How to Earn Money in GCash
If you want an easy way to make money, GCash is a good choice. It’s an app on your phone that helps you handle money. You can learn how to earn money in GCash, like a side job. GCash has lots of things you can do to help you make more money. This guide will show you different ways to do it. Let’s find out how you can use GCash to make more money without much effort.
DIFFERENT WAYS TO MAKE MONEY WITH GCASH:
Find out how to earn money on GCash without spending anything. Also, check out ways to earn more money on Shopee.
1. Sell prepaid loads:
If you want to earn money on your own, think about selling cell phones. You can sell load credits for different networks like Smart, Globe, TNT, TM, and DITO, starting from ₱5 up to ₱1,000, including special offers. You don’t need any referrals to start this.
To begin selling loads, open the GCash app and click on “Buy Load.” Enter the phone number you’re sending the load to and choose the amount. You can also add a bit extra, like Php 3-5, to the load’s price as your profit. For example, if you sell a Php 100 load and add Php 3, the total cost will be Php 103.
If you know a lot of friends or neighbors, you can sell loads to them. With GCash, you can easily buy loads for them whenever they need it. The money you make from selling these loads is all yours—it’s that simple!
2. Provide service for cash-in and cash-out:
Helping people put money into or take money out of their GCash wallets can make you money. When you become a GCash partner, you need to apply and meet their rules. Once they approve you, set up a place for people to use your services. Tell lots of people about what you offer. Charge fair prices to earn money. Be nice to customers to keep them happy and coming back.
Number of Transactions per Day | Average Transaction Value (in PHP) | Service Fee (%) | Daily Revenue (in PHP) |
---|---|---|---|
50 | 1,000 | 1% | 500 |
3. Refer a Friend
You can make money with GCash by getting your friends or family to sign up and use the app. When they do, you can get rewards. Let’s talk about how this referral program works and how it can help you make more money.
Number of Referrals | Referral Reward per Referral (in PHP) | Total Earnings (in PHP) |
---|---|---|
10 | 50 | 500 |
The rewards you get from referrals and how much you can earn might change sometimes. It’s important to check GCash’s latest rules about referrals. That way, you’ll know exactly how much you can earn by referring friends or family.
4. Play Different Games:
You can make money by playing games on GCash. They have games in their app where you can have fun and win prizes. Let’s check out how you can play these games, what you need to do, and how much money you might be able to make.
Process:
- Open the GCash app and look for the Games section in the main menu.
- Pick a Game: There are lots of games to choose from. Find one you like.
- Play and Win: Start playing the game and try to get high scores or finish goals. As you do better, you can get rewards like coins or points.
- Get Rewards: When you collect enough points or rewards, you can trade them for prizes, vouchers, or even real cash. GCash lets you turn your rewards into money that you can use or take out.
Daily Coins Earned | Daily Earnings (in PHP) | Weekly Earnings (in PHP) | Monthly Earnings (in PHP) |
---|---|---|---|
1,000 | 10 | 70 | 300 |
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5. Pay bills through GCash:
Did you know you can earn money by helping people pay their bills? When you become a bill payment partner or agent, you can make money by helping others pay their bills. This is a handy way to help people manage their bills and make extra money for themselves.
Service Fee (%) | Number of Bill Payments per Month | Average Bill Amount (in PHP) | Total Transaction Value (in PHP) | Earnings (in PHP) |
---|---|---|---|---|
5% | 100 | 1,000 | 100,000 | 5,000 |
How much money you make can change. It depends on how many bills you help pay, the fees you charge, and how many people need this where you live. To make more money, see what others are doing, think about their prices, and similarly set yours.
Read this: Looking to optimize your GCash account? Explore ways to manage transactions better by understanding how to clear transaction history in your GCash app.
6. Offer a loan through credit:
Giving people or businesses loans where they pay you back with extra money (interest) can help you make more money. When you lend money, people pay back more than they borrowed, and that extra money is your income.
Before offering a loan:
- Check if the person can pay back the loan: Before giving someone a loan, see if they can repay it. Look at their past borrowing, how much they earn, and if they can handle repaying the loan.
- Choose loan details: Figure out important things about the loan, like how much money to lend, the interest rate, how long they have to repay, and any extra charges. Make sure everything follows the rules.
- Give out the loan and handle payments: Once the loan is approved, give the money to the borrower. Make a plan for how they’ll pay it back, and make sure they pay on time. This includes paying interest and any other charges.
Loan Amount (in PHP) | Loan Amount (in PHP) | Repayment Period | Total Interest Earned (in PHP) |
---|---|---|---|
50,000 | 10 | 1 Year | 5,000 |
7. Earn through investment:
GFunds in GCash help you grow your money by investing it. These funds are managed by pros who handle different types of investments. Here’s some important information and an example of how you could earn from it:
- Choose Your GFund: In GCash, you’ll see different GFunds, each made for specific goals and risks. Pick the one that matches what you want to achieve and how much risk you’re okay with.
- Start Easily: Begin investing in a GFund on GCash with as little as Php 50. This makes it possible for more people to join in and invest.
- Track Your Earnings: Keep an eye on how your GFund is done in the GCash app. Watch the value of the fund and any money you earn from it, like distributions or dividends.
Investment Amount (in PHP) | Annual Return (%) | Potential Earnings (in PHP) |
---|---|---|
10,000 | 8 | 800 |
8. Earn interest by saving money
You might want to save it in a GCash account. Instead of a regular bank account that gives you less than 1% interest, GCash offers a better deal with a high-interest rate of 3.10% per year.
In GCash savings accounts, you can put in up to $100,000 every year. This could get you as much as $3,100 in interest. Also, all the money you put in is protected by the Philippine Deposit Insurance Corporation (PDIC). That means your money is safe and secure.
Savings Amount (in PHP) | Annual Interest Rate (%) | Potential Earnings (in PHP) |
---|---|---|
50,000 | 2 | 1,000 |
9. Earn Money through Ads
- First, open the GCash app on your phone and log in.
- Then, tap the “Discover” icon at the bottom of the screen.
- Scroll down and choose “Watch & Earn.”
- Now, select an ad or video to watch. Remember, you’ll need to watch it for a certain time to get your reward.
- Once you finish watching, you’ll get a message showing how much you earned.
- Tap on the message to get your reward. It will be added to your GCash wallet.
10. Earn through the Cashback feature:
With GCash’s Cashback, you can earn money while you buy stuff every day. Whenever you use GCash for your usual purchases, you collect cash rewards that grow bit by bit. It’s an easy way to get some extra cash without much effort while you shop.
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FAQs
How can I withdraw money from my GCash account?
You can take money from your GCash account at any store that partners with GCash or from your connected bank account. Just use the GCash app and follow the steps to get the money out.
Is GCash safe for financial transactions?
Yes, GCash is safe to use. It has strong security to keep your money and transactions safe. You can trust it.
Are there any fees associated with GCash transactions?
Most things in GCash are free, but a few might have small fees. It’s important to check the rules to know if there are any charges.
Can I use GCash for international transactions?
Yes, you can use GCash to send money internationally and do transactions abroad. It gives good rates for changing money and is an easy way to handle worldwide money stuff.
Conclusion
Making money with GCash is easy and good. You can invest, save, or just use it for your regular stuff and make some extra cash. GCash has lots of chances to show you how to earn money in GCash. Use this cool mobile wallet and see your money increase.
Remember to tell your friends and family about GCash, so they can also find out how to make money with it!
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