10 Ways to Increase Your GScore in 2023 and Access Exclusive GCash Loan Products

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GCash is a dominant digital wallet in the Philippines that enables Filipinos to do everything from purchasing goods to paying bills and investing in global funds. Users have been increasingly raving about GCash’s GScore – a unique score assigned to each GCash user that measures their activity and performance in using GCash’s products and features – as it not only gives them an insight into their spending behavior but also helps them access exclusive loan products like GCredit and GGives.

In this article, we will guide you through the essential things you need to know about GScore, what factors affect it, and then outline ten practical methods to increase your GScore in 2023.


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What is GScore in GCash?

Introduced by GCash in 2019, GScore measures a GCash user’s level of activity and performance within the GCash ecosystem. This score ranges from 277 to 900, with a higher score indicating a higher level of activity and vice versa. You can quickly locate your GScore by accessing your profile on the GCash app, then navigating to the GScore menu option. It’s imperative to note that all your GCash transactions and activities affect your GScore. Thus, users must understand how to increase their GScore to access exclusive GCash loan products like GCredit and GGives.

How is GScore rated?

GCash does not display the specific formula employed in rating a user’s GScore. Still, it’s known to depend on certain GCash activities, usage consistency and duration, user’s online footprint, and current GCash user behavior, among other factors. The score is primarily based on the user’s activity in the GCash ecosystem, with various transactions and activities affecting the score positively or negatively.

Why is your GScore changing?

Users often get confused about why their GScore changes despite using the GCash app frequently. Still, it’s crucial to note that a user’s GScore depends entirely on their activity within the GCash ecosystem, among other factors. A decreased score could result from less activity and usage within the GCash app, inconsistent and irregular transactions, and failed payments, among other issues. A useful tip is to ensure that you keep your GCash account active by making consistent transactions, staying up-to-date on your bill payments, and using GCash to pay for items like your load, groceries, and bills.

10 Ways to Increase Your GScore in 2023

Verify your account

To instantly improve your GScore, ensure that your GCash account is fully verified. A fully verified account grants users access to many of GCash’s essential services, such as GSave, GInvest, and GCredit. To do this, simply provide a valid ID that is yet to expire and take a selfie, then upload these in the GCash app.

Cash in regularly

Cash-in is another feature that can positively impact your GScore. Maintaining an active wallet balance requires regular deposits, which can be achieved through various outlets like over-the-counter payments, global partners and remittances, and online bank transfers like PayPal, Payoneer, Skrill, and Wise. Understanding all the cash-in options and utilizing them regularly can positively impact your GScore.

Use GCash for Transactions

Ensure you use your GCash account for most of your day-to-day transactions – it could be your go-to app for buying load or making other financial transactions. Consistency is key; thus, make it a habit to use features like GSave, GInvest, and other GCash products often.

Use PayQR

PayQR is a feature that enables users to complete transactions by scanning the store’s QR code. It’s simple and can be accomplished in a snap, making it a convenient feature to use. Paying your merchants, bills, or other items with PayQR frequently can positively affect your GScore.

Use PayBills

GCash PayBills is a quick, secure, and easy way to pay your bills without having to queue in long lines. With over 400 billers, both commercial and government agencies, make sure you automate most of your regular bills by engaging paybills in GCash. A habit of using PayBills can positively affect your GScore.

Frequently Invest with GInvest

Frequently use the GInvest feature in the GCash app to invest, buy, manage, and sell investment products with various local and global funds. The more you use it, the higher your GScore, and the more you can benefit from exclusive offers and perks on GCash.

Regularly Make GSave Deposits

Making regular GSave deposits can help increase your GScore as it positively impacts your GCash activity level. GSave is partnered with CIMBank to provide users with an easy way to bank and save money while earning a fair amount of interest over time. No minimum or low deposit amount is needed – further encouraging people who are unbanked to open GSave digital bank.

Purchase GInsure products

When you buy any insurance product, whether phone screen protection or personal accident protection, your GScore may increase. These GInsure products and insurance products can be tailored to meet your specific needs.

Maximize Your GCredit Line

GCredit is an exclusive loan product offered by GCash that lets users access credit at a lower interest rate. Your GScore levels up as you use this feature and pay back your dues on time. Thus, make use of your GCredit line as much as possible, and pay your dues well as it can positively affect your GScore.

Keep Your Payment Due Dates Current

Your GScore may decrease if you face difficulties to pay your debts on time. Ensure that you are always up-to-date on your payment dues with GCredit, GGives, or GLoan to avoid these negative impacts. It is best to pay ahead of time, as it can positively affect your GScore and your eligibility for future credit transactions.

Conclusion

In conclusion, your GScore is an essential metric that measures your activity and behavior within the GCash ecosystem. Take the necessary steps to ensure you keep a high score so that you can unlock unique financial products like GCredit and GGives. Use the ten tips outlined above to increase your GScore, and reap the benefits of this unique and innovative digital wallet.

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