Deposit Power deposit bonds are guarantees that stand in for a cash deposit when you exchange contracts on a property. Deposit Power is not a lender and a deposit bond is not a loan: the bond gives the vendor an insurance-backed guarantee, and you still pay the full purchase price, including the deposit, at settlement. This page is a factual profile to help buyers understand who Deposit Power is and where a deposit bond may fit. However, it is not a recommendation, and it does not rate or rank providers.
Deposit Power at a Glance
| Item | Detail |
|---|---|
| Provider type | Deposit bond (deposit guarantee) provider, not a lender |
| Operated by | Credeq Australia Pty Ltd, part of the Credeq Group, as a managing general agent. Deposit Power is its registered trademark |
| Underwritten by | HDI Global Specialty SE, a global insurer |
| Operating since | Deposit bonds issued in Australia for more than 30 years |
| Recent change | Agreed to acquire Deposit Assure in April 2026, with the two brands to combine under Deposit Power |
| Deposit bonds for | Buyers who need to exchange contracts before their cash deposit is available |
Ownership and History of Deposit Power
Deposit Power has issued deposit bonds in Australia for more than 30 years, working with mortgage brokers, conveyancers and real estate professionals and their clients. Credeq Australia Pty Ltd, which operates as a managing general agent within the Credeq Group, holds the Deposit Power name as a registered trademark.
HDI Global Specialty SE, a global specialty insurer, underwrites the bonds under an agency agreement. Because the product is a guarantee rather than credit, Deposit Power is not a credit provider and does not appear on lender panels in the way a bank does.
On 9 April 2026 Deposit Power announced it had agreed to acquire Deposit Assure, another long-standing Australian deposit bond issuer that had operated for about 11 years. Under the plan, the two brands would run side by side during a transition period and then combine under the Deposit Power name once the transaction completed.
Where a Deposit Power Deposit Bond May Suit
- Buyers who can’t access their deposit until settlement, for example because it sits in the equity of a home they are selling, in shares or in a term deposit.
- First home buyers whose deposit will come from a government scheme, a gift or savings that are not yet accessible. See our first home loans page.
- Anyone who needs to exchange contracts quickly and would rather not liquidate assets to fund a cash deposit.
- Buyers working with a broker or conveyancer who want a guarantee the vendor’s side will recognise.
Whether a deposit bond is available for your purchase depends on the vendor accepting it and on Deposit Power’s own eligibility assessment, so it pays to raise it early.
How a Deposit Power Deposit Bond Works
- First, you apply for a bond for the deposit amount, and Deposit Power assesses your ability to complete the purchase.
- At exchange you hand the vendor the bond instead of cash. In effect, the bond acts as a guarantee to the vendor.
- Then, at settlement, you pay the full purchase price, including the deposit, from your home loan and your own funds.
- Because the bond is a guarantee, the vendor can claim on it if the purchase does not complete because of the buyer.
You can also read the provider’s own explanation at Deposit Power, and independent coverage of the 2026 Deposit Assure transaction in The Adviser.
Getting a Deposit Power Deposit Bond Through Ingram Financial
Of course, every provider has its own policies, processes and quirks, and they change often. Rather than working through them on your own, let Ingram Financial help you navigate the maze: Shannon can arrange the deposit bond alongside your home loan so the two fit together.
Shannon Ingram, principal broker at Ingram Financial in Bangor in the Sutherland Shire, helps clients across Australia by phone and video. A deposit bond only solves the deposit at exchange, so we also compare the home loan itself across our panel. Use our comparison tool to see current lender products, and our home loans overview for the main loan types.
Ready to talk about a Deposit Power deposit bond? Contact us or book a free chat below.
Deposit Power Deposit Bond FAQs
No. Deposit Power issues deposit bonds, which work as insurance-backed guarantees that replace a cash deposit at exchange. A deposit bond is not a loan, and you still pay the full purchase price at settlement.
Credeq Australia Pty Ltd, part of the Credeq Group, holds Deposit Power as a registered trademark, while the insurer HDI Global Specialty SE underwrites its bonds. It has issued bonds in Australia for more than 30 years.
In April 2026 Deposit Power announced it had agreed to acquire Deposit Assure, with the two brands to combine under the Deposit Power name after the transaction completed.
Yes. Ingram Financial holds accreditation with Deposit Power, so we can arrange a Deposit Power bond alongside your home loan, subject to the vendor accepting a bond and Deposit Power’s eligibility assessment.
About This Profile
Ingram Financial has no ownership ties to Deposit Power or the Credeq Group. Deposit Power is simply one of the providers we can arrange for clients. We checked the provider information on this page in September 2026. However, it may change, and the provider sets bond availability, policies and eligibility criteria.
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Lending criteria, fees and charges apply. Consider whether it is appropriate for you and speak to us for advice specific to your situation.