Move in Without the Stress of a Cash Deposit
De-Posit gives tenants a smarter, more flexible alternative to traditional rental deposits, keeping your cash free for the things that matter most. It’s fast, fair, and designed to make moving easier.
Why Tenants Love De-Posit
Reduce Upfront Costs
Skip the large cash deposit and keep your money where you need it. De-Posit replaces the traditional lump-sum deposit with a secure pre-authorised payment mandate.
Flexible Spending
Use the cash you would have locked away in a deposit to furnish your home, cover moving costs, or save for what matters. You stay in control of your finances.
Fast, Seamless Move-In
Apply online in minutes, get approved quickly, and move in without the stress of pulling together a big deposit. No delays, no paperwork headaches.
Fair & Transparent
You only pay for actual damages or unpaid charges — nothing more. No more disputes over unfair deductions or waiting weeks for deposit refunds.
How De-Posit Works for Tenants
- 1. Receive an Invitation
- 2. Apply Online
- 3. Review Your Service Fee
- 4. Activate Your Billing Authorisation
- 5. Move In With Zero Deposit
- 6. Only Pay for What You Owe
What You’re Responsible For
De-Posit is not insurance — you remain responsible for:
- Damages beyond normal wear and tear
- Unpaid rent
- Utilities or other charges in your lease
- Any other lawful charges with evidence
The difference is you don’t pay anything upfront.
Your Data Is Secure
- POPIA compliant processing
- Encrypted payment information
- Secure banking integrations
- Transparent communication
Who Can Apply?
To qualify, you must:
- Be 18 or older
- Live in South Africa
- Pass credit, affordability, and rental history checks
Ready to Move In?
Join the growing number of tenants using De-Posit to make their move-in experience simpler and more affordable.