Novo vs GO2bank
Novo is a fee-free online business checking with lots of good features. How does it compare to GO2bank? Read our comparison chart below.
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Visit Site | Learn More | |
Novo | GO2bank | |
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Free Business Checking - | Referral Program - Up to $1,500 Bonus - | |
Benefits and Features | ||
Savings | No savings account, but you add up to 20 Reserves | 1% APY on savings, paid quarterly on balances up to $5,000 |
Checking | No monthly fees; no balance requirements | No monthly fees with eligible direct deposit (otherwise $5 per month) |
Monthly Fee | $0/mo with eligible direct deposit (otherwise $5 per month) | |
APY | ||
Minimum Deposit to Open | $50 to access all Novo's features | |
Mobile App | ||
ACH Transfer Fee | ||
ATMs | Up to $7 per month reimbursement of ATM fees worldwide | Over 55,000 fee-free AllPoint ATMs |
Balance Requirement | ||
Cash Deposit Fee | ||
Customer Service | Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST | Mon - Sun 5am - 9pm PST, phone and live chat |
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 | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
| Pros:
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Bottom Line | Fee-free online business checking with lots of good features... | Solid mobile bank with interest and good benefits, but beware of some fees... |
Visit Site | Learn More | |
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 07/11/2024. GO2bank: Information sourced from the published website as of 07/26/2024. |
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
Which is Better: Novo or GO2bank?
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.
In short: Novo's customer service is notable. GO2bank's savings is notable.