Gcash Save: Saving made easy - Marvin Germo
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Gcash Save: Saving made easy

By: Marvin Germo | April 18, 2021

If you are someone who doesn’t want to line up in banks to open a bank account, then GCash might be the best alternative for you. In the midst of this pandemic, I’ve discovered a lot of things, including the features of GCash that I haven’t been able to explore in the past.

Aside from GCash Invest, GCash Save is also a must-try discovery. If you’re an aspiring investor, this is a good way to start saving up for your future investments. This is actually just an addition to the main features of GCash, which I believe is a great advantage to use.

Easy saving

What I like most about GCash Save is that it’s easy to use. The company is currently partnered with CIMB. To open an account, you don’t have to go to CIMB’s branch. Everything can be done online through the app. Easy, right? Because of the process, saving becomes easy too. So, if you’re not that techy or you don’t want to leave the comfort of your home but you want to start saving, try GCash Save. Complete the process through the app, wait for your account’s approval, and start depositing.

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Earning interest

Saving in GCash can definitely help you earn interest. Trust me, it’s just like saving in a regular bank since the app is working with CIMB, which is basically a registered bank here in the Philippines. You don’t need to worry about the interest. Your money can earn it even if you’re savings fall below 500 pesos. There’s nothing in the terms and conditions that you need to comply with a certain amount before you can earn interest. This means that with a small amount, you can earn little by little. This is your chance to start saving up and take your savings seriously.

No documents required

Aside from the requirements required by GCash, you don’t have to submit anything to open a savings account through the app. As long as your account with GCash is verified, you can do almost anything from the app, including opening a savings account, opening an investment account, and applying for a credit line. If you are looking for a way to cut the hassle and be comfortable with your savings, try this feature. Besides, you won’t lose anything by opening an account. Since you basically don’t need to maintain a minimum amount, there’s nothing to lose.

Everyone is allowed to use

Lastly, GCash save is open to everyone. As long as you’re account is verified, no matter what your profession is or how much your income is, it doesn’t matter. You can open an account with GCash Save regardless of your financial status in life. This is actually great for all kinds of savers. So, if you’re just starting saving up for whatever purpose, this is a good opportunity for you. Use this chance to have your first bank account if you don’t have one yet. Use this chance to start saving and keeping your money wisely.

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