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.
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Novo | Regions Bank | |
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Free Business Checking - | LifeGreen Savings Account – Up to $100 Annual Savings Bonus - | |
Benefits and Features | ||
Savings | No savings account, but you add up to 5 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 | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
CD | ![]() ![]() ![]() ![]() ![]() | |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Fee-free online business checking with lots of good features... | South and Midwest bank with special reward programs... |
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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
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.