Both charge ₱10.00 per InstaPay transfer. GCash holds more (₱500,000 on a Fully Verified wallet against ₱100,000 a month on an Upgraded Maya account); Maya pays more on a parked balance (3.00% against 2.30% for GSave, before tax).
InstaPay transfer:
₱10.00.
GCash and Maya, BSP fee summary as of August 31, 2026.
Our take: choose GCash if you receive or hold more than ₱100,000 a month. Choose Maya if you keep a balance and want it to earn: ₱10,000 in Maya Savings keeps ₱242.66 a year after tax, against ₱185.56 in GSave. Either way, cash in from a bank app once you pass the free over-the-counter amount; 31 institutions charge nothing for InstaPay.
InstaPay fees as disclosed to the BSP as of August 31, 2026; everything else from each wallet's own help pages as of October 2, 2026 (GCash limits updated 1 October 2026). Full fee tables, limits by profile and safety steps: GCash · Maya.
No e-wallet pays to appear here or to change its position.
GCash to Maya, and Maya to GCash, go over InstaPay: the wallet you send from charges its InstaPay fee (₱10.00 on GCash, ₱10.00 on Maya). In GCash, tap Transfer, then Local, and choose Maya from the list. On Maya, a Basic account cannot send by InstaPay, so upgrade first. GCashMaya
Cashing out
Cash out to your own bank account by InstaPay for ₱10.00 on either wallet. Over the counter, GCash charges 2% of the amount at partner outlets such as pawnshops, Puregold and payment centers, while Maya charges 1 at a Maya Center. At an ATM, the bank that owns the machine sets the fee.
If an account is hacked or you are scammed
Act in the app first: GCash takes reports through its Gigi chat and the 2882 hotline, and Maya through its hotline, which can block the account right away. Both lines take unauthorized-transaction reports 24/7. If the wallet does not resolve it, the consumer protection law (RA 11765) lets you take it to the BSP through its BOB chatbot or consumeraffairs@bsp.gov.ph. Step by step: GCash · Maya.
E-wallets and tax
Moving money through a wallet does not by itself create a tax; whether money you receive is taxable depends on what it is for. See is GCash income taxable. Online sellers paid through GCash or Maya also see a 1% withholding on half of their payouts once they pass ₱500,000 a year, under RR 16-2023 (BIR); details for sellers are on tax for online sellers.
Every BSP-licensed e-money issuer
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As of May 14, 2026, the BSP lists 44 non-bank e-money issuers and 28 banks with e-money authority. An app is licensed only if the company behind it is here. For each issuer's transfer fees, see the InstaPay and PESONet fee table.
Not covered here: PayPal, crypto and business wallets. For an unresolved complaint, go to the wallet first, then the BSP under RA 11765; for a scam, also the PNP, NBI or CICC (hotline 1326).
What to do next
Check your profile in the app and verify or upgrade if you need a higher limit; the full limit tables are on the GCash and Maya pages.
Both operators are BSP-licensed e-money issuers and both offer in-app security and a 24/7 line for unauthorized transactions. What protects you most is the same on either: never share your MPIN or OTP, and report anything odd right away. BSP Verifier, EMI list
How much does it cost to send from GCash to Maya, or Maya to GCash?
An InstaPay transfer between the two costs ₱10.00 from GCash and ₱10.00 from Maya, charged by the wallet you send from (BSP fee summary as of August 31, 2026). BSP fee summary, as of August 31, 2026
Is money in GCash or Maya insured by the PDIC?
The PDIC insures bank deposits, and the BSP treats e-money as not a deposit. Money you move into GSave (CIMB Bank) or Maya Savings (Maya Bank) is a deposit, insured up to ₱1,000,000 per depositor, per bank. source
Do GCash and Maya take 1% tax from my transfers?
No, not from personal transfers. Under RR 16-2023 they withhold 1% on half of what they pay out to online sellers and merchants, and only once a seller passes ₱500,000 a year. BIR, RR 16-2023
