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.
Free Business Checking
- $0 monthly service fee
- Unlimited ATM fee rebates
- Free ACHs, incoming wires, and mailed checks
- Up to 10 Reserves to manage multiple budgets
- Thousands of app integrations
Novo Boost (available for payments processed via Stripe)
- Get paid faster and speed up cash flow
- Access funds in hours instead of days
- Connect with 50+ tools to help grow your business
Compare Promotions
Business Checking - Up to 2.0% APY
- 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
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
Rewards Checking - Up to 3.30% APY
- Use the promo code RC100 when you apply for a Rewards Checking account by 4/12/2023. Then have qualifying direct deposit(s) to earn 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
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
Highlights
Savings
No savings account, but you add up to 10 Reserves
No savings account, but you add up to 10 Reserves
Compare: Novo vs Citibank
Checking
No monthly fees; no balance requirements
No monthly fees; no balance requirements
Compare: Novo vs Axos Bank
APY
N/A
N/A
Compare: Novo vs Bluevine
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 US Bank
Minimum Deposit to Open
$50 to access all Novo's features
$50 to access all Novo's features
Compare: Novo vs Lili
ACH Transfer Fee
$0
$0
Compare: Novo vs Relay
ATMs
Unlimited reimbursement of all ATM fees worldwide
Unlimited reimbursement of all ATM fees worldwide
Compare: Novo vs NorthOne
Balance Requirement
None
None
Compare: Novo vs Found
Cash Deposit Fee
N/A
N/A
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Compare: Novo vs Chase
Out of Network ATM Fee
Unlimited ATM fee rebates
Unlimited ATM fee rebates
Outgoing Wire Transfer Fee
N/A
N/A
Overdraft Fee
$27
$27
Monthly Fee
$0
$0
Compare: Novo vs Square
- 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
| | |
 | | |
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 | 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 | |
| ACH Transfer Fee | ||
| ATMs | Unlimited reimbursement of all ATM fees worldwide | |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
| | |
Novo
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
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
Basic Business Checking - $200 Bonus
- New business owners get a $200 welcome bonus!
- Zero monthly maintenance fees
- Unlimited Transactions
- Unlimited domestic ATM fee reimbursements
- $0 Minimum Opening Deposit requirement
- 2 Free Domestic Wires, monthly
- Cash Deposit capability via MoneyPass and AllPoint networks
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.
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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
Axos Bank
Rewards Checking - Up to 3.30% APY
Next Page: Novo Review
