While GCash once offered a seamless way to convert Globe prepaid load into funds within the app, this feature is no longer available.
This article explores alternative methods to turn unused load into cash, acknowledging that these options may involve fees and other considerations.
Direct Load-to-Cash Conversion Apps
Several third-party apps claim to facilitate load-to-GCash conversions. These apps typically utilize direct carrier billing, deducting the load amount from your mobile balance and transferring a corresponding (though reduced) cash value to your GCash account. Two examples are Load2Cash and Load to Cash.
- Load2Cash: This app supports multiple networks but charges a hefty 50% fee plus a 12% telco tax. Furthermore, payouts are processed on the 20th of the following month, resulting in a significant waiting period. User reviews on the Google Play Store are mixed, warranting caution.
- Load to Cash: This app is in development and lacks user reviews, making it difficult to assess its reliability. It advertises conversion to GCash, PayMaya, Coins.ph, and select banks, with fees varying depending on the telco and payment gateway. Conversion reportedly takes two days, with cashouts paid the following month.
Important Disclaimer: The information regarding Load2Cash and Load to Cash is for informational purposes only. We are not affiliated with these apps and cannot vouch for their legitimacy or reliability. Users should exercise caution and conduct thorough research before using these services.
Alternative Methods
- Facebook Groups and Traders: Facebook groups and pages dedicated to load-to-GCash exchanges exist. However, caution is paramount. Thoroughly vet any trader, scrutinize reviews, and request proof of legitimate transactions to mitigate the risk of scams.
- Direct Sale of Load: Selling load directly to someone who needs it and receives payment via GCash is another option. Offering a discounted price compared to purchasing load through GCash can incentivize buyers. Ensure clear communication and agree on payment terms (before or after load transfer) to avoid misunderstandings. For reference, instructions for transferring load via Globe and Smart are provided below:
- Globe: Text the load amount to 2 + 10-digit number (replacing the leading “0” with “2”). For example: 100 send to 29123456789.
- Smart: Text 11-digit numberamount to 808. For example: 09123456789 50 send to 808.
While the direct conversion feature within GCash is gone, workarounds exist. However, these methods often involve fees, delays, or potential risks.
Exercise due diligence, research thoroughly, and prioritize secure transactions when converting prepaid load to GCash. This information is subject to change, and exploring official channels for updates is always recommended.