Mercury vs Novo
 | ||
| Learn More | Visit Site | |
Mercury | Novo | |
|---|---|---|
Banking for Startups - | Free Business Checking - | |
Benefits and Features | ||
| Savings | 1 free savings account; more upon request | No savings account, but you add up to 20 Reserves |
| Checking | No monthly fees; no balance requirements | No monthly fees; no balance requirements |
| Monthly Fee | ||
| APY | ||
| 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 | |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST | |
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | Up to $7 per month ATM fee reimbursement | |
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
| ||
| Savings |  | |
| Checking |  | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Fee-free online business checking with lots of good features... | |
| Learn More | Visit Site | |
Novo: Pricing information from published website as of 09/27/2024. | ||
Free Business Checking
- $0 monthly service fee
- $50 deposit to unlock all features
- ATM fee refunds up to $7 per month
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
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.
Which Do You Think is Best?
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