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Frequently asked questions

Can't find what you're after?
Email hello@rentaliq.com.au or call 1800 658 324.

Getting started

How long does it take to generate my report?

Most renters complete the process in five to ten minutes, including the bank connection.

Do I need to download an app?

No. Rental IQ runs in your browser on your phone, tablet or laptop.

What do I need ready before I start?

Your bank's Customer Reference Number (CRN). Some banks call this a Customer ID. You'll find it in your mobile banking app, usually under your profile. You'll also need your date of birth, your current address, and the address of the property you're applying for.

Can I generate a report before I have a property in mind?

Yes. You can generate the report against any target rent, and apply it to actual properties later.

Cost and validity

How much does it cost?

AUD $19.95, including GST. Once. No subscription.

How long is the report valid for?

Three months from the date it's generated.

Can I use one report for multiple applications?

Yes. That's the whole point. One report covers every application you make in those three months.

Do I need to pay again if I refresh the report?

No. Refreshes within the three-month window are free.

Refunds?

See our Refund Policy. If something's gone wrong, email refunds@rentaliq.com.au.

Privacy and security

Will Rental IQ see my bank login?

No. The connection happens through your bank's own consent screen, via our accredited Open Banking partner Basiq. We never receive your username or password.

Will this affect my credit score?

No. Rental IQ is not a credit check and does not interact with credit bureaus.

What does the property manager see?

A view-only link to your single-page report. Recommended weekly rent range, verified income and expenses, the accounts you chose to include, and a verification block. They cannot see your transactions, your bank statements, or accounts you didn't include.

How do I delete my data?

Email privacy@rentaliq.com.au. We process deletion requests within 30 days. You can also revoke your bank consent at any time directly through your bank or through Basiq.

Where is my data stored?

In Australian data centres, encrypted in transit and at rest, under Australia's Consumer Data Right framework.

Property managers

Does my office need to sign a contract?

No. Rental IQ is free for property management offices. Renters pay $19.95 to generate their own report.

Will it integrate with our CRM?

Reports arrive as a PDF and a view-only link, which you can attach to any application file in your existing CRM. Deeper integrations are on the roadmap. Talk to us about your stack at the demo.

How do I verify a report I receive?

Each report carries a 6-digit code and QR code. Enter the code (or scan the QR) at our verification page to confirm the report is real, current, and belongs to the applicant.

What if a report looks wrong?

Call us directly: 1800 658 324. We'll investigate.

Group applications

We're applying as a couple, do we generate one report or two?

Each applicant generates their own. Rental IQ then combines them into a Group Summary cover page, with each individual's report behind it.

Does each applicant pay $19.95?

Yes. Each applicant generates their own verified report.

What if one applicant doesn't want to connect their bank?

Every applicant in the group needs to generate a report. If one applicant won't or can't, the group submits as a partial application, and the property manager will see that one applicant's affordability is not verified.

Compliance

Is Rental IQ accredited under Open Banking?

Rental IQ operates as a CDR Representative of Basiq, an Accredited Data Recipient under Australia's Consumer Data Right framework. We're listed on the ACCC's CDR Register.

How is this different from a credit check?

A credit check looks at past credit behaviour. Rental IQ looks at current affordability. More on the differences →

Still have a question?

Our team is here to help — reach out and we'll get back to you.

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