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Mercury

Banking for Startups

  • $0 minimum opening deposit
  • $0 monthly service fee
  • No overdraft fees
Novo

Powerfully Simple Business Banking

  • $0 monthly service fee
  • $50 deposit to unlock all features
  • Unlimited ATM fee rebates
Banking services provided by Middlesex Federal Savings F.A.; Member FDIC
 Novo
 Learn MoreVisit Site
 

Mercury

Novo

 

Benefits and Features

Savings1 free savings account; more upon requestNo savings account, but you add up to 5 Reserves
CheckingNo monthly fees; no balance requirementsNo monthly fees; no balance requirements
APY
N/A
N/A
Customer Service
Email only
Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Minimum Deposit to Open
$0
$50 to access all Novo's features
ACH Transfer Fee
$0
$0
ATMs
55,000+ Allpoint ATMs
Unlimited reimbursement of all ATM fees worldwide
Balance Requirement
None
None
Cash Deposit Fee
N/A
N/A
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Out of Network ATM Fee
$0
Unlimited ATM fee rebates
Outgoing Wire Transfer Fee
$0
N/A
Overdraft Fee
$0
$27
Monthly Fee
$0
$0
 Learn MoreVisit Site

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