Novo vs Regions Bank
Novo is a fee-free online business checking with lots of good features . How does it compare to Regions Bank? Read our comparison chart below.
 | ||
 |  | |
Novo | Regions Bank | |
|---|---|---|
Free Business Checking - | LifeGreen Savings Account – Up to $100 Annual Savings Bonus - | |
Benefits and Features | ||
| Savings | No savings account, but you add up to 10 Reserves | |
| CD | ||
| Checking | No monthly fees; no balance requirements | |
| Money Market | ||
| APY | ||
| Customer Service | Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST | 24/7 Telephone Customer Service |
| Minimum Deposit to Open | $50 to access all Novo's features | |
| ACH Transfer Fee | ||
| ATMs | Unlimited reimbursement of all ATM fees worldwide | More than 1900 ATMs in 15 Southern and Midwestern US states. |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| IRA CD |  | |
| IRA Money Market | ||
| Locations | More than 1500 branches in 16 Southern and Midwestern US states. | |
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
CreditDonkey® Reviews | ||
| ||
| Savings |  |  |
| Checking | |  |
| Customer Service | | |
| Mobile App | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Fee-free online business checking with lots of good features... | South and Midwest bank with special reward programs... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Regions Bank: Pricing information from published website as of 03/9/2022 based on 35203 zip code. | ||
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: Novo or Regions 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 Chase.
In short: Novo's mobile app is outstanding. Regions Bank's savings is notable.
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.
Articles on Regions Bank
Regions Bank Review
Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you.
Which Do You Think is Best?
Next Page: Novo Review
