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

NorthOne vs Novo

NorthOne is a good business banking features and tools if you're okay with paying a monthly fee . How does it compare to Novo? Read our comparison chart below.

NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, unlimited transactions, invoice maker, and app integrations. But there is a $10 monthly fee with no options to waive.

While Novo offers all-in-one banking for digital businesses. It includes up to 10 Reserves, free unlimited invoicing, and over a thousand business app integrations. But there's no cash deposits. There is no monthly fee.

Compare NorthOne with Novo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 NorthOneNovo
 Visit SiteVisit Site
 

NorthOne

Novo

SPECIAL OFFER
Get 3 months of free business banking - Learn More

Read NorthOne Review

SPECIAL OFFER
Free Business Checking - Learn More

Read Novo Review

 

Benefits and Features

SavingsNo savings account, but you can create unlimited envelopes for savings goalsNo savings account, but you add up to 10 Reserves
Checking$10 monthly fee (cannot be wavied); no balance requirementsNo monthly fees; no balance requirements
APY
N/A
N/A
Customer ServicePhone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST.Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Minimum Deposit to Open
$50
$50 to access all Novo's features
ACH Transfer Fee
$0
$0
ATMs
38,000+ MoneyPass ATMs
Unlimited reimbursement of all ATM fees worldwide
Balance Requirement
None
None
Cash Deposit Fee
$4.95
N/A
Incoming Wire Transfer Fee
$15 for domestic wires
$0
Locations
Online only
Online only
Out of Network ATM Fee
Fee from ATM owner
Unlimited ATM fee rebates
Outgoing Wire Transfer Fee
$15 for domestic wires
N/A
Overdraft Fee
$0
$27
Monthly Fee
$10
$0
 

CreditDonkey® Reviews

 NorthOneNovo
CheckingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarStarStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStarStarStarStarStarStar
FeesStarStarStarEmpty StarEmpty Star
SavingsEmpty StarEmpty StarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Unlimited envelopes
  • Invoice maker
  • App integrations
Cons:
  • $10 monthly fee
  • No APY
  • Cash deposit fee
Pros:
  • No monthly fees
  • Unlimited ATM refunds
  • Lots of software integrations
Cons:
  • No cash deposits
  • Can't send wires
Bottom LineGood business banking features and tools if you're okay with paying a monthly fee... Read full reviewFee-free online business checking with lots of good features... Read full review
 Visit SiteVisit Site
NorthOne

Get 3 months of free business banking

  • Unlimited envelopes for all your business budgets
  • Integrations with popular accounting and payment processing apps
  • Free invoice maker
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank; Member FDIC.
NorthOne

Get 1 month of free business banking

  • Unlimited envelopes for all your business budgets
  • Integrations with popular accounting and payment processing apps
  • Free invoice maker
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank; Member FDIC.
NorthOne

Business Referral Program - $75 Bonus

Earn $75 for every referral who successfully opens a qualifying business account, and completes all qualifying requirements. Referred clients will get $75 in bonus.

Novo

Free Business Checking

  • $0 monthly service fee
  • $50 deposit to unlock all features
  • Unlimited ATM fee rebates
Banking services provided by Middlesex Federal Savings F.A., Member FDIC
Novo

Free Business Checking

  • $0 monthly service fee
  • Unlimited ATM fee rebates
  • Free ACHs, incoming wires, and mailed checks
  • Up to 10 Reserves to manage multiple budgets
  • Thousands of app integrations
Banking services provided by Middlesex Federal Savings F.A., Member FDIC
Novo

Novo Boost (available for payments processed via Stripe)

  • Get paid faster and speed up cash flow
  • Access funds in hours instead of days
  • Connect with 50+ tools to help grow your business

Which is Better: NorthOne or Novo?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing NorthOne or Chase.

In short: NorthOne's customer service is impressive.


Articles on NorthOne

NorthOne

NorthOne is a banking platform for small businesses. But is it right for you? Find out the unique features it offers and how it compares.

Is NorthOne Legit

NorthOne offers convenient online banking for small business owners. But is NorthOne safe and legit? Read on to find out.

Articles on Novo

Novo Review

Novo Bank provides digital banking services for entrepreneurs and small businesses. Explore Novo's features, business perks, and fees in this review.

Is Novo Safe and Legit

Novo is a platform offering banking services for small businesses and freelancers. But is it safe and legit? Read on to find out.

Which Do You Think is Best?





You Might Also Like

Bluevine Alternatives
Bluevine

Bluevine Alternatives

Bluevine offers a high APY and no monthly fees. But it has limitations. Find out if one of these business checking alternatives is better for you instead.
Best Online Bank for Small Business

Best Online Bank for Small Business

Manage your business finances without running to a bank. An online bank can save you time and money. Here are the 10 best online banks for small businesses.
Best Free Business Checking for Freelancers and Side Hustlers

Best Free Business Checking for Freelancers and Side Hustlers

Which banks offer the best free business checking accounts for freelancers? Find the top interest rates and business perks for all 1099 employees.
Best Business Checking Account

Best Business Checking Account

Cut banking costs and keep more money in your business. Here are the best business checking accounts (#1 is free).
Best Bank for Small Business

Best Bank for Small Business

The right bank account can make or break your business. Narrow down your options and find the best business bank account with this guide.

Next Page:

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.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

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
© 2023 CreditDonkey Inc. All Rights Reserved.