iPhone with Whale dashboard

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.

OE logo2020INC logoThe Paak logo
YOUR FUTURE

Watch your security
deposit work for you

Instead of sitting idle, your deposit grows 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
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.

Deposit locked

Your money, growing in your account

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

Get Started
FDIC logo

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.

Get Started
Deposit secure
Deposit unlocked

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!

Get Started
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
Lock icon
Renters
Laptop with Whale dashboard
Zero work, free to use
Zero compliance risks
Zero new tools
Earn interest
Quicker returns
Visibility over money
Section header
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

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?
START

Ready to get
started?

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Three iPhones with Whale dashboard