There is no doubt that GCash is a great app for sending or receiving money, paying bills, shopping anything online, buying prepaid load, and many other things. You can actually earn money in GCash too, right? GCash can be a great moneymaking app for students, the unemployed, and even those with full-time jobs looking for some extra income.
The GCash app, if you haven’t heard of it, lets you make cashless transactions online or even in stores. It is like a virtual wallet that stores your money on your phone so that you don’t have to pay in cash. You just whip out your phone, launch the GCash app, and pay via QR code or fund transfer. Wallets like GCash have revolutionized how we pay for and spend money.
In addition to being an e-wallet for cashless transactions, GCash can also be used to earn money. Either you can earn money passively by doing nothing and watching it grow, or you can earn money actively by working a bit. In either case, you can make money online through GCash with minimal risk and with few efforts. If it doesn’t make you rich, it certainly keeps the lights on and helps pay the bills.
Earnings can be deposited into your GCash wallet mainly through the GCash app, but third-party applications also do this. The sole purpose of this article is not to review these apps, but rather to show you how to earn money solely by simply using the app GCash. We will also talk about how to earn money in GCash without inviting other people.
Make money in GCash by inviting friends
GCash allows you to earn money by inviting and referring other people to sign up for GCash. Your referral link allows you to earn P50 per new signup, up to P1,250 per month. Prior to getting paid, your referral must verify his GCash account and complete his first cash-in.
Refer a friend and earn money with GCash
The GCash referral link is obtained by selecting “Refer Friends” from the upper-left menu. The link can then be shared via SMS, Messenger, QR code, or other mobile apps.
Earn money with GCash by selling prepaid loads
A third way to earn money with GCash is to sell prepaid load to your family, friends, or neighbors. Loads for Smart, Globe, TNT, TM and other networks range from ₱5 to ₱1,000, as well as prepaid promos.
Sell load to earn money in GCash
The GCash prepaid load program offers a 5% rebate. Therefore, for every P100 load purchase, you will receive back ₱5. The sum will add up over time. A month’s worth of prepaid load will earn you ₱500 in pure profit. Not bad at all!
If you have many friends or neighbors, you can offer to sell them prepaid load. When they want to buy load, you simply buy it for them using your GCash app. Your profit is collected when the payment is collected. Simple as pie!
Invest your money and earn interest
Why not save some of your extra money in your GCash savings account? GCash allows you to deposit your money in a high-interest savings account instead of putting it in a bank account of any Bank that will earn less than 1% interest per year.
With GCash, you can earn 3.10% per year in interest. If you deposit up to 100,000 per year in your GCash savings account, you can earn up to *3,100 in interest per year. In the Philippines, all deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).
With GCash savings account, you can earn money
The GCash savings account is currently powered by CIMB Bank Philippines, which is one of the largest banks in Southeast Asia. It is available to all the semi and fully verified users of Gcash, so you have to make sure that you will verify your GCash account first.
In order to access your GCash savings account, you have to open the GCash app and tap on “Save Money.” Then click “Deposit” to add money from your wallet and enter the amount you want to deposit.
GCash savings accounts are powered by CIMB Bank Philippines, one of the largest banks in Southeast Asia.
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