What is Whale?

Whale is the first high-yield savings account that allows renters to keep their security deposit in their own account and earn interest.

Your security deposit is held in cash in your own FDIC-insured account so it grows completely risk-free, earning up to 2.75% (APY) interest.

After your landlord processes your move-out, Whale instantly unlocks your deposit, less any move-out charges, so it’s available for immediate withdrawal. No more waiting for checks in the mail!