FOR PROPERTIES

Not a deposit alternative.
A new way entirely.

Whale turns the traditional security deposit upside down — a lockable, high-yield savings account for renters, secured for the landlord’s benefit at move-out.

The hidden cost behind every lease.

Hours lost to paperwork, postage, and manual follow-up. Time your team could spend on residents, not admin work.

TODAY

Collect and return every deposit by hand

$41,381 lost annually per 1,000 units

Calculate Your Savings

WITH WHALE

Never touch a deposit again

30-min minutes once. 0 hours forever.

See For Yourself

Zero manual work.
Total deposit automation.

Whale syncs directly with your PMS to request, manage, and return deposits automatically, at zero cost.

Never collect a deposit.

Never collect a forwarding address.

Never mail a check.

Never worry about compliance.

FOR RENTERS

Make deposits effortless for everyone.

Effortless for renters, automated for landlords. Whale does the heavy lifting so you can focus on people, not paperwork.

Purpose built for the modern landlord

Reduce admin, eliminate errors, and give your residents a better experience, all through Whale.

Stop chasing deposits

Whale handles deposit requests and automated reminders.

Say goodbye to checks

Electronically collect and return deposits instantly.

Happier residents

Renters see their deposit, earn interest, and get their money back faster.

Eliminate risk

100% compliant in Washington, D.C. and all 50 states plus each Whale account is FDIC-insured up to $1,000,000.

Save time and money

Skip the postage, banking fees, and busywork with Whale’s fully automated security deposit solution.

Calculate Savings

Sit back and watch deposits run themselves

Get Started

CFO, Shelter Asset Management

"Whale simplified deposit management for everyone. Tenants trust the process thanks to full transparency, while our team saves hours at move-out. It’s easy to use, and the Whale team’s support has been incredible."

Founder, Varro Capital

"Eliminating the burden of administering thousands of security deposits each year has been a huge win for our operations, finance, and on-site teams. Our residents love that they're earning money each month and are pleased to get their deposit back quickly when they move-out."

Former COO, Bridge Property Management

"Whale has created something special. A true win-win where residents earn interest on deposits and operators save time, money, and reduce risk. It’s setting a new standard for how deposits should work."

FAQs

Frequently Asked

How much does Whale Deposit cost?
What is different about Whale?
Is the deposit fully guaranteed?
What do renters earn?
Does Whale comply with all local and state regulations?
How does Whale integrate with my Property Management System (PMS)?
How do I receive move-out charges?
THE WHALE WAY

The first win-win solution

Whale is a renter-owned, high-yield savings account that locks for a renter’s lease term, ensuring landlords have access to the full security deposit before it's returned electronically at lease end.

Landlords
Renters
Laptop with Whale dashboard
Zero cost
Zero compliance risk
Zero work
Earn interest
Quicker returns
Visibility over money
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OE logo2020INC logoThe Paak logo

Advisory services are offered by Build Whale, Inc., an SEC-registered Investment Advisor. Funds are held by Alpaca, member FINRA SIPC. Each renter’s account is FDIC-insured up to $1,000,000.

iPhone with Whale dashboard

Whale Deposit Checklist

(One time set-up)
  • Sign up for Whale
  • Grant PMS access
Let Whale do the rest
Schedule Demo
Compared to:

Traditional Deposit Checklist

(For each renter)
  • Review jurisdictional requirements
  • Request security deposit
  • Wait for paper check
  • Open bank account for tenant
  • Deposit funds
  • Use interest bearing account
  • Provide deposit receipt
  • Hold deposit during tenancy
  • Track return deadlines
  • Pay interest earned
  • Split roommate refunds
  • Answer renter inquiries
  • Request check from accounting
  • Print checks
  • Get forwarding address
  • Pack envelopes
  • Add stamp
  • Mail envelope
  • Handle returned checks
  • Make additional attempts
  • Apply move-out charge to ledger
OUR METHOD

How it works

1. Whale requests security deposit
Once a renter’s lease is approved, Whale immediately requests their deposit.
2. Whale locks and confirms deposit
The deposit is held in cash and can only be unlocked by the landlord at lease end.
3. Renter earns interest
The renter earns up to 3.25% (APY) interest, paid monthly.
4. Renter moves out, charges deducted
Landlord completes their move-out process and Whale transfers the amount owed to the landlord’s bank.
5. Deposit is unlocked
The balance after any move-out charges is unlocked immediately for withdrawal.