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.
 |  | |
 | | |
NorthOne | Novo | |
|---|---|---|
Get 3 months of free business banking - | 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 10 Reserves |
| Checking | $10 monthly fee (cannot be wavied); no balance requirements | No monthly fees; no balance requirements |
| APY | ||
| 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 |
| Minimum Deposit to Open | $50 to access all Novo's features | |
| ACH Transfer Fee | ||
| ATMs | Unlimited reimbursement of all ATM fees worldwide | |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
CreditDonkey® Reviews | ||
| | |
| Checking |   | |
| Customer Service | | |
| Mobile App | | |
| Fees | | |
| Savings | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Good business banking features and tools if you're okay with paying a monthly fee... | Fee-free online business checking with lots of good features... |
| | |
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
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
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.
Free Business Checking
- $0 monthly service fee
- $50 deposit to unlock all features
- Unlimited ATM fee rebates
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
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?
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