HoneyFund

posted 3 years ago in Money
Post # 3
Member
2516 posts
Sugar bee

@scbride2015:  Our friends used it but no one ended up giving them money through it. They charge something like 6% in transaction fees, so we all just wrote the couple checks instead.

If you don’t want physical gifts, I personally think you just shouldn’t register. As a wedding guest, I didn’t mind writing a check, but the idea of a “Honeyfund” seemed a little contrived.

Post # 4
Member
381 posts
Helper bee
  • Wedding: June 2013

I’ll take the other side, we used Honeyfund and we found it to be really convenient. It was REALLY helpful for us because we had a TON of guests who were from out of the country: you can set it up through paypal, and they can pay with a credit card. When you have a lot of people who don’t want to take out US dollars or can’t use personal checks, this was awesome. 

BTW, they actually don’t charge a transaction fee, paypal does. I think it’s like 2.3% or something like that. If you don’t set up paypal, it’s totally free…but then there is no point really, because all they can do is print out a piece of paper that said “Yay, we bought you a night on the town in Cancun” or whatever and send it in with a check. We set up Honeyfund so there was a cute way for people to give us money with a credit card. 

Post # 5
Member
4513 posts
Honey bee
  • Wedding: October 2013

Most bees don’t like honeymoon registries, so I wouldn’t expect many positive responses.

I hadn’t intended to make one, but my DH’s family asked us to. They knew we were going on a big honeymoon and wanted to contribute toward it. His family isn’t really into giving cash, they would rather purchase a specific gift. Out of the blue they just asked if I would create a honeymoon registry and send them the link. I actually only received positive comments on it from both his family and other guests. We had a traditional store registry too and both the store & honeymoon registries had about the same percentage of things purchased. Everyone gave us checks for the Honeyfund gifts so no one was charged any type of transaction fee, but seriously at 2ish% that is only $2 on every 100 so its not some astronomical rate. I feel like the subject is blown way out of proportion on WB honestly, just way overdramatized.

At the end of the day I want to buy a couple something they want and will get enjoyment from. If they’d rather me pay for a nice dinner while on their honeymoon rather than a toaster then I’m perfectly fine with that. Afterall, if I’m buying them something they don’t like or will hardly use then I’m only wasting my own money.

Post # 6
Member
811 posts
Busy bee
  • Wedding: March 2013

We used it and LOVED It!  Most of our guests bought us gifts through the fund and were excited about it.   Feel free to PM for details.  It seems a honeymoon fund is still a bit of a controversial topic around the bee, and it may not be for everyone.  Personally, we loved it.  I”ve also used it for a few friends weddings and it is awesome to feel like I am getting them something they want.  And to me, it felt more personal that giving cash, although it is the same thing.  🙂 And, if someone is not ok with it, they will not use it…and I was ok with that.  We had a small gift registry as well. 

PROS:  The site was easy with a little upfront work. We put in lots of “gift” choices, with photos and descriptions.  That was fun for the guests. 

CONS:  Paypal charges a fee, true to Paypal style.  Honeyfund is free, especially if guests choose to write a check.  All of ours did Paypal, and paid the 2.5% fee, which basically just took 2.5% of the gift away.  Wasn’t a big deal, more like a bummer. 

Post # 7
Member
637 posts
Busy bee
  • Wedding: May 2014

@scbride2015:  I created one but then decided to go with the honeymoon registry Sandals has so it’s easier. We had some friends who did Honeyfund along with retail registries, and no one got them anything from Honeyfund 🙁

Post # 8
Member
11740 posts
Sugar Beekeeper
  • Wedding: November 1999

I’m on the con side of this.  I see few pros, and not enough that make it worth me wanting to switch sides.  I am happy to give a check to a couple to use however they want, but I don’t want to give to a site that either charges a fee or earmarks the money for a certain thing.  I had a friend who used it, registered for all these fun things, and then said, “Oh, we aren’t doing them, we just get a big check for it anyway.”  I also don’t think it looks right to have your guests visibly finance your honeymoon.  It’s one thing if you quietly use the checks towards it, but actually asking for someone to pay for your vacation isn’t okay with me.

Granted, that’s just me, and some people very much like to use the honeyfund or to give to them.  I personally would not.

Post # 9
Member
965 posts
Busy bee
  • Wedding: January 2014

As a guest, I would never give to a honeyfund acount, but I would write a check. I also wouldn’t create a honeyfund based on my personal opinions. You can always use word of mouth to say you want cash to spend on your honeymoon. When my sister got married, I was constantly getting calls from relatives (as was my mom) on what she REALLY wanted off her registry. I could openly say, she is really excited to have her nice china. If they ask your BMs, Mom or other relatives, you can direct them to mention cash for the honeymoon would be great.

Post # 10
Member
811 posts
Busy bee
  • Wedding: March 2013

Oh…meant to add, and some others brought it up.  The things we registered for on HF were “extras”, like excursions, not hotel or airline tickets.   We had booked and paid for our trip months before the wedding.  We sent emails and photos to a few guests after to share what the money they contributed specifically (whale watch, etc) went to.  That was a fun way to follow up!

 

Post # 11
Member
8426 posts
Bumble Beekeeper
  • Wedding: April 2013

@scbride2015:  From what I’ve read, it seems like the bride and groom tend to have fairly positive to neutral experiences with honeyfund (the only complaints being the % fees).  However, most people that I’ve spoken to/heard from that are guests either don’t mind it at all, or they seem to loathe it.  I personally will probably never give a gift through something like honeyfund, I’d rather write a check or give cash directly to the couple.

Post # 12
Member
1721 posts
Bumble bee
  • Wedding: May 2014

@scbride2015:  We have a honeyfund…we debated about doing it for a while and actually asked the advice of multiple people before signing up.  We were actually surprised on how many of our relatives (gma, aunts, parents) actually thought it was a great idea. Since the idea was such a hit, we decided to go for it. 

Post # 13
Member
843 posts
Busy bee
  • Wedding: May 2014

Same thing as @hazyleyedbeauty: said.  We debated it, but quite a few people suggested and/or thought it was a great idea.

We have signed up for Honeyfund, but we are only accepting checks/cash, that way all paypal or credit card fees are not taken.

Post # 14
Member
1500 posts
Bumble bee
  • Wedding: August 2013

I am not against giving money to couples – I actually never buy gifts off a registry as I’m from an Asian culture where money is the most common form of wedding gift, so i’ve always written a check.

 

That being said, i’d hate to think that a portion of my money will go to fees. And, let’s be honest, even if my money went to fund some fancy dinner on the beach, you’re not really necessarily going to have a dinner on the beach, just tell it to me straight.  Honeyfund does show an option for mailing in the check, but I just went through the trouble of clicking on Honeyfund to send you a check when i could have done so from the beginning!

 

I think you need to figure out how your friends and family would be receptive to it, it’ll differ by culture and norm. In general, most Bees tend to be against honeymoon registries, but really, to each their own.

Post # 15
Member
2166 posts
Buzzing bee
  • Wedding: September 2013

We used Traveler’s Joy and had a good experience.  It doesn’t charge our guests at all.  People definitely gave us honeymoon gifts!  We were very careful to only register for things we will be doing- our honeymoon registry was not just a way to get a big check.  It was another way for people to actually give us something we wanted and have it feel a little more tangible than a check.  We had a small Amazon registry as well, and the honeymoon registry was by far the more popular option.  I think they get such a bad rep because they are so easily misused. 

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