MoneyCat Review: Loan Information, Requirements, Interest Rates, and Payment Terms


In the digital age, accessing financial assistance has become increasingly convenient through the proliferation of online loan applications. Among the numerous options available to Filipinos, MoneyCat has emerged as a prominent player in the realm of online lending.

This extensive MoneyCat review aims to provide a detailed examination of the app’s various facets, shedding light on critical aspects such as application procedures, documentary requisites, interest rates, repayment terms, and, most importantly, the legitimacy and trustworthiness of MoneyCat as a leading loan app in the Philippines.

Is MoneyCat Legitimate and Trustworthy?

Before delving into the intricacies of MoneyCat’s services, it is imperative to establish the legitimacy of this financial institution. MoneyCat is a fully registered entity with the Securities and Exchange Commission, holding Registration No. CS201953073 under its corporate identity, Moneycat Financing Inc. The company’s registration was completed on November 20, 2019, under Certification Authority 1254.

Moreover, MoneyCat maintains a physical presence at Unit 1701 Tycoon Bldg., situated on Pearl Drive St. in Brgy. San Antonio, Ortigas Center, Pasig City, Philippines. This registration and physical presence offer a degree of assurance and accountability, reinforcing the credibility of MoneyCat as a legitimate player in the financial sector.

How to Apply for a Loan with MoneyCat

Securing a loan through MoneyCat is a streamlined process, allowing applicants to access financial aid with ease. The application can be initiated directly through the official MoneyCat website or by downloading the mobile app. Here’s a step-by-step breakdown of the application process via the website:

  1. Provide Personal Information: Begin by entering your mobile number, full name, and email address.
  2. Specify Loan Amount: Utilize the slider on the left side of the screen to select the desired loan amount.
  3. Initiate Application: Click on the “Get Cash today” button to initiate your loan application.

Upon completing the initial application, a one-time password (OTP) will be sent to your registered mobile number. This OTP serves as a verification step to proceed with your application. Subsequently, MoneyCat’s loan specialist will reach out to discuss the approved loan amount, repayment terms, and payment schedule.

Alternatively, the mobile app offers another avenue for loan application. To utilize the app:

  1. Download MoneyCat App: Begin by downloading the MoneyCat app from Google Play.
  2. Verify Mobile Number: Enter your phone number and request an OTP for verification.
  3. Select Loan Amount: Choose the desired loan amount from the app’s main page and complete the application form.

Similar to the website application, applicants will receive notifications regarding approval or denial within 12 hours of submission, with denied applicants having the opportunity to reapply after a 30-day period.

Documentary Requirements

MoneyCat’s eligibility criteria are transparent and straightforward. To qualify for a loan, applicants must be citizens of the Republic of the Philippines, aged between 20 and 60 years, and able to demonstrate a consistent source of income.

Additionally, MoneyCat requires the submission of one of the following government-issued identification cards for verification:

  • Social Security System ID
  • Unified Multi-Purpose ID
  • Driver’s License
  • Tax Identification Number

As an added layer of security, applicants must upload a selfie holding the ID card they registered with MoneyCat, ensuring the authenticity of the documentation.

Funds Disbursement

MoneyCat adopts a stringent approach when it comes to the disbursement of funds, prioritizing the security of client accounts. As such, funds are exclusively transferred to bank accounts. MoneyCat maintains partnerships with several prominent banks, ensuring a seamless disbursement process. These banks include:

  • East West Bank
  • Banco de Oro Unibank
  • Bank of the Philippine Islands
  • Chinabank
  • Metrobank
  • Rizal Commercial Banking Corp. (RCBC) myWallet
  • Security Bank
  • Union Bank
  • Land Bank of the Philippines
  • UCPB
  • Asia United Bank
  • Bank of Commerce
  • Chinatrust Bank
  • Development Bank of the Philippines
  • Maybank
  • PBCom
  • Philippine Veterans Bank
  • PSBank
  • Robinson Bank
  • Sterling Bank of Asia

It’s important to note that MoneyCat currently does not disburse loans to e-wallet accounts such as Gcash, PayMaya, and Coins.PH. Similarly, disbursement via remittance partners is not supported. The disbursement process typically takes 24 hours, with a maximum timeline of 1-2 business days after loan approval.

Interest Rates

Understanding the interest rates associated with a loan is paramount when considering financial assistance. MoneyCat employs a fixed interest rate of 0.54% per transaction. For instance, if a client borrows PHP10,000 for a term of 10 days, the total repayment obligation would comprise the PHP10,000 principal amount and an interest of PHP5,400. Consequently, the client would be required to repay a total of PHP15,400 at the end of the 10-day term.

Loan Repayment Options

MoneyCat stands out for its flexibility in offering multiple methods for loan repayment. While disbursement to Gcash accounts is not supported, clients can utilize Gcash to settle their financial obligations. Other repayment options encompass online payments through bank accounts and over-the-counter payments at MoneyCat’s extensive network of remittance and bank partners. These partners include:

  • Cebuana Lhuillier
  • Western Union
  • Palawan Pawnshop
  • Villarica
  • LandBank
  • PhilTrust Bank
  • Robinson’s Bank
  • Robinson’s Malls
  • LBC
  • MayBank
  • PBCom
  • Equicom Bank

To initiate the repayment process, clients need to access their MoneyCat cabinet on the website or the mobile app. Here, they can obtain a Dragonpay Lifetime ID or Reference Number, which is essential for making payments through the aforementioned partners. Over-the-counter payments require the completion of a bills payment form, specifying DragonPay as the biller and including the Lifetime ID or Reference Number. This form can then be presented to the cashier for payment processing.

For online banking payments or Gcash transactions, clients should follow a similar process, ensuring the inclusion of the Lifetime ID or Reference Number when making payments.

MoneyCat emphasizes the importance of adhering to the agreed-upon due date for loan repayment. The first loan is typically interest-free and has a 7-day repayment window. It is advisable to pay earlier if the due date falls on a weekend, as the system only recognizes banking days.

Repayment Terms

MoneyCat offers varying loan limits and terms to cater to different financial needs. First-time users can borrow a minimum of PHP1,000 and a maximum of PHP5,000, with a 7-day repayment period that incurs zero interest. For repeat borrowers, the potential loan amount can extend up to PHP20,000, contingent upon a review of their credit history. Existing clients are eligible for loans with terms ranging from a minimum of 10 days to a maximum of 180 days.

Customer Service

Effective customer service is a crucial component of any financial institution, and MoneyCat strives to deliver responsive support to its clients. Support inquiries can be initiated through the Personal Cabinet, with support tickets created via this channel receiving the highest priority.

Additionally, clients have the option to contact MoneyCat’s customer service through various mobile numbers, catering to different service providers:

  • Smart, TNT, and Sun users: 09190842138 or 09190842139
  • Globe and Touch Mobile subscribers: 09177108022 or 0917 209 2204

For those who prefer written communication, MoneyCat can be reached via email at [email protected].

It’s important to note that MoneyCat’s customer service operates during specific hours, from 9 am to 6 pm on Mondays to Fridays, with no availability on weekends.

Pros of Borrowing from MoneyCat

Choosing MoneyCat as your financial partner offers several distinct advantages:

  1. Effortless Application: MoneyCat streamlines the application process, ensuring applicants can complete it within 5 to 10 minutes, provided they have a government-issued ID at their disposal.
  2. Swift Approval: MoneyCat notifies applicants of their approval or denial status within a mere 12 hours, expediting the lending process.
  3. Unmatched Convenience: All that is required for application is a smartphone or computer with internet access, a government-issued ID, and an internet connection, allowing borrowers to apply at any time and from anywhere.
  4. Timely Reminders: MoneyCat maintains open lines of communication with clients, sending reminders three days before the due date to help borrowers stay on top of their financial obligations.
  5. Regulatory Compliance: MoneyCat’s registration with the Securities and Exchange Commission instills confidence in borrowers, as it signifies adherence to financial regulations and standards.


In conclusion, MoneyCat emerges as a commendable option for individuals in search of swift and hassle-free financial assistance, particularly during emergencies. The prerequisites for application are minimal, encompassing a government-issued ID, a smartphone or computer, and an internet connection. Moreover, MoneyCat’s status as a SEC-registered company lends an extra layer of credibility and trustworthiness to its services.

The straightforward application process, fast approval times, and diverse repayment options make MoneyCat a practical solution for Filipinos in need of immediate financial support. As this review illustrates, MoneyCat stands as a reliable and legitimate player in the online lending space, ready to assist clients in their times of financial need.

5/5 - (9 votes)
CashLoanPH Changed status to publish 27/09/2023