True Cost of Honeymoon & Cash Registries
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The True Cost of a Honeymoon & Cash Registry
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Fees Charged at PurchaseFees Charged to WithdrawTotal Cost
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CompanyPrice of Gift% Fee$ FeeAdditional FeeTotal Fees Paid% Fee$ FeeAdditional FeeTotal Fees PaidOverall FeesEffective Fee
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i.
Blueprint Registry
$50.002.50%--$1.25----$1.252.50%
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ii.Honeyfund$50.002.80%$0.30$0.80$2.50----$2.505.00%
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iiiMyRegistry$50.002.90%$0.30$3.95$5.70----$5.7011.40%
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iv.Tendr$50.002.70%-$3.00$4.43----$4.438.86%
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v.Travelers Joy$50.005.90%$0.99-$3.94----$3.947.88%
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vi.Wanderable$50.002.50%--$1.252.50%--$1.25$2.505.00%
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vii.Zola$50.002.50%--$1.25----$1.252.50%
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NOTES:
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i.
Blueprint Registry
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- Blueprint subsidizes credit card processing fees, simply passing on 2.5% to the gift-giver at the time of purchase - the lowest in the industry
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- A gift-giver can use credit cards to contribute and are not required to sign up / into a PayPal or WePay account
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- No fees for registrants to redeem cash via ACH Bank Transfer after their event date
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ii.Honeyfund
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- Honeyfund shows advertising on a couple's registry and couples must pay $39.99 remove those advertisements. We have amortized that $39.99 fee over 50 guests ($0.80 cents) to compare a like experience to Blueprint (ad-free)
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- If guests pay with a credit card, the couple incurs a 2.80% + $0.30 fee (deducted from gift amount)
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- Couples are instructed to sign up for WePay to accept their cash gifts; they can alternatively link to a PayPal account but requires upgrading to a Business Account or creating a new one altogether
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- Additional fees for withdrawal to international accounts
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iii.MyRegistry
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- Guests pay a transaction fee of 2.90% + $0.30 and the amount is deducted from the couple's gift amount
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- Guests also pay an additional $3.95 handling fee for gifts between $10-100, and that fee increases to $4.95 for gifts between $100-200, $5.95 fee for $200-500, and $6.95 fee for $200-1000
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- Couples are required to have a PayPal account to receive cash gifts
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iv.Tendr:
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- Guests must create an account with Tendr to give a cash gift, unless they have been invited to give directly through an occasion page
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- Guest pays a a credit card transaction fee of 2.7% plus an additional flat $3 fee
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- The credit card processing fee is based off the total gift amount including the $3 service fee (e.g., 2.7% credit card processing on $53, rather than the $50 gift)
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- Bank transfers and Venmo payments are free
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v.Traveler's Joy
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- 5.9% + $0.99 service fee is charged for all gifts
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- Redemption for couples is free in U.S. only; options include ACH, check, Paypal
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vi.Wanderable
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- Guests pay a transaction fee of 2.5%
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- Couples incur an additional 2.5% to redeem cash gifts, unless they book with a Wanderable experience provider (no fee)
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- Only offered for US bank accounts; international guests must use PayPal
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vii.Zola
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- A 2.50% credit card transaction fee is charged for each gift
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- No fee for couples to redeem gifts
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- Couples must link a bank account as all transfers to couple are done via ACH
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