The LA Galaxy star visited the US President at his home last week along with the rest of his soccer team.
"He said, 'David, why all the facial hair, man?' I just laughed it off'," Contactmusic quoted him as telling Extra.
The father of four, who is married to fashion designer and former Spice Girl Victoria Beckham, admitted that he was thrilled to be ridiculed by the most powerful man in the world.
"To even be in the White House was a big honour but to get a little bit of stick off the President was huge," he added.
As a thank you he will be sending Obama some of his underwear, he revealed at the Cedars-Sinai Sports Spectacular where he was being honoured.
"I'm definitely going to send him a big box of it!" he said
Obama had previously joked about the footie star's eponymous bodywear line for fashion store H and M at the team's third Major League Soccer Cup celebration.
"It is a rare man who can be that tough on the field and also have his own line of underwear. David Beckham is that man," Obama said. (ANI )