Abstract: A grooved hair accessory holder. The grooved hair accessory holder has a top unit and a base unit that form a conical shape when secured together. The base unit has a bottom, sidewalls and an open upper end forming a frusto-conically shaped housing with an interior. The top unit has sidewalls that taper toward a closed upper end and an open lower end, forming a conical shape with an interior. There is a fastener adapted to removably secure the top unit to the base unit. Grooves are indented into the exterior surface of the sidewalk at a depth adapted to fit the width of a hairband therein.