Novo vs GO2bank
Novo is a fee-free online business checking with lots of good features. How does it compare to GO2bank? Read our comparison chart below.
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| Visit Site | Learn More | |
Novo | GO2bank | |
|---|---|---|
Free Business Checking - | Cash a Check and Get $5 Credit - | |
Benefits and Features | ||
| Savings | No savings account, but you add up to 20 Reserves | 1% APY on savings, paid quarterly on balances up to $5,000 |
| Checking | No monthly fees; no balance requirements | No monthly fees with eligible direct deposit (otherwise $5 per month) |
| Monthly Fee | $0/mo with eligible direct deposit (otherwise $5 per month) | |
| APY | ||
| Minimum Deposit to Open | $50 to access all Novo's features | |
| Mobile App | ||
| ACH Transfer Fee | ||
| ATMs | up to $7 per month reimbursement of ATM fees worldwide | Over 55,000 fee-free AllPoint ATMs |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST | Mon - Sun 5am - 9pm PST, phone and live chat |
| 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 | ||
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| Savings |  |   |
| Checking | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Fee-free online business checking with lots of good features... | Solid mobile bank with interest and good benefits, but beware of some fees... |
| Visit Site | Learn More | |
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. GO2bank: Information sourced from the published website as of 10/29/2025. | ||
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: Novo or GO2bank?
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 customer service is notable. GO2bank's savings is notable.
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.
Articles on GO2bank
GO2bank Review
Get the real deal about GO2bank. Is it legit? Find out in this in-depth review.
Which Do You Think is Best?
Which Bank Account is Right for You?
Next Page: Novo Review
