What is a cash transfer fee?
A cash transfer fee is a fee we charge when money moves from your Salmon Credit Line to another financial account instead of being used to pay for goods or services.
This includes cash withdrawals, certain QR payments, and certain card transactions (in-store and online) sent to financial institutions.
Starting at the end of June 2026, we will charge a cash transfer fee when you use Salmon Credit Line to make QR payments or card payments (in-store or online) to financial institutions.
A financial institution is a business that provides money services, such as a bank, lending company, e-wallet, or payment service.
The fee applies to QR payments and card transactions made to financial institutions, including:
E-wallets and payment services, such as GCash and Maya
Banks, such as BPI, RCBC, SeaBank, and GoTyme
Lending companies, such as Billease, Mabilis Cash, MALI Lending Corp and SKYPAY
Gambling platforms and services
QR payments and card transactions to stores, restaurants, and other merchants that sell goods or services are not affected. When you make a QR payment or card payment, the app first checks whether the merchant you transacted with is a financial institution. For QR payments, we use a merchant list. For card payments, we use a merchant category assigned by the payment network. For the full list of merchant categories that apply to card payments, see Which merchant categories count as cash transfers for card payments?
If the merchant is classified as a financial institution, the fee applies. If a fee applies, we will always notify you before you confirm your payment.
When you use Salmon Credit Line to pay a financial institution using a QR code or your card, we treat the transaction as a cash transfer instead of a regular purchase.
This is why we charge a fee for cash transfers following Section 7.1(a)(ii) of the Specific Terms and Conditions.
We charge the same amount as your current cash transfer fee.
Check the fee for your account in your account settings in the Salmon app. Scroll down to Overview, then tap Documents, and tap Plan details.
For QR payments, we will show the fee amount and the total before you confirm. Review it before deciding whether to continue.
For card payments, the fee will appear in your transaction details after the payment is processed, and we will also send you an SMS once it's complete.
Open the Salmon app and go to Credit Line. Scroll down to Overview, then tap Documents, and tap Plan details. You will see the cash transfer fee there.
No, cash transfers are not covered by the grace period. The same rule applies to regular cash withdrawals.