Baselane is free to use and built to save you time and money. We offer our products and services to landlords without charging any hidden fees!
Here's an overview of what Baselane provides for free, and of the fees it does charge.
Account Management
| Collaborator access |
Free until the end of 2024. Starting in Q1 2025: $5.00 per month, per collaborator. |
| Monthly subscription |
N/A |
Banking
| Opening an account | No fees |
| Account Minimum Balance | No fees |
| Inactive Account | No fees |
| Overdraft | No fees |
| Internal transfers | |
| Between your Baselane banking accounts
|
No fee |
|
Between your Baselane banking account and your connected external banking account |
No fee |
| Payments (ACH, wires) | |
| Standard ACH (up to 3 business days) | No fee |
| Returned standard ACH |
No fee from Baselane. Please note that the receiving bank may charge you a return fee. |
|
Same-day ACH (1 business day) [will be introduced starting in Q1 2025] |
1% of the total transaction amount (up to $15). |
| Returned same-day ACH |
The 1% fee is not refunded. No additional return fee is charged by Baselane. Please note that the receiving bank may charge you a return fee. |
| Outbound domestic wires |
Free until the end of 2024. $15 per wire starting in Q1 2025. |
| Returned wires |
The $15 fee is not refunded. No additional return fee is charged by Baselane. Please note that the receiving bank may charge you a return fee. |
| Inbound domestic wires |
No fees. Please note that the sending bank may charge you a fee. |
|
Checks |
|
| Checkbook | $15 |
| Checks mailed through the Baselane portal | $2 per mailed check |
| Returned checks |
The $2 fee is not refunded. No additional return fee is charged by Baselane. Please note that the receiving bank may charge you a return fee. |
Rent Collection
|
Rent Collection: - tenant pays via ACH - rent is collected into a Baselane banking account |
No fees |
|
Rent Collection: - tenant pays via ACH - rent is collected into an external banking account (not a Baselane Banking account) |
$2 Landlords can cover the fee or pass it on to the tenant. |
|
Rent Collection: - tenant pays using a debit or credit card |
Tenant's rent payment will be subject to a 3.49% convenience charge. Please note that there may be fees associated with international debit card transactions. |
| Rent reporting (for tenants) | $5/month |
| Past rent reporting (for tenants) | $25 (up to 24 months) |
| Tenant screening (paid by applicants) |
Basic reporting: $24.99 Enhanced reporting: $29.99-$49.99 |
Bookkeeping
| Bookkeeping | No fee |
To find out more details, and to sign up for Baselane, please click here!
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