Novo vs PNC Bank
Novo is a fee-free online business checking with lots of good features. How does it compare to PNC Bank? Read our comparison chart below.
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.
While PNC Bank has 2,300+ branches in 29 states plus D.C. mostly in the East. Checking accounts offer a unique Virtual Wallet feature with financial tools to help achieve goals. Account fees are easily waived by meeting account balance or direct deposit requirements.
Compare Novo with PNC Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
Novo | PNC Bank | |
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Free Business Checking - | Virtual Wallet with Performance Select Checking - $400 Bonus - | |
Benefits and Features | ||
Savings | No savings account, but you add up to 20 Reserves | Up to 4.45% APY. Only available in eligible markets. |
CD | 0.01% to 4.55% APY. Terms of 7 days to 10 years. | |
Checking | No monthly fees; no balance requirements |
|
Monthly Fee | ||
Money Market | Up to 0.05% APY. Only available in eligible markets. | |
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 | Approximately 60,000 PNC and partner ATMs |
Balance Requirement | ||
Cash Deposit Fee | ||
Customer Service | 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 | ||
Savings | ||
Checking | ||
Mobile App | ||
Customer Service | ||
CD | ||
Money Market | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Fee-free online business checking with lots of good features... | East Coast bank with advanced financial tools to help achieve goals... |
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 09/27/2024. PNC Bank: Pricing information from published website as of 10/02/2024 based on 91107 zip code. |
Free Business Checking
- $0 monthly service fee
- $50 deposit to unlock all features
- ATM fee refunds up to $7 per month
Spend $1500 with your Novo card within 90 days, and get $75
- $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 PNC Bank?
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.