Abstract: The present invention provides a neck strap having a magnetic receptacle to which either a pre-tied bow tie or pre-tied tie is engagably and magnetically attachable. Two types of neck straps are disclosed. A first embodiment neck strap is a conventional elasticized cloth strap, adjustable in length, having clasp-together, hook and eye opposite ends and having a button magnetic receptacle secured to a middle portion thereof. The second embodiment neck strap is a cloth strap having a first end to which a pair of spaced-apart neodymium magnets are sewn or bonded. The opposite end has a series of equally-spaced ferromagnetic discs which are sewn or bonded thereto. The ferromagnetic discs are attracted to the neodymium magnets, thereby holding the ends of the strap together. A bow tie or dress tie has a plug that magnetically secures itself to the magnetic receptacle.