How do cash funds work?
Zola Baby offers zero-fee cash fund options through Venmo, while credit card contributions have a low 2.5% transaction fee. You can create custom funds for anything you need—from diapers to childcare—and choose whether you or your guests cover the processing fees.
Key Cash Fund Features:
- Zero-Fee Options: Create cash funds that guests can contribute to with no fees via Venmo.
- Low-Fee for Credit Cards: For credit card or PayPal contributions, a 2.5% fee applies to cover bank processing. You can choose to absorb this fee or have guests pay it at checkout.
- 5% Bonus: Convert your cash contributions into Zola Baby store credit to receive a 5% bonus to spend on registry items.
- Flexible Transfers: Transfer your funds to your linked bank account at any time. The first transfer takes up to 10 business days, while subsequent transfers take 2-4 business days.
- Privacy Control: You can choose to hide the total goal amount of a fund from your friends and family.
How to set up your cash fund:
- Navigate to your Zola Baby registry and click Add Gifts.
- Select Cash Funds and choose a pre-made option or click Create Your Own.
- Go to Cash fund settings to choose your fee preference (You or Your friends and family).
- Link your Bank account info in Account Settings to enable transfers.
Why does Zola have a 2.5% transaction fee for Cash funds?
All credit card companies charge a transaction fee to transfer money online, and ours is just 2.5%. You can have guests pay the fee—we’ve found they’re happy to do so—or absorb it on their behalf. Visit this page for more info.
How long will it take to transfer Cash funds to our bank?
Your first transfer usually takes up to 10 business days. All following transfers shouldn’t take more than 2-4 business days, and we’ll shoot you a confirmation email every time funds have been deposited into your bank account. Read more about the cash transfer timeline here!
Is it really OK to register for cash? How can we make it feel more personal?
Absolutely! Your family and friends want to give you gifts you want for your expecting family. We recommend splitting large funds up into smaller, more personalized ones. Gift givers love contributing to specific things and experiences you need for the future.
How do friends & family contribute to our Cash funds?
When you add a cash fund to your Zola Baby registry, you can choose to let friends & family contribute what they want or contribute fixed amounts. Then, like any other online store, they’ll go through the checkout process using their credit cards or PayPal to contribute to your fund.
Can we hide the total amount of a Cash fund from friends & family?
Yes! When you create a Cash fund and let friends & family contribute what they want, you can choose to hide the total amount you’re hoping to receive. If a gift purchaser tries to contribute more than this total, they’ll be prompted to contribute a lower amount.
Does Zola Baby automatically deposit Cash fund contributions into our bank account?
No. We’ll notify you every time you receive a contribution towards one of your Cash funds. You can transfer your funds to your bank account whenever you want.
Can we register for cash gifts and classic gifts?
Definitely! Zola Baby is the only place where you have total flexibility to register for everything you want. Add gifts, experiences & Gift Cards, and Cash funds from our store and add gifts from other stores. All your gifts will live on one convenient page for guests.
Can we use Cash contributions to purchase gifts from the Zola store?
Yes! When you receive contributions to your honeymoon funds, you’ll have the option to transfer them to your bank account or convert them to Zola Baby store credit and receive a 5% bonus. You can then spend that credit on any of the gifts in our store.