Honeyfund is a popular online platform that allows people to set up an online account to receive gifts for a honeymoon. Below is a comprehensive Honeyfund review that you need to read before signing up for their free service.
How Honeyfund Works
Honeyfund’s online registry system acts as a crowdfunding website where you can raise money for your honeymoon.
Honeyfund makes it easy to give and receive the gift of travel.
Once users sign up and sync their bank account, friends and family can begin sending money directly to the recipients, along with a personalized note.
The registered couple’s bank account is verified prior to any funds going live and contributors aren’t charged any processing fees when they give. However, those on the receiving end are charged around 2% on average, depending on their account’s setup.
Honeyfund can be used for other things besides the honeymoon, such as a down payment on a home, donations to a specific charity or money for the wedding itself.
Honeyfund offers 100% fee-free giving via gift cards from more than 200 travel, retail and other popular brands. Couples can receive cash to their PayPal or bank account for a small fee (around 3%) Givers never pay a fee.
Is it okay to ask guests to pay for your honeymoon?
In short, yes. If you are going to ask for gifts and presents, why can’t you ask for the gift of travel to a perfect destination?
A honeymoon is a perfectly appropriate gift to request, says There’s no objection to it from an etiquette point of view.Peter Post, president of the Emily Post Institute, a Burlington, Vt., etiquette think tank
Honeyfund is totally free! They offer no fee options including offline payments and gift cards from popular travel, dining and retail brands. With both of these options there’s never a fee to you or your wedding guests. For online payments, the credit card processors take a fee. WePay fees: 2.4% + $0.30. PayPal fees: 2.8% + $0.30/transaction
According to top wedding planners, no. Vogue asked top wedding planners and they supported the idea of honeymoon registries. If you are asking for gifts, why can’t you ask for the gift of travel. The idea of giving a wedding gift of cash has become more acceptable, mainly due to online registries like Honeyfund.
Yes. Honeyfund has helped newlyweds raise over $600 million dollars, been featured on Shark Tank, and is registered with the better business bureau.
It can be. Honeyfund has both free and paid options. You can register for 100% fee-free gift cards from popular travel, dining and retail brands. In addition, your Honeyfund page comes powered to receive cash straight to your own bank account or PayPal account, for a low fee of 2.4%.
Honeyfund has both free and paid options. The fees associated with receiving money are do to transaction costs and start at 2.4%.