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Novo vs Huntington Bank

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

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.

While Huntington has nearly 1,200 branches throughout the Midwest. It offers a few checking and savings options. Minimum requirements are high on interest-bearing accounts, though it has a free checking option. 14 or 19-month CDs have a great rate with $1,000 minimum opening deposit.

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

 Novo
Member FDIC
 Visit SiteLearn More
 

Novo

Huntington Bank

SPECIAL OFFER
Free Business Checking - Learn More

Read Novo Review

SPECIAL OFFER
Personal Checking Account - $600 Bonus - Learn More

Read Huntington Review

 

Benefits and Features

SavingsNo savings account, but you add up to 20 Reserves0.01% APY (Premier Savings). $4 monthly fee, unless you have 1) daily average balance of $300, or 2) linked to a Huntington Asterisk-Free Checking Account. Minimum deposit of $50.
CD 0.50% APY for amounts ranging from $1,000 to $99,999.99. Minimum deposit is $1,000.
CheckingNo monthly fees; no balance requirements
Monthly Fee
$0
 
Money Market 0.05% APY for amounts of $25,000 to $2,000,000. $25 monthly maintenance fee unless there is 1) average daily balance of $25,000, or 2) linked to a Huntington Perks or Huntington Platinum Perks Checking account.
APY
N/A
 
Minimum Deposit to Open$50 to access all Novo's features 
ACH Transfer Fee
$0
 
ATMsUp to $7 per month reimbursement of ATM fees worldwide
over 1,800 ATMs
Balance Requirement
None
 
Cash Deposit Fee
N/A
 
Customer ServicePhone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
24/7
Incoming Wire Transfer Fee
$0
 
Locations
Online only
More than 1,000 branches
Out of Network ATM FeeUp to $7 per month ATM fee reimbursement 
Outgoing Wire Transfer Fee
N/A
 
Overdraft Fee
$0
 
 

CreditDonkey® Reviews

 Novo
SavingsEmpty StarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarHalf StarEmpty Star
CheckingStarStarStarStarEmpty StarStarStarStarStarHalf Star
Mobile AppStarStarStarStarStarStarStarStarHalf StarEmpty Star
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarStar
CDStarStarStarStarEmpty Star
Money MarketStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • No monthly fees
  • ATM refunds up to $7 per month
  • Lots of software integrations
Cons:
  • No cash deposits
  • Can't send wires
Pros:
  • Free checking option
  • 24-Hour Grace
  • All day deposit
Cons:
  • Limited branches
  • Low savings APY
Bottom LineFee-free online business checking with lots of good features... Read full reviewMidwest bank with great account benefits and free checking option... Read full review
 Visit SiteLearn 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 09/27/2024.

Huntington: Pricing information from published website as of 11/15/2024 based on 43215 zip code.

Novo

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
Novo

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

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
Novo

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

Which is Better: Novo or Huntington?

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 mobile app is outstanding. Huntington's savings and customer service are noteworthy. In particular, the customer service is impressive.


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.

Articles on Huntington Bank

Huntington Bank Review

Huntington Bank provides great accounts benefits like free Overdraft Protection Transfers. Read on to see if this bank is right for you.

Huntington Bank Savings Account Interest Rates

Huntington Bank offers two savings accounts with low APY. Is it still worth it? Read on to find out.

Huntington Bank Problems

Huntington Bank could very well be one of the best regional banks, but it's not perfect. Find out what problems you may encounter with them.

Huntington Bank CD Rates

What's the Huntington Bank CD promotional rate? Read this review to find out if the APY is worth your time.

Huntington Bank Money Market Rates

Huntington Bank Relationship Money Market Account lets you earn interest on your savings. Find out if the APY is worth your time below.

Huntington Bank Hours

Huntington Bank is a full-service bank based in the Midwest. Find out when you can visit a local branch, drive-thru, or ATM near you.

Huntington Platinum Perks Checking

Earn $300 for opening a Huntington Platinum Perks Checking ℠ account with qualifying requirements. Find out how to take advantage of the huge cash bonus.

Huntington Perks Checking

Earn $200 for opening a Huntington Perks Checking ℠ account with qualifying requirements. Find out how to take advantage of the cash bonus promotion below.

Huntington Asterisk Free Checking

Huntington Bank is offering a $0 bonus when you open a new Asterisk-Free Checking® account with qualifying requirements. Find out how to take advantage of the promotion.

Huntington Bank Routing Number

You'll need the right routing number to transfer money in or out of your Huntington bank account. Learn which routing number you'll need for different transactions below.

Which Do You Think is Best?





Which Bank Account is Right for You?


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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.

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