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. A standard 2.5% credit card processing fee applies to each contribution because credit card companies 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, securely link their bank account, and easily share with their guests.
- Couples receive 100% of the gift money that guests contribute to The Knot Cash Fund.
- A standard 2.5% credit card processing fee applies to each contribution made to The Knot Cash Fund, and guests pay this fee when sending a monetary gift.
- Credit card companies require the standard 2.5% credit card processing fee to process online payments, and The Knot does not charge or retain this fee.
- Small credit card 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 take a percentage of Cash Fund gifts?
No, The Knot does not take a percentage of Cash Fund gifts. You will receive 100% of the money that your guests contribute to your Cash Fund. The only fee associated with The Knot Cash Fund is a standard 2.5% credit card processing fee, which is required by credit card companies and is not a fee collected by The Knot. Guests will pay this fee on top of their contribution at checkout.
Who pays the credit card processing fee for The Knot Cash Fund contributions?
Guests pay for the standard 2.5% credit card processing fee when they contribute to The Knot Cash Fund. After they select an amount to send you, 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?
The 2.5% credit card processing fee is in place because credit card companies require a fee to securely process online payments. This fee is a typical requirement by all 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 credit card processing fee is a normal practice when using a credit 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 credit card 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.
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% credit card processing fee, 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. You will receive 100% of the gift amount directly in your bank account.
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 on. The Knot’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.
Updated: 4/28/2026