Whale
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Company Information
Whale Deposit offers renters the ability to earn interest on their rental deposit.
The deposit is held in cash so it grows completely risk-free. You can earn around 3-4% on your deposit amount, depending on the market conditions.
The deposit is made available immediately after the landlord notifies Whale of any move-out charges. No more waiting for checks in the mail!
HQ Location
Chicago, IL
Year Founded
2022
Number of Employees
11-50
Company Status
Private
Company Website
www.gowhale.com
Integration Partners
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Entrata
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Propexo
Last verified 12/20/2024
Products and Services
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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. Renters keep their security deposit in their own FDIC-insured account, earn up to 3.25% (APY) interest, and get their deposit back instantly after move-out. Landlords enjoy a zero cost, zero risk, and zero work solution.
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