Novo vs EverBank

Novo is a fee-free online business checking with lots of good features. How does it compare to EverBank? Read our comparison chart below.

	Novo	EverBank

	Visit Site	Learn More
	SPECIAL OFFER Free Business Checking - Learn More Read Novo Review	SPECIAL OFFER EverBank Performance℠ Savings - 4.75% APY - Learn More
	Benefits and Features
Savings	No savings account, but you add up to 20 Reserves	4.75% APY
CD		Up to 4.00% APY
Checking	No monthly fees; no balance requirements	0.40% APY
Monthly Fee	$0
Money Market		Up to 4.30% APY
APY	N/A
Minimum Deposit to Open	$50 to access all Novo's features
Mobile App		iOS & Android
ACH Transfer Fee	$0
ATMs	Up to $7 per month reimbursement of ATM fees worldwide	Nearly 100,000 fee-free ATMs
Balance Requirement	None
Cash Deposit Fee	N/A
Customer Service	Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST	Monday to Friday 8 am - 8 pm (ET); Saturday 9 am - 7 pm (ET)
Incoming Wire Transfer Fee	$0
IRA CD		N/A
IRA Money Market		N/A
Locations	Online only	9 financial centers
Out of Network ATM Fee	Up to $7 per month ATM fee reimbursement
Outgoing Wire Transfer Fee	N/A
Overdraft Fee	$0
	CreditDonkey® Reviews

Savings
Checking
Mobile App
Customer Service
Pros & Cons	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	Fee-free online business checking with lots of good features... Read full review
	Visit Site	Learn More
	Free Business Checking Spend $1500 with your Novo card within 90 days, and get $75 Free Business Checking	EverBank Performance℠ Savings - 4.75% APY EverBank Performance℠ Money Market - Up to 4.30% APY 1-Year CD - 4.00% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Novo: Pricing information from published website as of 09/27/2024. EverBank: Information sourced from the published website as of 12/12/2024.

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

Learn More

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Novo or Bluevine.