Novo vs Alliant Credit Union

Novo is a fee-free online business checking with lots of good features. How does it compare to Alliant Credit Union? Read our comparison chart below.

		Alliant Credit UnionBluevineChase Business Up to $500 BonusLili Member NCUA
	Visit Site	Learn More
	Novo	Alliant Credit Union
	SPECIAL OFFER Free Business Checking - Learn More Read Novo Review	SPECIAL OFFER CD Rates - Learn More Read Alliant Credit Union Review
	Benefits and Features
Savings	No savings account, but you add up to 20 Reserves
Checking	No monthly fees; no balance requirements
Monthly Fee	$0
APY	N/A
Minimum Deposit to Open	$50 to access all Novo's features
ACH Transfer Fee	$0
ATMs	up to $7 per month reimbursement of ATM fees worldwide	80,000+ fee-free ATMs
Balance Requirement	None
Cash Deposit Fee	N/A
Customer Service	Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST	Phone: 800-328-1935 Online chat
Incoming Wire Transfer Fee	$0
Locations	Online only	Online only
Out of Network ATM Fee	up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee	N/A
Overdraft Fee	$0
	CreditDonkey® Reviews
Savings
Checking
Mobile App
Customer Service
Price
Minimum Deposit to Open
Ease of Use
Education
Pros & Cons	Pros: No monthly fees ATM refunds up to $7 per month Lots of software integrations Cons: No cash deposits Can't send wires	Pros: No monthly fee Earns interest 80,000+ in-network ATMs Cons: Few parental controls Limited features Low spending limits
Bottom Line	Fee-free online business checking with lots of good features... Read full review	Good for basic checking with interest... Read full review
	Visit Site	Learn More
	Free Business Checking	CD Rates Jumbo CD IRA CD Rates
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Novo: Pricing information from published website as of 09/27/2025. Alliant Credit Union: Information sourced from the published website as of 10/02/2025.

Free Business Checking

• $0 monthly service fee
• $50 deposit to unlock all features
• ATM fee refunds up to $7 per month

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

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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

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Learn More

Which is Better: Novo or Alliant Credit Union?

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

In short: Novo's mobile app is outstanding.

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.

• Novo vs Bluevine
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Is Novo Safe

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

• Novo vs Axos Bank

Articles on Alliant Credit Union

Alliant Teen Checking Review

Looking for a good checking account for teenagers? Find out if Alliant Teen Checking is safe and legit for your child.

Which Do You Think is Best?