versus cashing in on GCash.