Novo 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.
Powerfully Simple Business Banking
Compare Promotions
Rewards Checking - Up to 1.00% APY
- Up to 1.00% APY
- No minimum balance requirements
- No fees to open or maintain account
- Overdraft Protection
Highlights
Savings
No savings account, but you add up to 5 Reserves, which will not count in your spendable balance
No savings account, but you add up to 5 Reserves, which will not count in your spendable balance
Compare: Novo vs Axos Bank
Checking
No monthly fees; no balance requirements; $50 initial deposit to access all features
No monthly fees; no balance requirements; $50 initial deposit to access all features
Compare: Novo vs Discover Bank
APY
N/A
N/A
Customer Service
Monday - Friday 9 am - 6 pm EST
Monday - Friday 9 am - 6 pm EST
Minimum Deposit Required
$50 to access all Novo's features
$50 to access all Novo's features
ATMs
Unlimited reimbursement of all ATM fees worldwide
Unlimited reimbursement of all ATM fees worldwide
Balance Requirement
None
None
Locations
Online only
Online only
Compare: Novo vs Chase
| ||
 | | |
Novo | BlueVine | |
|---|---|---|
Benefits and Features | ||
| Savings | No savings account, but you add up to 5 Reserves, which will not count in your spendable balance | No savings account, but you earn interest on your checking balance |
| Checking | No monthly fees; no balance requirements; $50 initial deposit to access all features | No monthly fees; no balance requirements; no overdraft fees; 1.0% APY on balances up to $100,000 |
| APY | 1.0% APY on balances up to $100,000 | |
| Customer Service | Monday - Friday 9 am - 6 pm EST | |
| Minimum Deposit Required | $50 to access all Novo's features | |
| ATMs | Unlimited reimbursement of all ATM fees worldwide | |
| Balance Requirement | ||
| Locations | ||
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. | ||
Novo Alternatives
High Yield Savings
- 0.61% APY on balance < $25,000
- 0.25% APY on balance $25K-$100K
- 0.15% APY on balance > $100K
- No minimum balance requirements
- No fees to open or maintain account
- Free ATM card upon request
- FDIC Insured
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.
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