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How do I open an additional Checking or a Savings account?
How do I open an additional Checking or a Savings account?

Landlord Support

Mohanad A. avatar
Written by Mohanad A.
Updated over a week ago

With the change in account structure and the introduction of Savings accounts, you now have the option to open additional Checking accounts, made for managing your day-to-day finances, or a Savings account, made for growing your money with up to 4.19% APY*.

To open an additional Checking or Savings account, please follow the steps below:

  • Navigate to the Baselane Banking tab

  • Scroll down to the 'Accounts' section, and select the Baselane Banking account you'd like to open the additional Checking or Savings account under

  • To the right of the blue 'Move Money' button at the top, select the 'Add Account' button

  • Select 'Savings account' or 'Virtual account' from the two options (Virtual account = additional Checking account)

  • Add an account nickname

  • You have the option to toggle the 'Auto-tag' option, so that all of the transactions in this account auto-tag to a specific property/unit

  • Agree to the terms and conditions and select 'Create account'

*See here, for more information on the APY for your accounts and how it is calculated.

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