Earn up to 3.77% APY2.  No account fees. No minimum balances.

Let’s Talk 
About Security

At Baselane, earning — and keeping — your trust is our highest priority. We take multiple measures to ensure your security and protect your data.

What security measures do we take?

End-to-End Encryption

All data is transmitted with encryption-in-transit using HTTPS or similar protocols. All data is securely stored with encryption-at-rest using AES-256 or higher standards. Within databases, we also leverage in-field encryption to protect particularly sensitive data.

Tokenization of Sensitive Data

Baselane uses tokenization to protect sensitive information (personal information, card data, etc.) by replacing it with a secure surrogate ID, called a token. That way, we only store that token, and not your actual data, making sure your information is always safe.

Regular Penetration Testing

We work with the best third-party cybersecurity experts to conduct regular penetration testing to ensure there are no vulnerabilities in our infrastructure and audits to ensure our defenses remain stable.

Identity Verification

We comply with federal “Know Your Customer” standards and require all customers to verify their identity before collecting rent through Baselane.

Trusted Partners

When we work with third parties to help provide services to you, we select leading partners who have adopted equally stringent security protocols. Learn about some of our key partners: Stripe, Plaid, VGS, and Unit.

SAML SSO Account Protection

We support SSO through Google, leveraging Security Assertion Markup Language (SAML) technology.

Your Money is Protected

FDIC insurance is available for funds on deposit up to a maximum of $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://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks.

Baselane is a financial technology company, and is not a bank. Banking services and FDIC insurance are provided through Thread Bank1, Members FDIC.

Multi-Factor Authentication

Baselane requires multi-factor authentication on all accounts as an additional layer of security to prevent access from an unauthorized third party.

Help Center

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About Baselane

Real estate investors & renters deserve better financial technology. Learn why we are building Baselane.

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© 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. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. The Baselane Visa Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.

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://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.

2The Annual Percentage Yield (APY) on your Savings Account is accurate as of 04/05/23. 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 3.77% APY for Savings Account. These are variable rates and are subject to change based on the target range of the Federal Funds rate. There are no minimum balances or minimum deposits required to earn interest on your Savings Account. Review the Baselane Business Deposit Account Agreement for more information.

3Cash back is credited once per month for all rewards above 1% and credited to your account with a maximum of $2,000 annual spend per calendar year. 1% cash back is credited instantly following purchase with no maximum spend. No minimum spend applies. Terms and conditions apply.

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.

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