The first high-yield savings account for security deposits
Keep your security deposit in your own FDIC-insured account, earn up to 2.50% (APY) interest, and get your deposit back instantly after move-out.
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
.avif).avif)
BANK
APY
2.50%
Bank of America
0.04%
Chase
0.02%
Wells Fargo
0.01%
Plus, the 2.50% APY is 7X the national average rate.
As of May 19, 2025, the average national deposit rate is 0.42%.
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.
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 your money back—fast
Once your landlord processes your move-out, your funds are instantly unlocked. No more waiting weeks for a refund check!
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,
Zero risks
Zero new tools
Earn interest
Quicker returns
Visibility over money
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.
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?
Why haven’t I received a deposit request from Whale?