Security Deposit Account for Landlords

Baselane is a powerful banking platform that puts you in complete control of your real estate finances.

A man with gray hair and a beard, dressed in a white shirt and khaki jacket, smiles while looking at a laptop on his lap. A graphic overlay shows a "Security Deposit" notification for $8,500 and a bar chart with financial data for April to July.
Easily collect, manage, and return security deposits
Earn up to 3.35% APY interest2
No account fees or minimum balances
Trusted by 40,000+ real estate investors

Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. FDIC insurance available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.1

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Manage your security deposits with confidence

Get started
Separate accounts

Open a dedicated banking account to hold each security deposit. Easily separate deposits from operating finances at the click of a button.

Earn more Interest

Get APY up to 60x the national average on deposits, including security deposits. Option of no interest or interest bearing account depending on state4.

Save time

Rent collection and security deposits work in sync. Collect rent into Baselane banking and easily return security deposits at the end of lease.

Security deposit escrow accounts

Keep your security deposit account for escrow separate and easily manage all of your tenant security deposits compliantly.

Banking built for landlords

Powerful Banking Built to Supercharge your Rental Finances.

Rewards
Accounts
costs
Payments
Rent & Accounting
A screenshot of a banking dashboard. The screen displays various banking accounts under "Baselane Banking" with account balances. A highlighted card shows an LLC account with a $120,302 balance. There's also a cashback notification of $35.00 dated Nov 1, 2023.

Unlock more rewards

Put your cash to work. Earn up to 3.35% APY interest2 (60x national average) and unlimited 1% cash back3

A digital banking interface displays three account summary cards. The highlighted card shows the "Main Account" with a balance of $3,450. To its right, the "Security Department" account is partially visible with a balance of $4,530. The background is dark blue.

Streamline your finances

Create unlimited virtual accounts and cards. Easily open an operating account for each property or unit, and create separate accounts for security deposits.

A person holds a smartphone displaying a digital Maintenance Card with a V/SA logo and the text "Card type: Maintenance Card" and "Limit: $800 / month." In the background, there is a partially visible laptop and a docking station on a desk.

Take control of your spend

Physical & virtual debit cards with custom spend controls and automated transaction tagging by Schedule E.

Two people shaking hands in the background. Overlayed text lists financial services: "Add Funds via ACH," "Send ACH Payments," "Mobile Check Deposit," and "Transfer Between Baselane Accounts.

Simplify payments

Easily pay expenses with ACH and wires. Send payments, pay invoices, make transfers, and deposit checks from any device.

A dark blue background with a card showing financial data. The card is titled "Breakdown by Category" and displays three categories: Revenue ($11,025) in cyan, Operating Expenses ($3,724) in blue, and Mortgage & Loan Payments ($2,314) in purple.

Automate rent & accounting

Baselane banking is seamlessly integrated with Baselane’s rent collection, accounting and reporting tools. Manage everything in one place.

Brett
Denver,CO

Switching to Baselane was an immediate success. I stopped manually managing my property finances last month for the first time. I saved over 5 hours and $200 on accountant fees. Everything is now automated and in one place.

Why Landlords Choose Baselane

Typical Business
Checking Account
Built for Landlords
Interest and Cash BackUp to 3.35% APY2
1% cash back on debit cards3		0.07% APY
No cash back on debit cards
Unlimited Accounts, Partitioned by Unit
Collect Security Deposits & One-time or Recurring Fees
Virtual Cards & Spend Control
Integrated Rent Collection, Bookkeeping, & Reporting
Minimum Deposit$0 $1,500
Monthly Fees$0 $15+ monthly fees + additional fees
for wires, ACH, and overdraft

Keeping your money protected

Visa® Zero Liability Protection
FDIC insurance available up to $3M1 for funds deposited via Thread Bank; Member FDIC
Two-factor authentication (2FA) & end-to-end encryption
Integrations

CONNECT TO THE TOOLS YOU USE EVERY DAY

Real support from real humans

Schedule a call, send an email, or chat live with our customer support experts who speak real estate.

Get dedicated support anytime, anywhere. Our customer support experts speak real estate.

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Get Your Free Rental Security Deposit Account Today

Make it easy to manage rental security deposit accounts with Baselane's Banking accounts.

© 2024, Skylight Financial Services Inc. (Baselane). All Rights Reserved.

Baselane is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.

1Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.

2The Annual Percentage Yield (APY) on your Savings Account is accurate as of 18/09/24. Total balances across Checking Accounts and Savings Accounts are used to calculate APY tier, but only money in Savings Accounts is eligible for interest. Total balances less than $10,000 earn 1.75% APY for Savings Accounts. Total balances between $10,000 and $24,999 earn 2.64% APY for Savings Accounts. Total Balances between $25,000 and $49,999 earn 3.06% APY for Savings Accounts. Total balances of $50,000 or more earn 3.35% APY for Savings Account. Rates are variable and are subject to change after account opening.

3Terms and conditions apply to the cash back rewards program. 1% cash back is credited instantly following purchase with no maximum spend. No minimum spend applies. ATM transactions, the purchase of money orders or cash equivalents, and account funding made with your debit card are not eligible for cash back. Please refer to the Rewards Terms and Conditions for more details.

4Some states require an interest-bearing escrow account for security deposits while some don’t require interest. User is responsible to check state laws along with rules for collecting and reimbursing a refundable security deposit. A brief overview of security deposit laws for escrow accounts in all 50 states can be found here.

*All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.