Frequently Asked Questions (FAQ)

What does Greatest Gift charge for its service? What are the fees?

We're proud to offer the lowest fees on cash gifts and crowdfunding services for long term savings, college savings or baby shower registries.

Opening a Greatest Gift account is free, and there are no monthly fees.
Also, we don't ask the sender or receiver for any tips for our services.

Our lowest fees are 1.5% + 25¢. When sending a $100 gift, that means the gift receiver keeps $98.25 of the gift, and we only take $1.75 in fees.

Gift Sending Convenience Fees-

Paying for gifts directly from your bank: 1.0% Recommended
Paying for gifts with credit cards: 3.5%

Gift Redeeming Fees-

Redeeming to long term savings accounts*: 0.5% + 25¢ Recommended
Redeeming to regular checking account: 5.0%

In comparison, gift registries charge anywhere from 2.4% to 2.9%, college gift platforms either charge 5% to 10%, or "ask" for tips of 5% to even 15%, and crowdfunding platforms typically charge a minimum of 5% (or "ask" for tips of 5% and upwards!).

*Long term savings accounts include supported 529 plans, supported investment accounts, and savings accounts.

What do I need in order to redeem a gift?

In order to redeem a gift, you need to sign up for a Greatest Gift account, and verify your contact information. You will also need a US based financial account to transfer the gift funds into.

We have a list of supported 529 plans and investment accounts, and we support most savings and checkings accounts.

If you don't have a financial account, check out our discover section for great ways to save and invest!

In order to comply with laws and regulations imposed by the United States Treasury Department and under legislation like the US Patriot Act, our payments partner Stripe may require additional identification information. We do not hold this information in our databases, and all of your information is completely secured. For more information, see the security section.

How do I receive my gift money?

Receiving your gift money is easy with Greatest Gift.

On the Greatest Gift platform, create a recipient account (for yourself, your child, or anyone else you are receiving gifts for).
Link a financial account to the recipient account. We recommend choosing long term savings destinations, like savings accounts or our supported 529 plans and investment accounts, but we also support checking accounts.
On the gift page, choose the recipient account, transfer destination, and redeem the gift.

The funds will appear directly in your transfer destination in 2-14 business days (no need to transfer money to a checking account first and then transfer from there to your savings or investment accounts).

Is Greatest Gift safe and secure to use?

Your peace of mind is our top priority.

Greatest Gift uses bank-level security safeguards to make sure your personal data and gifts are secure.

To learn more, see our security section.

What makes gifts from Greatest Gift fun and meaningful?

Our gifts are digitally gift wrapped, and always put a smile on people's faces.

Greetings and pictures add a personal touch to a money gift. We make it easy to save for the future, and our gifts encourage recipients to start saving and investing.
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Recipients benefit from our curated collection of financial products, guides and life-hacks for creating a bright future for their children.

Send a gift now and see for yourself!

How are gifts sent?

Sending a gift is easy and fun!

First, write a greeting and add a picture (we like to add a picture of us and the gift recipient, or just the gift recipient).
Choose a gift amount and delivery date.
Add the gift receiver's contact info - either email or a US phone number will work.
Finally, choose your payment method, and confirm the gift.

Happy gifting!

What type of account should I open for my baby?

Starting to save for your baby's future is exciting!

It's good to open a separate account for your baby, even if you don't have much to put in it yet. Start putting the money aside for your baby, and avoid confusing it with your own.

There are different types of accounts that you can consider depositing your gift funds into. These accounts include high-yield savings accounts, custodial accounts, UTMA / UGMA accounts, and more.

With so many options out there, you might be asking yourself – where do I start?

For a full list of options, check out our financial guides for expecting parents.

As Featured In

Receive Cash Gifts For Your Kid's Birthday

Create a Birthday Gift Registry

People enjoy investing in children's futures, but they don't always know the best way to do it. Share your child's financial goals with your family and friends and introduce them to an easy and exciting way of investing in their future. ‍

Easily Redeem Gift Funds

Skip the trip to the bank. Transfer cash gifts from Greatest Gift directly to your favorite long-term savings, investment accounts or bank accounts.

Your Choice

Gift receivers get to choose how to use the money, and are encouraged to save in 529 plans and long term savings accounts.

Discover Ways to Save & Invest

We help parents answer financial questions, and provide a curated collection of financial products, guides and life-hacks for creating a brighter future for their family.‍

A Guide for your Financial Parenting Journey

Discover guides and compare financial products that set your kids up for a great financial future

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Join a Community of Great Gifters!

Thoughtful + Impactful Gifting

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Receive Gifts Securely

Your peace of mind is our top priority.

Greatest Gift uses bank-level security safeguards to make sure your personal data and gifts are secure.

Data Encryption

Account Management

Trusted Partners

Frequently Asked Questions (FAQ)

What does Greatest Gift charge for its service? What are the fees?

What do I need in order to redeem a gift?

How do I receive my gift money?

Is Greatest Gift safe and secure to use?

What makes gifts from Greatest Gift fun and meaningful?

How are gifts sent?

What type of account should I open for my baby?

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People enjoy investing in children's futures, but they don't always know the best way to do it.

Share your child's financial goals with your family and friends and introduce them to an easy and exciting way of investing in their future.
‍

We help parents answer financial questions, and provide a curated collection of financial products, guides and life-hacks for creating a brighter future for their family.
‍

Discover guides and compare financial products that
set your kids up for a great financial future