Found vs Novo

Found is a free business banking app with good tax tools, but lacks some basic features. How does it compare to Novo? Read our comparison chart below.

Found is a business banking account for the self-employed. It keeps track of write-offs, auto saves for taxes, and even makes your quarterly tax payments for you. Plus, you get free unlimited invoices. There's no monthly fee.

While Novo offers all-in-one banking for digital businesses. It includes up to 20 Reserves, free unlimited invoicing, and over a thousand business app integrations. But there's no cash deposits. There is no monthly fee.

Compare Found with Novo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Found	Novo

	Visit Site	Visit Site
	SPECIAL OFFER Free Business Banking for the Self-Employed - Learn More Read Found Review	SPECIAL OFFER Free Business Checking - Learn More Read Novo Review
	Benefits and Features
Savings	Only includes a Tax Savings Account with auto-save feature	No savings account, but you add up to 20 Reserves
Checking	No monthly fees; no minimum balane fees; no overdraft fees	No monthly fees; no balance requirements
Monthly Fee	$0	$0
APY	N/A	N/A
Minimum Deposit to Open	$0	$50 to access all Novo's features
ACH Transfer Fee	$0	$0
ATMs	Any ATM that accepts Mastercard; No ATM fees from Found, but owner may charge a fee	Up to $7 per month reimbursement of ATM fees worldwide
Balance Requirement	$0	None
Cash Deposit Fee	$2	N/A
Customer Service	Monday – Friday 9am – 5pm PST	Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
Incoming Wire Transfer Fee	N/A	$0
Locations	Online only	Online only
Out of Network ATM Fee	Standard ATM fees charged by the owner	Up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee	N/A	N/A
Overdraft Fee	$0	$0
	CreditDonkey® Reviews

Savings
Minimum Deposit
Checking
Mobile App
Customer Service
Pros & Cons	Pros: No monthly fees Built-in tax tools Unlimited invoicing Cons: No free ATMs No APY with the free version Fee to deposit cash	Pros: No monthly fees ATM refunds up to $7 per month Lots of software integrations Cons: No cash deposits Can't send wires
Bottom Line	Free business banking app with good tax tools, but lacks some basic features... Read full review	Fee-free online business checking with lots of good features... Read full review
	Visit Site	Visit Site
	Free Business Banking for the Self-Employed Found Plus Business Banking	Free Business Checking Spend $1500 with your Novo card within 90 days, and get $75 Free Business Checking
Novo: Pricing information from published website as of 09/27/2024.

Free Business Banking for the Self-Employed

Banking, taxes, bookkeeping – all in one place
Automatically find tax write-offs and save for taxes
Track and categorize expenses with custom rules
Free unlimited custom invoices
Easy sign up; no credit check

Found is a financial technology company, not a bank. Business banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.

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Free Business Banking for the Self-Employed

$0 monthly service fees or minimums
Automatically find tax write-offs and track expenses
Auto-save for taxes
Photo receipt capture
Free unlimited custom invoices
Easy sign up; no credit check

Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The Found Mastercard® Debit Card is issued by Piermont Bank, Member FDIC.

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Found Plus Business Banking

$19.99/month or $149.99/year
Earn 1.5% APY on balances up to $20,000
Auto-import expense from receipt
Automatically find tax write-offs and track expenses
Pay taxes directly from the app
Free unlimited custom invoices
Custom bookkeeping categories
Priority customer support

Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The Found Mastercard® Debit Card is issued by Piermont Bank, Member FDIC

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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

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Spend $1500 with your Novo card within 90 days, and get $75

Get Deal

Expires 12/31/2024

$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

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Which is Better: Found or Novo?

Still need help deciding which business card is better? Read the in-depth reviews below. You may also be interested in comparing Found or Lili.

In short: Found's checking is impressive.

Articles on Found

Found Business Banking Review

Found Business Banking offers helpful tax and invoicing tools for self-employed people. But it lacks other basic features. Here's what you need to know.