Novo Promotions
Novo is currently offering two 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, atm refunds up to $7 per month, and lots of software integrations.
Free Business Checking
- $0 monthly service fee
- ATM fee refunds up to $7 per month
- Free ACHs, incoming wires, and mailed checks
- Up to 20 Reserves to manage multiple budgets
- Thousands of app integrations
Compare Promotions
Free Business Checking - Earn $300 Bonus
To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 12/31/2025 using the referral code CD300.
After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
- Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
Banking services provided by Coastal Community Bank, Member FDIC
Free Checking Account for Small Business Owners
- Sign up in 3 minutes; no credit check
- No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
- Automatic Savings
- Get paid up to 2 days early
Rewards Checking - Up to 3.30% APY
- Build your own APY with up to 3.30% APY*
- Zero monthly maintenance fees
- Zero overdraft or NSF fees
- Zero minimum monthly balance reqs
- No initial deposit requirement
- Unlimited domestic ATM fee reimbursements
- Online debit card management
- Simple, 3-step process for direct deposit
North One Free Business Banking - Up to 2.50% APY
- 2.50% APY on balances up to $250,000 for eligible customers
- Business banking for teams
- Automatic invoice ingestion and payments
- Sales and revenue analytics
- Unlimited account envelopes
- Close to 100 integrations
- Over $5000 in perks for new customers
- No monthly fees, no application fees, no minimum balance
North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
Free Business Checking - Up to 1.5% APY
- 1.5% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Highlights
Savings
No savings account, but you add up to 20 Reserves
No savings account, but you add up to 20 Reserves
Compare: Novo vs Relay
Checking
No monthly fees; no balance requirements
No monthly fees; no balance requirements
Compare: Novo vs Bluevine
Monthly Fee
$0
$0
Compare: Novo vs Lili
APY
N/A
N/A
Compare: Novo vs North One
Minimum Deposit to Open
$50 to access all Novo's features
$50 to access all Novo's features
Compare: Novo vs Found
ACH Transfer Fee
$0
$0
ATMs
up to $7 per month reimbursement of ATM fees worldwide
up to $7 per month reimbursement of ATM fees worldwide
Balance Requirement
None
None
Cash Deposit Fee
N/A
N/A
Customer Service
Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Compare: Novo vs Chase
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Compare: Novo vs Wells Fargo
Out of Network ATM Fee
up to $7 per month ATM fee reimbursement
up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee
N/A
N/A
Overdraft Fee
$0
$0
- Pricing information from published website as of 05/09/2025.
- 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.
More Information
| | |
| Visit Site | Visit Site | |
Novo | Bluevine | |
|---|---|---|
Benefits and Features | ||
| Savings | No savings account, but you add up to 20 Reserves | No savings account, but you add 5 free sub accounts |
| Checking | No monthly fees; no balance requirements | 3.7% APY for Premier customers, 2.7% APY for Plus customers, 1.5% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard |
| Monthly Fee | Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend) | |
| APY | 3.7% APY on balances up to $3M for Premier customers; 2.7% APY on balances up to $250,000 for Plus customers; 1.5% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements | |
| Minimum Deposit to Open | $50 to access all Novo's features | |
| ACH Transfer Fee | ||
| ATMs | up to $7 per month reimbursement of ATM fees worldwide | approximately 40,000 MoneyPass ATMs |
| Balance Requirement | ||
| Cash Deposit Fee | $4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs | |
| 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 |
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | up to $7 per month ATM fee reimbursement | |
| Outgoing Wire Transfer Fee | $15 ($12 for Plus; $7.50 for Premier) | |
| Overdraft Fee | ||
| Visit Site | Visit Site | |
Novo: Pricing information from published website as of 05/09/2025. | ||
Novo
Novo Alternatives
Free Business Checking - Up to 1.5% APY
- 1.5% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- Free unlimited invoicing and payment links
- 5 free subaccounts with unique account numbers
- 1 free checkbook for the life of the account
- $0 monthly service fee
Free Checking Account for Small Business Owners
- $0 monthly service fees
- $0 minimum opening deposit
- No minimum balance requirement
- No foreign exchange fee
- Get direct deposits up to 2 days earlier
Axos ONE - Earn up to 4.66% APY
- Earn up to 4.66% APY* on savings, and 0.51% APY* on checking when you meet requirements.
- Get your money up to 2 days early.
- No monthly maintenance, minimum balance, account opening, or overdraft fees.
Articles on Novo
Novo Review
Novo provides digital banking services for entrepreneurs and small businesses. Explore Novo's features, business perks, and fees in this review.
Is Novo Safe
Novo is a platform offering banking services for small businesses and freelancers. But is it safe and legit? Read on to find out.
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More Business Promotions
Bluevine
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Free Checking Account for Small Business Owners
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Rewards Checking - Up to 3.30% APY
Next Page: Novo Review
