Save money and be informed. CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†
Novo

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
  • $50 deposit to unlock all features
  • ATM fee refunds up to $7 per month
Banking services provided by Middlesex Federal Savings F.A., Member FDIC

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
Banking services provided by Middlesex Federal Savings F.A., Member FDIC
Novo Trending Offers
YesterdayFree Business Checking selected by a visitor from California
10 days agoFree Business Checking selected by a visitor from Virginia
3/7/2024Novo selected by a visitor from California
Lili

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 approximately 40,000 locations
  • Automatic Savings
  • Get paid up to 2 days early
Banking services provided by Choice Financial Group, Member FDIC
Bluevine

Free 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
Banking services provided by Coastal Community Bank, Member FDIC
Axos Bank
Member FDIC

Rewards Checking - Up to 3.30% APY

  • Use the promo code AXOS300 when you apply for a Rewards Checking account by June 30th, 2024. Then have qualifying direct deposits to earn up to a $300 bonus!†
  • 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
Expires 6/30/2024
Lili

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

    Highlights

    Savings
    No savings account, but you add up to 20 Reserves
    Checking
    No monthly fees; no balance requirements
    Monthly Fee
    $0
    Compare: Novo vs Lili
    APY
    N/A
    Compare: Novo vs Relay
    Minimum Deposit to Open
    $50 to access all Novo's features
    Compare: Novo vs Found
    ACH Transfer Fee
    $0
    ATMs
    Up to $7 per month reimbursement of ATM fees worldwide
    Balance Requirement
    None
    Cash Deposit Fee
    N/A
    Customer Service
    Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
    Compare: Novo vs Chase
    Incoming Wire Transfer Fee
    $0
    Locations
    Online only
    Out of Network ATM Fee
    Up to $7 per month ATM fee reimbursement
    Outgoing Wire Transfer Fee
    N/A
    Overdraft Fee
    $0

    More Information

  • Pricing information from published website as of 04/10/2024.
  • 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.
 NovoBluevine
 Visit SiteVisit Site
 

Novo

Bluevine

 

Benefits and Features

SavingsNo savings account, but you add up to 20 ReservesNo savings account, but you add 5 free sub accounts
CheckingNo monthly fees; no balance requirements4.25% APY for Premier customers, 3.0% APY for Plus customers, 2.0% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard
Monthly Fee
$0
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
N/A
4.25% APY on balances up to $3M for Premier customers; 3.0% APY on balances up to $250,000 for Plus customers; 2.0% 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
$0
ACH Transfer Fee
$0
$0
ATMsUp to $7 per month reimbursement of ATM fees worldwide
38,000+ MoneyPass ATMs
Balance Requirement
None
None
Cash Deposit Fee
N/A
$4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs
Customer ServicePhone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm ESTPhone and email: Monday - Friday. 8 am to 8 pm EST
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Out of Network ATM FeeUp to $7 per month ATM fee reimbursement
$2.50
Outgoing Wire Transfer Fee
N/A
$15 ($12 for Plus; $7.50 for Premier)
Overdraft Fee
$0
$0
 Visit SiteVisit Site

Novo: Pricing information from published website as of 04/10/2024.


Novo Alternatives

Bluevine

Free Business Checking - Up to 2.0% APY

  • 2.0% APY on balances up to $250,000 for eligible customers
  • Unlimited transactions
  • 5 free subaccounts with unique account numbers
  • 2 free checkbooks per year
  • $0 monthly service fee
Banking services provided by Coastal Community Bank, Member FDIC
Lili

Free Checking Account for Sole Proprietors and Single-Member LLC

  • $0 monthly service fees
  • Automatic Savings
  • Free withdrawals at 38k ATMs
  • Get direct deposits up to 2 days earlier
  • No foreign transaction fees
Banking services provided by Choice Financial Group, Member FDIC
Axos Bank
Member FDIC

Basic Business Checking - Up to $400 Bonus

  • Business owners get up to $400 welcome bonus!*
  • Open a business checking account by June 30 and get up to $400 when you use promo code NEW400 on your application.*
  • No initial deposit requirement
  • No minimum balance requirement
  • No monthly maintenance fees
  • Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
  • Unlimited domestic ATM fee reimbursements
  • Unlimited item processing (debits, credits, and deposited items)
  • Cash deposits via MoneyPass and AllPoint networks
Expires 6/30/2024

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.

Recent Mentions

Best Business Bank Accounts for LLC

Best Business Bank Accounts for LLC

The best banks for LLCs have low fees and valuable perks to help your business grow. Here are the best business bank accounts for all types of LLCs.
Best Online Business Bank Accounts

Best Online Business Bank Accounts

Bank from your desk. Find the top 10 online business bank accounts that save time & money.
Best Business Checking Account

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

Best Bank for Small Business

Discover the top 10 banks for small businesses. Unlock your business' potential with the best bank
Best Free Checking Accounts for Small Businesses

Best Free Checking Accounts for Small Businesses

Avoid hidden fees. Determine the best free business checking account for your small business.
Add Your Comment



Save money and build wealth. Sign up to get our FREE email newsletter.

More Business Promotions

Bluevine

Bluevine

Free Business Checking - Up to 2.0% APY
Lili

Lili Promotions

Free Checking Account for Sole Proprietors and Single-Member LLC
Axos Bank
Member FDIC

Axos Bank

Rewards Checking - Up to 3.30% APY

Next Page:

About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.