The first high-yield savings account for security deposits

Keep your security deposit in your own FDIC-insured account, earn up to 3.2% (APY) interest, and get your deposit back instantly after move-out.

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YOUR FUTURE

Watch your security
deposit work for you

Instead of sitting idle, your deposit can grow throughout your lease - helping you build wealth while you rent​.

Your $2,065.03 deposit

Graph of interest over timeGraph of interest over time
BANK
APY
3.2%
Bank of America
0.04%
Chase
0.02%
Wells Fargo
0.01%
Plus, the 3.2% APY is 7X the national average rate.
As of November 18, 2024, the average national deposit rate is 0.43%.

Source: The FDIC
What's the catch?
IMPACT

A security deposit designed for renters

Your security deposit is your money, so why hand it over to your landlord? Top properties have partnered with Whale to provide a renter-friendly solution.

Your money, growing in your account

No more handing over a check to your landlord and missing out on interest.

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FDIC-insured and 100% risk-free

Your deposit is held in cash in an FDIC-insured account so you earn interest risk-free. Whale never invests your money in any way.

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Get your money back—fast

Once your landlord processes your move-out, your funds are instantly unlocked. No more waiting weeks for a refund check!

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THE CATCH

Good for your landlord
- great for you

Landlords collect security deposits to safeguard against missed payments and damages, but it’s a pain to manage and renters must hand over a hefty sum up-front and wait weeks for it to be returned at move out. Whale delivers a win-win solution.

Landlords
Renters
Zero work, free to use
Zero compliance risks
Zero new tools
Earn interest
Quicker returns
Visibility over money
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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.

Partnered with properties
across the US.

See How
FAQs

Frequently asked

What is Whale?
How much can I earn?
Are there any fees to use Whale?
How does Whale safeguard my money?
What happens when I move out?
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Ready to get
started?

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