Product Information
What is Whale-8?
Whale is the first win-win solution for secure deposits. Renters earn up to 3.25% interest and get their deposit back faster. Landlords receive a zero-cost, zero-risk, and zero-effort deposit management solution integrated with PMS.
Each deposit is held in the renter's own FDIC-insured account but remains locked during the lease term. Upon move-out, Whale deducts any owed amounts, sends them to the landlord's bank account, and immediately releases the remaining balance to the renter.
How to use Whale-8?
Whale is a win-win deposit management solution for both tenants and landlords. Tenants earn interest and get their deposits back faster, while landlords enjoy automated deposit management with zero cost, zero risk, and zero effort.
Core Functions of Whale-8
Tenant-Managed High-Yield Deposit Accounts
Automated Deposit Requests & Reminders
Instant Digital Deposit Collection & Refund
Automatic Debt Deduction & Fast Deposit Returns
Compliant with National Property Management Regulations
Seamless Integration with Property Management Systems
Usage Scenarios of Whale-8
- Tenants earn interest on deposits and receive quick refunds
- Landlords achieve zero-cost, zero-risk deposit management
- Property management companies automate deposit requests and refunds
- Replace traditional cash deposits and eliminate compliance risks
- Save time and costs for landlords and property management teams
- Enhance tenant satisfaction and avoid deposit disputes
Common Questions about Whale-8
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