Chime vs Novo
 | ||
| Learn More | Visit Site | |
Chime | Novo | |
|---|---|---|
Get Started - | Free Business Checking - | |
Benefits and Features | ||
| Savings | 2.00% Annual Percentage Yield (APY).
 | No savings account, but you add up to 20 Reserves |
| Checking | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees | No monthly fees; no balance requirements |
| Monthly Fee | ||
| APY | ||
| Minimum Deposit to Open | $50 to access all Novo's features | |
| Mobile App | ||
| ACH Transfer Fee | ||
| ATMs | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs | Up to $7 per month reimbursement of ATM fees worldwide |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST | |
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | Up to $7 per month ATM fee reimbursement | |
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
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| Savings |  |  |
| Checking | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | | Fee-free online business checking with lots of good features... |
| Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. Novo: Pricing information from published website as of 04/10/2024. | ||
Free Business Checking
- $0 monthly service fee
- $50 deposit to unlock all features
- ATM fee refunds up to $7 per month
Free Business Checking
- $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
Articles on Chime
Chime Review
Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.
Chime Alternatives
Discover the best Chime competitors that can offer you better rewards and a wider range of account options.
Articles on Novo
Novo Review
Novo provides digital banking services for entrepreneurs and small businesses. Explore Novo's features, business perks, and fees in this review.
Is Novo Legit
Novo is a platform offering banking services for small businesses and freelancers. But is it safe and legit? Read on to find out.
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