Last month, I finally had a chance to enable the GCash Invest Money feature on my account. I wasn’t able to get it done in the past because after some app updates my fully verified status was wiped out. I thought it may take a while for me to verify again but I was wrong. It only took a few minutes after sending IDs.
I should’ve done it in the past.
Anyway since I was able to fully verify my account again, it is time for me to try out the new features that I have missed. One of them is the GCash Invest Money. Let’s discuss a few things about it and some insights about my experience in using it.
BTW, just a simple disclaimer, I am not an expert when it comes to Investments. I’m just really into trying this feature out and if it’s worth it then I’ll continue using it. We may need to check out some financial advisors about complex ideas about investing.
First of all, what is GCash Invest Money?
Well, from the word itself, it is the investing platform provided to GCash users. It allows you to use your GCash balance to subscribe to an investment, very straightforward.
Few terms to be aware of…
- Subscribe – this is your way to buy an investment on GCash.
- Redeem – to sell out your investment and turn it into GCash balance.
- Risk Profile – is your willingness to take risks in making investments. It can be conservative, moderate or aggressive. Usually, lesser risks have lesser returns and a lower chance of loss. While higher risk can provide higher returns and higher losses. Your risk profile is determined by answering a few questions when Signing up.
- NAVPU – this is also known as “net asset value per unit”. Since I am just a normal person and not a financial advisor, I’ll define this in a normal way too. When subscribing to an investment they’ll give you NAVPU, it is like when you buy rice 60 PHP per kilo. Kilo is the same as NAVPU. If you’ll buy rice for 90 PHP, you’ll get 1.5 Kilos. Meaning you invested 90 PHP for the value of 1.5 NAVPU. Gets? Hahaha.
How to get started with GCash Invest Money?
You must be a fully verified GCash user first.
On the app, you just have to open the Invest Money icon and follow the on-screen instructions. That also includes agreeing to Terms and Conditions and answering the Risk Profile test.
Make sure that you answer them truthfully and understand the possible losses you may encounter in investing.
They’ll send you an SMS if it is approved or not. In my case, I got the approval message a few minutes after registration. I am not sure if this may vary and why there is an approval process but for reference here’s the FAQ answer by GCash why some may be disapproved.
Related Post: Full Review about GCash
ATRAM, our partner product provider who screens registrations, is required to conduct standard due diligence on the prospective investor. As such, if the investor fails to meet certain pre-set criteria, their registration submission may be declined.
FAQ answer by GCash why some may be disapproved.
Once your account is verified you can start investing for as low as 50 PHP.
Subscribing and redeeming your GInvest Money
When subscribing for an investment, the entered amount will be debited from your GCash automatically. However, the subscription will remain pending and may be completed within 1 to 2 banking days.
Meanwhile redeeming an investment is different. It usually takes 2-3 banking days to show up on your GCash balance.
Whether you are subscribing or redeeming the minimum amount they can process is at least 50 PHP. No subscription or redemption fees. That is the cool thing I like about it.
I tried checking things about investing in the past and most of the investing platforms have fees when redeeming early or whatsoever. With GCash Invest Money you can subscribe and redeem anytime you like without any fees.
GCash GInvest Money Partner
GCash partnered up with investment companies to provide this service possible to common Filipinos. I remembered seeing two partners during registration. On their website, they mentioned Seedbox Philippines and ATRAM. I am not familiar with these investing companies or whatever but that is their partner, just in case you wanted to know.
Setting up reminders for investing!
This feature is quite amazing because you can set up reminders to invest so you won’t forget about it.
Experience and investment trial logs…
I like that GCash keeps on improving their services to enhance our financial awareness and provide more reach to services that most Filipinos had no access to.
I started investing on May 27, 2019.
- My Risk Profile: Moderate
- Investment Product: ATRAM Peso Money Market Fund
- Product Risk Classification: Conservative
From May 27 up to June 17, 2019, I have done 5 subscriptions and 1 redemption for testing purposes. Currently, my total invested amount is 1200 PHP and in this period it gained 1.27 PHP. For me, it is a good sign because it is higher than savings interest.
With bank deposits, you usually get cents for monthly interest and will deduct some tax.
Some important notes
Feel free to share your experience or ask questions in this post. I am aiming to make this content helpful and useful by updating it from time to time. However, I’d like to let you know that I am not from GCash or affiliated with them so for any serious and account related concerns, contact them at [email protected]
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I tried it once but had to redeem it for some reason. Investing money isn’t bad because you’ll earn something from it. If you’re a type of person whos into saving, i’d suggest this feature of gcash. So far, i dint experience any losses on this.
Thanks for sharing your thoughts Ferdie… I planned to invest at least 500 every other week to make some difference. I guess having a moderate risk profile is quite enough to get away with some losses hehe.
This is really a good alternative in investing money esp. to our fellow kababayans who can’t go to the banks (for other investment options) due to lack of requirements or can’t meet the minimum amount required.
If you’re in this for the long term, perhaps you can try to change your risk profile from conservative to aggressive. But if you are comfortable with your current risk appetite, then just continue it. Besides, the interest you earn in Gcash is still higher compare to savings account in other banks.
I agree on that Jeff.. Apparently I can’t seem to find an option to change the risk profile.. I wanted to retake it sana.
If there are no options in changing your risk profile, maybe you can just create another Gcash account? I don’t know if its possible using the same name, pero alternative lang naman ‘yun kung talagang gusto mong magpalit. Update us if ever makapagpalit ka ng risk profile.
sbi nd daw pde iretake ung risk profile.. eto reply nila via email
“Apologies for delayed response. Please be advised,users are currently not able to retake the Risk Profile Questionnaire (RPQ) mandated for users by the Bangko Sentral ng Pilipinas (BSP). However, you may still invest in funds that have a higher or lower risk classification compared to your own risk profile. However, for funds that have a higher risk classification than your own risk profile, you will need to sign a waiver by clicking ‘Proceed’ on the warning that pops out upon clicking ‘Subscribe’”
but I never saw any funds with higher risk classification on products section to do this waiver that they are telling me…
Nag invest ako sa gcash invest Atram ng 1500,sa loob ng isang buwan, nag try akong iredeem, Yong 1500,nagmessage kayo na successfully redeemed pero asan Yong pera ko Di nyo binalik. scam ba ito.
Bat po “kayo” at “nyo” nd naman po ko taga GCash. Based on experience and nakalagay dn sa message nila it takes 3 business days to be credited back sa GCash account meaning nd kasama weekends and holidays. If more than 3 Business days try to contact GCash or Atram.
So far po kasi smin nakecredit. Cguro delay lng due to holidays pero try nyo po cla icontact if mtagal na tlga.
Thank you so much for this!
Welcome po.
Hi, can you please update what happened? May instances ba tlg na hindi nababalik un pera after magredeem?
Hi Gin in my case wla nmng gnung nang yari. Talagang 3 business days nga lng before dumating.
based on my experience, so far wala namang nangyaring ganun. I invest in aggressive one. every month more or less nasa Php2 yung nadadagdag.
Magkano po payment kung mag redeem nang money sa gcash po.
Wla po syang bayad ..
Last month I submitted an order of 1k sa Gcash invest, it was deducted on my wallet but never reflect on my ATRAM. Until now, puro apologies and pending parin daw yung pagrefund ng amount. It was so hassle kasi sana may interest na na-gain din yun. So, pull out ko na yung money ko sa Gcash invest. It was risky if the support system nila is not that quick responders. Im planning to open in PAGIBIG MP2 savings thou after redeeming my funds.
Un lng dn mahirap sa kanila minsan mahirap ang support.. have u tried contacting atram directly.. sayang nmn .. hopefully it’ll get fixed soon..
Hello po, I have the same problem po. I order 1k sa ginvest pero hindi po nag reflect sa ginvest account ko. Paano po I contact direct po Yong stream?
Hi po nd po sya tlaga nag rereflect agad usually mga 5 days according sa kanila 4 business days daw pero minsan parang naabot dn ng 1 week.Pag wla pa dn check nyo muna ung status sa transaction history ng ginvest bka pending pa
any updates po? ok po ba ang gcash invest?
hi po I don’t encourage people using gcash too much right now during lockdown… parang wala kasi sila masyadong support now kaya mhirap kumontakt pag ng kaproblem…
GSave muna okay nmn ung interest ng savings nila don malaki dn. Para ka na dn nag invest.
hi,
ask ko lng thru gcash lng b talaga pwede mag invest sa ATRAM? I currently used Gcash para mkapaginvest sa ATRAm, pero naisip ko what if long term goal akong mgiinvest sa ATRAM…D ba pwede akong magdirect na lang sa ATRAM?
Hi, It’s nice that you have a long term goal for investing. Actually, you should be able to do that. However, I think it would be different in terms of the required amount for subscribing. You can try contacting them here> https://www.atram.com.ph/ATRAM/ContactUs/default.aspx
I’m not really sure kasi, pero since lockdown ngaun most likely ideal pa nmn ung GCash invest. I suggest contact them tlga. 🙂
Okay lang po ba hayaan ang investment sa gcash ng taon?? Di po ba mawawala yun??? May investment po ako sa product ng atram Philippine equity…yung 50 ko nanging 54 na within 3mos. Sabi kasi risky xa and gusto ko sana mag subscribe ulit kaya may doubts ako kung pagsubscribe paba or di na….hayaan nlng ng kahit years
yung price increase po kasi ng investments like this vary on the price per NAVPU so it will go up and down. Kaya po mas maigi na dinadagdagan ung investment para madami ung NAVPU ninyo. so even it has gone up to 54 after 3 months may chance dn sya na bumaba if the price per unit goes down.. risky nmn po tlga ung mga investments pero it usually pays off pag dinadagdagan regularly and hinohold for years. So pwedeng pwede po sya iwan for years kasi gnon naman po usually when investing. 3 years or more bago kinukuha.
Hello po, paano po madedebit yung amount para ma-invest sa gcash? Or automatic na po ba kung magkano ang balance sa gcash mo yun yung amount na mainvest mo? Or depende po sa gusto mong amount? ?
Depende po sa amount na ipapasok nyo gagamitin nya po gcash balance. ☺️
Hi! May I know if how has the lockdown/pandemic changed the investmend trends in GCASH-ATRAM? Planning to start now pa lang kasi. Not sure if I’m secured thanks!
As per checking po wla nmn monthly update kasi ata ung chart nila…and conservative risk type lng..
Hi wanted to ask lang na hindi naman automatically babawasan ung account ko ng what amount na nilagay ko everyday diba?
Nd po ..
paano mag lagay ng amount sa invest money. ty
just go to view investment products and view details then subscribe po.
I’m planning to invest Php 500.00 today. I am also a moderate conservative. Any words of wisdom for me? ?
Okay nmn po un…moderate conservative risk lng nmn po sya lagi ..it means mas mbaba ung risk of loss .. I suggest for now use the gsave muna ..3.1% kasi ung monthly interest nya now mas madali pang ipull out if need mo
Hello po. I am planning to invest in GInvest din po, but investment is still new for me po I am still learning for more pa. Ask ko lng po, if naginvest po ba ako ng pera ngayon, kailangan ko po bang maging consistent to put additional money every month? Or kung anong nilagay ko ay pwede ko eestay yun for months or even years and hayaang tumubo?
Much better tlga po na nag dadag dag lalo if you’re starting it with small amounts. Kasi nd po sya compounding interest like savings.. parang pag bumili ka ni 7 pesos na itlog ung valu nung isang egg may change but ung egg na meron ka is isa lng dn so after years pag binenta mo ung egg na un isa pa dn sya …price lng nagbago.. hehehe panget ng pagka explain pero un nga mas magandandinadag dagan kung mga gnyang investments