Q:

What is the going rate for a cash wedding gift?

A:

As of 2014, the going rate for a wedding gift of cash is $150; however, if the bride or groom is a family member or close friend, guests may want to increase the cash gift if finances allow. A more extravagant and expensive wedding may merit a higher dollar amount.

The "cover your plate" rule of thumb should apply when determining how much cash to give as a wedding gift, according to many wedding planners. For example, if the meal served is $150 a plate, guests should contribute at least the amount to pay for the meal when attending a wedding and wedding reception.


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