Save money and be informed. CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with some of the products and services mentioned on this site. Advertiser Disclosure†

Mercury

Banking for Startups

Get Deal
  • $0 minimum opening deposit
  • $0 monthly service fee
  • No overdraft fees
Novo

Free Business Checking

Learn More
  • $0 monthly service fee
  • $50 deposit to unlock all features
  • ATM fee refunds up to $7 per month
Banking services provided by Middlesex Federal Savings F.A., Member FDIC
 Novo
 Learn MoreVisit Site
 

Mercury

Novo

 

Benefits and Features

Savings1 free savings account; more upon requestNo savings account, but you add up to 20 Reserves
CheckingNo monthly fees; no balance requirementsNo monthly fees; no balance requirements
Monthly Fee
$0
$0
APY
N/A
N/A
Minimum Deposit to Open
$0
$50 to access all Novo's features
ACH Transfer Fee
$0
$0
ATMs
55,000+ Allpoint ATMs
up to $7 per month reimbursement of ATM fees worldwide
Balance Requirement
None
None
Cash Deposit Fee
N/A
N/A
Customer Service
Email only
Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Out of Network ATM Fee
$0
up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee
$0
N/A
Overdraft Fee
$0
$0
 Learn MoreVisit Site

Novo: Pricing information from published website as of 09/27/2025.

Mercury Alternatives

Novo

Free Business Checking

Learn More
  • $0 monthly service fee
  • ATM fee refunds up to $7 per month
  • Free ACHs, incoming wires, and mailed checks
  • Up to 20 Reserves to manage multiple budgets
  • Thousands of app integrations
Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Recent Mentions

Best Business Bank Accounts for LLC

Best Business Bank Accounts for LLC

The best banks for LLCs have low fees and valuable perks to help your business grow. Here are the best business bank accounts for all types of LLCs.
Best Online Business Bank Accounts

Best Online Business Bank Accounts

Bank from your desk. Find the top online business bank accounts that save time & money.
Best Free Checking Accounts for Small Businesses

Best Free Checking Accounts for Small Businesses

Avoid hidden fees. Determine the best free business checking account for your small business.
Add Your Comment



Save money and build wealth. Sign up to get our FREE email newsletter.

About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*Terms and conditions apply. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. Please review the merchant's website for terms and conditions.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2025 CreditDonkey Inc. All Rights Reserved.