Novo Promotions

Novo is currently offering three promotions. Read our in-depth review of Novo to see why Novo scored 3.3 stars out of 5. We like their no monthly fees, unlimited atm refunds, and lots of software integrations.

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Business Checking - Up to 2.0% APY

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• 2.0% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
• $0 minimum opening deposit
• $0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Free Checking Account for Sole Proprietors and Single-Member LLC

• Sign up in 3 minutes; no credit check
• No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at 38,000+ locations
• Auto save for taxes
• Track write-offs with a swipe
• Prefilled annual Schedule C

Banking services provided by Choice Financial Group, Member FDIC

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Member FDIC

Rewards Checking - Up to 3.30% APY

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• Use the promo code RC100 when you apply for a Rewards Checking account by 06/30/23. Then have qualifying direct deposit(s) to earn up a $100 welcome bonus!
• Up to 3.30% APY
• Zero monthly maintenance fees
• Zero overdraft or NSF fees
• Zero minimum monthly balance reqs
• Unlimited domestic ATM fee reimbursements
• Online debit card management
• Simple, 3-step process for direct deposit
• Only $50 to open an account

3 Months Free Payroll When You Sign Up

See Terms

Free Checking Account for Sole Proprietors and Single-Member LLC

• $0 monthly service fees
• $0 minimum opening deposit
• No minimum balance requirement
• No foreign exchange fee
• Get direct deposits up to 2 days earlier

Banking services provided by Choice Financial Group, Member FDIC

Get Started

• Overview
• Compared to Bluevine
In-Depth Review

Highlights

Savings
No savings account, but you add up to 10 Reserves
Compare: Novo vs Citibank
Checking
No monthly fees; no balance requirements
Read: Free Personal Checking Accounts
Compare: Novo vs Axos Bank
APY
N/A
Compare: Novo vs Bluevine
Customer Service
Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Compare: Novo vs US Bank
Minimum Deposit to Open
$50 to access all Novo's features
Compare: Novo vs Lili
ACH Transfer Fee
$0
Compare: Novo vs Relay
ATMs
Unlimited reimbursement of all ATM fees worldwide
Compare: Novo vs NorthOne
Balance Requirement
None
Compare: Novo vs Found
Cash Deposit Fee
N/A
Incoming Wire Transfer Fee
$0
Locations
Online only
Compare: Novo vs Chase
Out of Network ATM Fee
Unlimited ATM fee rebates
Outgoing Wire Transfer Fee
N/A
Overdraft Fee
$27
Monthly Fee
$0
Compare: Novo vs Square

More Information

• For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.

	Novo	Bluevine
	Benefits and Features
Savings	No savings account, but you add up to 10 Reserves	No savings account, but you add 5 free sub accounts
Checking	No monthly fees; no balance requirements	Up to 2.0% APY. No monthly fees; no balance requirements; no overdraft fees
APY	N/A	2.0% APY on balances up to $250,000 for customers that meet monthly eligibility requirements
Customer Service	Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST	Phone and email: Monday - Friday. 8 am to 8 pm EST
Minimum Deposit to Open	$50 to access all Novo's features	$0
ACH Transfer Fee	$0	$0
ATMs	Unlimited reimbursement of all ATM fees worldwide	37,000+ MoneyPass ATMs
Balance Requirement	None	None
Cash Deposit Fee	N/A	$4.95
Incoming Wire Transfer Fee	$0	$0
Locations	Online only	Online only
Out of Network ATM Fee	Unlimited ATM fee rebates	$2.50
Outgoing Wire Transfer Fee	N/A	$15
Overdraft Fee	$27	$0
Monthly Fee	$0	$0

Novo Alternatives

Open a Free Business Checking Account

• 2.0% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
• $0 minimum opening deposit
• $0 monthly service fee

Banking services provided by Coastal Community Bank, Member FDIC

Get Deal

Free Checking Account for Sole Proprietors and Single-Member LLC

• $0 monthly service fees
• Categorize and track business expenses
• Save for taxes automatically
• Get direct deposits up to 2 days earlier
• No foreign transaction fees

Banking services provided by Choice Financial Group, Member FDIC

Get Started

Member FDIC

Basic Business Checking - $100 Bonus

Get Deal

• Business owners get up to $100 welcome bonus!*
• Choose smarter business banking by June 30 and enjoy up to $100.* Just use promo code SBIZ100 on your application.
• Zero opening deposit and cash deposits accepted
• Zero minimum monthly balance requirements
• Two domestic wire reimbursements monthly
• Unlimited domestic ATM fee reimbursements
• Enhanced Visa benefits and first 50 checks free
• Dedicated relationship manager and more

Articles on Novo

Novo Review

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More Business Promotions

Bluevine

Business Checking - Up to 2.0% APY

Lili Promotions

Free Checking Account for Sole Proprietors and Single-Member LLC

Member FDIC

Axos Bank

Rewards Checking - Up to 3.30% APY