Sending money from GCash to a bank or another e-wallet over InstaPay costs ₱10 from today, down from ₱15. The GCash Help Center says: “Starting July 4, 2026, InstaPay transfers will be lowered to Php 10 per transaction.” The wallet’s fee page is headed “Fees Updated as of July 4, 2026.” The ₱50,000 per-transaction cap on InstaPay is unchanged.
What changed
- Before₱15 per InstaPay transfer to a bank or another wallet
- Now₱10
- EffectiveJuly 4, 2026
The BSP’s fee summary carries the same step for G-Xchange, Inc., the GCash operator, in a footnote reading “Fees lower to P10.00 effective on 4 July 2026” (BSP ↗ · ).
Sending inside GCash
GCash-to-GCash transfers are not affected. Reading the GCash terms and conditions, GMA News reports 500 free send and receive transactions a month, after which select users are charged ₱5.
Today is also the day BSP Circular No. 1238 takes effect, which requires that an off-us person-to-person fee not materially exceed the same institution’s on-us fee plus the switch cost. GCash lowered its price rather than removing it.
Our GCash fees page lists the wallet’s charges, and transfer fees compares them with the banks.