Earn up to 3.56% APY2.  No account fees. No minimum balances.

Security Deposit Account for Landlords

Thousands of tech forward landlords hold security deposits in a free Baselane banking account.

A man with gray hair and a beard sits on a couch and smiles while using a laptop. In the foreground, there is a graphic showing a "Security Deposit" savings account with a balance of $8,500 and a bar chart displaying financial data for April to July.
Multiple accounts per property
No account fees or minimum balances
Earn up to 3.56% APY interest2

Benefits of security deposit accounts

A modern two-story house with large windows and a mixture of white and gray exterior. Overlaid text includes "Financial protection," "Security Deposit," a checking account ending in 2582, and "$8,500." There is also an option to view "Account details.
An image with a background of a modern house with large windows. Superimposed on the image is a text box with the title "Financial protection" and details showing "Security Deposit," a checking account ending in 2582, and a balance of $8,500. There's a link labeled "Account details.

Landlords

A smiling couple sits on a blue couch in a modern living room. Graphical overlays display financial information: "Security Deposit: $55,000," "Cleaning Services: $2,800," and "Kitchen Rehab: $11,500," with clickable arrows for account details.
A person sitting on a couch in a modern living room is gesturing with hand while financial information is overlaid on the image. The figures shown are: Security Deposit $55,000, Cleaning Services $2,800, and Kitchen Rehab $11,500.

Tenants

Why choose Baselane

A man with a beard is smiling while talking on his phone in a modern office. He is wearing a gray sweater with a white collared shirt underneath. The screen also displays account information with amounts: $3,450 for Main Account and $4,530 for Security Deposit.

Manage security deposits and more

  • All-in-one platform with banking, rent collection, accounting and more
  • Eligible to hold security deposits*
  • Free rent collection that’s landlord and renter friendly
  • Earn up to 3.56% APY
  • Comprehensive cash flow analytics and reporting
  • Modern user interface and experience
  • Excellent customer support

Take control of your spend

Open a security deposit account and use physical & virtual debit cards with custom spend controls and automated transaction tagging with Schedule E categories.

A financial dashboard displays spending information. The top section indicates $450.00 has been spent, with $100.00 left to spend (81% spent, 19% remaining). The bottom section breaks down categories: Revenue $1,025, Operating Expenses $3,724, Mortgage & Loan Payments $2,314, Transfers & Others -$5,500, and Uncategorized $449.
A person with curly hair in a yellow sweater uses a laptop at a table near a window. Four icons and text bubbles are displayed on the left, listing features: "Add Funds via ACH," "Send ACH Payments," "Mobile Check Deposit," and "Transfer Between Baselane Accounts.

Easily collect and return security seposits

Collect funds for security deposits via ACH, wire or check.

Easy to get started

A woman is sitting at a desk, writing on paper. Above her is a display showing a total balance of $26,395.00. Below her image, there's a profile card with the name "Janice Kim" and an email address "janice@mail.com.

Open a security deposit account for free

A screenshot displays a webpage section titled "Virtual Accounts" with two account options: "Orlando Duplex Checking" showing a balance of $11,530.00, and "Houston Apartment Checking" with $8,265.00. Below is a button labeled "Open a Virtual Account".

Create a virtual account
(aka - security deposit account)

A smiling person with a beard and brown hair holds a card that says "Security Deposit" and displays a balance of $6,600. The background features a modern interior with plants and blurred furnishings.

Collect security deposits
into virtual account

FURTHER READING

Blog

Explore tips & resources for real estate investors.

Landlord Insights

A Landlord’s Guide to Collecting 
and Managing Security Deposits

Product Updates

See what we’re building and launching.

Real Estate Investing

10 Best Banks for Real Estate Investors.

Get Your Free Rental Security Deposit Account Today

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