North One vs Novo
North One is a good business banking features and tools with no monthly fees. How does it compare to Novo? Read our comparison chart below.
North One offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.
While Novo offers all-in-one banking for digital businesses. It includes up to 20 Reserves, free unlimited invoicing, and over a thousand business app integrations. But there's no cash deposits. There is no monthly fee.
Compare North One with Novo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
North One | Novo | |
|---|---|---|
North One Free Business Banking - Up to 2.50% APY - | Free Business Checking - | |
Benefits and Features | ||
| Savings | No savings account, but you can create unlimited envelopes for savings goals | No savings account, but you add up to 20 Reserves |
| Checking | $0 monthly fee; no balance requirements | No monthly fees; no balance requirements |
| Monthly Fee | ||
| APY | up to 3.00% APY for Plus Accounts; up to 2.50% APY for Standard Accounts that meet eligibility requirements | |
| Minimum Deposit to Open | $50 to access all Novo's features | |
| ACH Transfer Fee | ||
| ATMs | up to $7 per month reimbursement of ATM fees worldwide | |
| Balance Requirement | ||
| Cash Deposit Fee | up to $4.95; 1 refund/month (Standard members); 3 refunds/month (Plus members) | |
| Customer Service | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. | 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 | ||
| | |
| Checking |   | |
| Fees | | |
| Mobile App | | |
| Customer Service | | |
| Savings | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good business banking features and tools with no monthly fees... | Fee-free online business checking with lots of good features... |
| Visit Site | Visit Site | |
North One: Information sourced from the published website as of 02/25/2025. Novo: Pricing information from published website as of 05/09/2025. | ||
North One Free Business Banking - Up to 2.50% APY
- 2.50% APY on balances up to $250,000 for eligible customers
- Business banking for teams
- Automatic invoice ingestion and payments
- Sales and revenue analytics
- Unlimited account envelopes
- Close to 100 integrations
- Over $5000 in perks for new customers
- No monthly fees, no application fees, no minimum balance
North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
North One Plus Business Banking - Up to 3.00% APY
- 3.00% APY on balances up to $250,000 for eligible customers
- Priority email/chat support
- Dedicated relationship manager
- Implementation and onboarding assistant
- $0 same-day ACH payments, bill payments, and physical checks
- Lowest transaction fees
- $50 minimum opening deposit
- $20 monthly fee
North One Free Business Banking - Up to 2.50% APY
- 2.50% APY on balances up to $250,000 for eligible customers
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Automate your bill payments
- $50 minimum opening deposit
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
Which is Better: North One or Novo?
Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing North One or Bluevine.
In short: North One's customer service is outstanding.
Articles on North One
NorthOne
North One 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
North One offers convenient online banking for small business owners. But is North One safe and legit? Read on to find out.
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 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?
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