Target Partnership Lets Couples Register For Honeymoon Funds

Target Partnership Lets Couples Register For Honeymoon Funds
Cafe & Restaurant

Through the retailer's partnership with Honeyfund, couples making a wedding registry can ask for honeymoon travel and even cash

Andrew Conrad
  • 21 february 2018

Because you can only have so many nonstick woks and crystal gravy boats, Target is teaming up with honeymoon crowdfunding app Honeyfund to let couples ask for cash on their Target wedding registries.

Couples can receive the full cash value of these gifts in the form of Honeyfund digital gift cards, which are good at various travel, dining and entertainment partners. However if they want to put the money in their bank or PayPal account and use it for whatever they want, there is a 2.8% plus 30 cent fee. So, for example, if you want to cash out a $100 gift from Aunt Sally, you get $96.90 of it and Honeyfund gets $3.10.

Users can either add Honeyfund items—like resort stays, air travel, dining and cash for anything else—to their Target registry, or start a Honeyfund registry first and add it to their Target registry.

Honeyfund, which launched in 2006, had a breakthrough in 2014 when its founders, Sara and Josh Margulis, earned additional funding after appearing on ABC’s Shark Tank.

“In our 12 years of making dream honeymoons come true we’ve learned that wedding guests love choices,” Sara Margulis said in a statement. “We’re excited to partner with Target to bring the best of both traditional and modern wedding registries together for the convenience of couples and their wedding guests.”

Target | Honeyfund


Lead Image: Tiko Giorgadze | Unsplash

Because you can only have so many nonstick woks and crystal gravy boats, Target is teaming up with honeymoon crowdfunding app Honeyfund to let couples ask for cash on their Target wedding registries.

Couples can receive the full cash value of these gifts in the form of Honeyfund digital gift cards, which are good at various travel, dining and entertainment partners. However if they want to put the money in their bank or PayPal account and use it for whatever they want, there is a 2.8% plus 30 cent fee. So, for example, if you want to cash out a $100 gift from Aunt Sally, you get $96.90 of it and Honeyfund gets $3.10.

+banking
+Cafe & Restaurant
+crowdfunding
+financial services
+Luxury
+retail
+target
+technology

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