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
Is NorthOne Legit
Articles on Novo
Novo Review
Is Novo Safe and Legit
Which Do You Think is Best?
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