Yes, The Knot Cash Fund is free for couples to create and use. The Knot doesn’t take a percentage of cash gifts, so couples receive 100% of the wedding gift amount. With The Knot’s zero fee option, if guests contribute using Venmo, they will not pay a fee when using their Venmo balance, linked bank account, or linked debit card. If guests use The Knot’s direct credit card or banking card option a standard 2.5% processing fee applies to each contribution because credit card companies or banking entities require this fee to process online payments safely. Guests pay this fee at checkout when they contribute to your Cash Fund, and it is not charged or retained by The Knot.
How do fees work for The Knot Cash Fund?
- The Knot doesn’t take any percentage of Cash Fund registry gifts. It’s free for couples to set up a Cash Fund on The Knot and easily share with their guests.
- There are two ways for couples to receive Cash Fund gifts on The Knot: in their bank account or in their Venmo account. Couples receive 100% of the gift money that guests contribute to The Knot Cash Fund.
- Guests can contribute to The Knot Cash Fund with zero fees by using their Venmo account and sending the contribution with their Venmo balance, linked bank account, or linked debit card. Contributions funded via Venmo with a credit card will incur Venmo’s credit card fee.
- For contributions made directly to The Knot Cash Fund by credit card or banking card, a standard 2.5% processing fee applies, and guests pay this fee when sending a monetary gift.
- Credit card companies or banking entities require the standard 2.5% processing fee to process online payments, and The Knot does not charge or retain this fee.
- Small processing fees (sometimes referred to as transaction fees) are a standard part of online payments and are not unique to The Knot Cash Fund.
Does The Knot charge Cash Fund fees?
The Knot Cash Fund offers a zero-fee option for Cash Fund contributions. Guests who use Venmo to contribute using their Venmo balance, linked bank account, or linked debit card pay no fees. Couples receive 100% of the gift amount contributed to their Cash Fund.
Can guests contribute to a Cash Fund without using a credit card?
Yes, guests who don’t want to use a credit card can contribute to a Cash Fund on The Knot by using a debit card or Venmo. Guests who contribute via Venmo using their Venmo balance, linked bank account, or linked debit card pay no fees.
Does The Knot take a percentage of Cash Fund gifts?
No, The Knot does not take a percentage of Cash Fund gifts. Couples will receive 100% of the money that their guests contribute to their Cash Fund.
Who pays the credit card processing fee for The Knot Cash Fund contributions?
Guests pay for the standard 2.5% processing fee only when they contribute to The Knot Cash Fund via credit card or banking card. After guests select an amount to send a couple, they go through the online purchase process, where they pay both the monetary gift amount and the 2.5% processing fee. This fee is typically less expensive than the taxes and shipping costs associated with purchasing a physical gift. The full monetary gift amount is still delivered to the couple.
What do couples receive from The Knot Cash Fund?
Couples receive 100% of the money that their guests gift them through The Knot Cash Fund. Whatever amount your guests decide to contribute will be directly deposited into your linked bank account in full, with no percentage taken by The Knot.
Why is there a 2.5% fee if The Knot Cash Fund is free?
If using a direct credit card or banking card, there is a 2.5% processing fee because credit card companies or banking entities require a fee to securely process online payments. This fee is a typical requirement by banks and credit card companies to help cover the cost of moving money safely during online transactions. The Knot doesn’t add any additional fees on top of this requirement.
Is a credit card processing fee for cash funds normal?
Yes, a processing fee is a normal practice when using a credit card or banking card online. Processing fees are a standard part of contributing to cash funds, as well as other online payments outside of The Knot. The Knot Cash Fund processing fee is similar to other common transaction fees that you might experience, like withdrawing money from ATMs, transferring money between your bank accounts, or paying for certain bills. Guests who prefer not to pay a processing fee can choose Venmo as The Knot’s Cash Fund zero-fee payment option and contribute using their Venmo balance, linked bank account, or linked debit card.
Why does it look like money is being taken from my cash gift on The Knot Cash Fund?
The monetary gift amount is separate from the processing fee. Guests pay for the gift amount and the 2.5% processing fee when using a credit card or banking card, similar to how they would pay for an item and the applicable taxes and shipping if they purchased a physical gift from your registry on The Knot. Couples will receive 100% of the gift amount directly in their bank account as long as their bank details have been added to their registry settings to activate the fund.
Is The Knot Cash Fund secure for guests to use with a credit card?
Yes, The Knot Cash Fund is a secure platform for your guests to use their credit card or banking card on. Stripe’s transfer system is safe and vetted to ensure your and your guests’ payment information is protected and only used to process Cash Fund contributions. When guests contribute to your Cash Fund, they enter their credit card details just as they would if they were purchasing a physical gift from The Knot Registry.
After your guests send you a monetary gift, The Knot will notify you immediately. There is a short processing period for when your Cash Fund will be deposited into your bank account, but this processing time is a security measure to ensure that funds are transferred safely and securely.
Is it safe for guests to contribute to The Knot Cash Fund using Venmo?
Yes, guests can securely contribute to The Knot Cash Fund using Venmo. For information about Venmo’s security features and privacy protocols, review Venmo's Trust and Safety Page.
Updated: 7/7/2026