Novo Promotions

Novo is currently offering one promotion. 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.

Compare Promotions

Business Checking - Up to 1.5% APY

• 1.5% APY on your balance up to $100,000 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
• $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

Member FDIC

Rewards Checking - Up to 1.25% APY

Get Deal

• $100 Promo with Code "RC100"
• Up to 1.25% APY
• Zero monthly maintenance fees
• Zero overdraft or NSF fees
• Zero minimum monthly balance reqs
• Unlimited domestic ATM fee reimbursements
• Zero Minimum Balance Requirement
• Only $50 to open an account

• Overview
• Compared to Bluevine
In-Depth Review

Highlights

Savings
No savings account, but you add up to 5 Reserves
Compare: Novo vs Citibank
Checking
No monthly fees; no balance requirements
Read: Free Personal Checking Accounts
Compare: Novo vs Bluevine
APY
N/A
Compare: Novo vs Lili
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 Relay
ACH Transfer Fee
$0
ATMs
Unlimited reimbursement of all ATM fees worldwide
Compare: Novo vs Discover Bank
Balance Requirement
None
Compare: Novo vs NorthOne
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effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you.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 5 Reserves	No savings account, but you add 5 free sub accounts
Checking	No monthly fees; no balance requirements	Up to 1.5% APY. No monthly fees; no balance requirements; no overdraft fees
APY	N/A	1.5% APY on balances up to $100,000 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

• 1.5% APY on your balance up to $100,000 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

Member FDIC

High Yield Savings - Up to 0.61% APY

Learn More

• 0.61% APY on balance < $25,000
• 0.25% APY on balance $25K-$100K
• 0.15% APY on balance > $100K
• No monthly maintenance fees
• No minimum balance requirements
• $250 minimum opening deposit
• Free incoming wires
• Zero minimum balance requirement

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.

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.

Recent Mentions

Best Business Checking Account

Cut banking costs and keep more money in your business. Here are the best business checking accounts (#1 is free).

Best Bank for Small Business

The right bank account can make or break your business. Narrow down your options and find the best business bank account with this guide.

Best Free Checking Accounts for Small Businesses

Hidden fees can pile up. Don't let your checking account be part of the problem. Find out which small business friendly bank account is good for you.

More Business Promotions

Bluevine

Business Checking - Up to 1.5% APY

Member FDIC

Axos Bank

Rewards Checking - Up to 1.25% APY