GCash GLoan Interest Rate: The Monthly Band, Converted
Contents
GLoan's interest rate runs from 1.59% to 6.99% per month, based on eligibility, per the GCash Help Center. Converted to the yearly terms you can compare, that band is about 19% to 84% a year (our estimate, ×12). This page prices both ends, adds the fees that ride on top, and puts the band against the loan apps we track. Checked September 2026.
The published band, converted
| Monthly rate | A year later (our estimate) | ₱10,000 costs per month |
|---|---|---|
| 1.59% (floor) | ≈19% | ₱159 |
| 6.99% (ceiling) | ≈84% | ₱699 |
Your position in that band is the GScore's decision, shown on the offer screen before you accept. Against our tables: the floor is the cheapest published ceiling in the market, beating VPlus's 18% cap; the ceiling is mid-pack, above Finbro's 36% and below Mabilis Cash's 131% and HoneyLoan's website rate of about 146%. The full comparison lives on the low-interest ranking.
The fees that ride on top
Two published fees change the math. The processing fee of 3% to 5% is charged on the loan amount, so a ₱20,000 GLoan at the 5% fee delivers ₱19,000 net while you repay ₱20,000-based interest. Late fees run 5% to 12%. And one published sweetener works the other way: pay the loan in full at least a month early and GCash posts interest cashback within 24 hours, per the Help Center.
How to check your actual rate
The offer screen in the GCash app states your monthly rate before you accept. Screenshot it, convert it by twelve, and compare that yearly figure against the loan app field. If the offer disappoints, the low-interest ranking shows registered alternatives with published ceilings. Our methodology page explains the conversion.
Frequently asked questions
What is GLoan's interest rate per month?
1.59% to 6.99% per month, based on eligibility, per the GCash Help Center. The exact figure for your account appears on the offer screen.
Is GLoan cheaper than loan apps?
At the 1.59% floor, usually yes. At the 6.99% ceiling plus a 3-5% processing fee, it is comparable to the mid-market. Price your actual offer yearly before deciding.
Does GLoan charge fees besides interest?
Yes: a processing fee of 3% to 5% of the loan amount, and late fees of 5% to 12%. Early full payment earns interest cashback.
The bottom line for borrowers
GLoan publishes its rate band openly: 1.59% to 6.99% monthly, about 19% to 84% a year. The GScore picks your point in that band. Your offer screen shows it; the conversion makes it comparable. Verified against the GCash Help Center, September 2026.
Sources used for this review
- GCash Help Center: GLoan fees and interest rate, interest cashback (accessed September 2026)
- Calculation method: our methodology page