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Novo

Novo Promotions

Novo is currently offering three promotions. Read our in-depth review of Novo to see why Novo scored 3.3 stars out of 5. We like their no monthly fees, atm refunds up to $7 per month, and lots of software integrations.

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
$75

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

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
Bluevine

Free Business Checking - Earn $300 Bonus

To earn the $300 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 12/31/2024 using the referral code CD300.

After opening the account, customers must add funds within 30 days, then meet at least one of the following eligibility requirements every 30 days for the next 90 days from account funding:

  • Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
  • Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
  • Spend at least $2,000 with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®

Banking services provided by Coastal Community Bank, Member FDIC

Expires 12/31/2024
Lili

Free Checking Account for Small Business Owners

  • Sign up in 3 minutes; no credit check
  • No account fees - $0 monthly fee, overdraft fee, foreign transaction fee, or ATM fees at approximately 40,000 locations
  • Automatic Savings
  • Get paid up to 2 days early
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Axos Bank
Member FDIC

Basic Business Checking - Up to $400 Bonus

  • Business owners get up to $400 welcome bonus!* Open a business checking account by January 2 and get up to $400 when you use promo code NEW400 on your application.*
  • No initial deposit requirement
  • No minimum balance requirement
  • No monthly maintenance fees
  • Free domestic incoming wires. Two (2) outgoing domestic wire fees reimbursed per month.
  • Unlimited domestic ATM fee reimbursements
  • Unlimited item processing (debits, credits, and deposited items)
  • Cash deposits via MoneyPass and AllPoint networks
Expires 1/2/2025
North One

North One Free Business Banking

  • Business banking for teams
  • Automatic invoice ingestion and payments
  • Sales and revenue analytics
  • Unlimited account envelopes
  • Close to 100 integrations
  • Over $5000 in perks for new customers
  • No monthly fees, no application fees, no minimum balance

North One is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.

Bluevine

Free Business Checking - Up to 1.5% APY

  • 1.5% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
  • $0 minimum opening deposit
  • $0 monthly service fee
Banking services provided by Coastal Community Bank, Member FDIC

Novo Checking Bonus

    Highlights

    Savings
    No savings account, but you add up to 20 Reserves
    Compare: Novo vs Relay
    Checking
    No monthly fees; no balance requirements
    Monthly Fee
    $0
    Compare: Novo vs Lili
    APY
    N/A
    Minimum Deposit to Open
    $50 to access all Novo's features
    Compare: Novo vs Found
    ACH Transfer Fee
    $0
    ATMs
    Up to $7 per month reimbursement of ATM fees worldwide
    Balance Requirement
    None
    Cash Deposit Fee
    N/A
    Customer Service
    Phone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm EST
    Compare: Novo vs Chase
    Incoming Wire Transfer Fee
    $0
    Locations
    Online only
    Out of Network ATM Fee
    Up to $7 per month ATM fee reimbursement
    Outgoing Wire Transfer Fee
    N/A
    Overdraft Fee
    $0

    More Information

  • Pricing information from published website as of 09/27/2024.
  • For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
 NovoBluevine
 Visit SiteVisit Site
 

Novo

Bluevine

 

Benefits and Features

SavingsNo savings account, but you add up to 20 ReservesNo savings account, but you add 5 free sub accounts
CheckingNo monthly fees; no balance requirements4.25% APY for Premier customers, 3.0% APY for Plus customers, 1.5% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard
Monthly Fee
$0
Standard tier: $0 per month
Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend)
Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend)
APY
N/A
4.25% APY on balances up to $3M for Premier customers; 3.0% APY on balances up to $250,000 for Plus customers; 1.5% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements
Minimum Deposit to Open$50 to access all Novo's features
$0
ACH Transfer Fee
$0
$0
ATMsUp to $7 per month reimbursement of ATM fees worldwideapproximately 40,000 MoneyPass ATMs
Balance Requirement
None
None
Cash Deposit Fee
N/A
$4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs
Customer ServicePhone, email, or in-app messaging: Monday - Friday, 9 am - 6 pm ESTPhone and email: Monday - Friday. 8 am to 8 pm EST
Incoming Wire Transfer Fee
$0
$0
Locations
Online only
Online only
Out of Network ATM FeeUp to $7 per month ATM fee reimbursement
$2.50
Outgoing Wire Transfer Fee
N/A
$15 ($12 for Plus; $7.50 for Premier)
Overdraft Fee
$0
$0
 Visit SiteVisit Site

Novo: Pricing information from published website as of 09/27/2024.


Novo Alternatives

Bluevine

Free Business Checking - Up to 1.5% APY

  • 1.5% APY on balances up to $250,000 for eligible customers
  • Unlimited transactions
  • 5 free subaccounts with unique account numbers
  • 2 free checkbooks per year
  • $0 monthly service fee
Banking services provided by Coastal Community Bank, Member FDIC
Lili

Free Checking Account for Small Business Owners

  • $0 monthly service fees
  • $0 minimum opening deposit
  • No minimum balance requirement
  • No foreign exchange fee
  • Get direct deposits up to 2 days earlier
Lili is a financial technology company, not a bank. Banking services provided by Sunrise Banks N.A., Member FDIC
Axos Bank
Member FDIC

Business Premium Savings - Up to 4.01% APY

  • Unlock a bonus up to $375 with Business Premium Savings. Save more, pay lower fees, and get a limited-time bonus up to $375 with a 4.01% APY* Business Premium Savings account. Use promo code BPS375.†
  • Earn 4.01% APY* With Business Premium Savings
  • Free domestic and international incoming wires
  • No monthly maintenance fee
  • No minimum opening deposit
  • No average daily balance requirement
  • Business deposit accounts FDIC insured up to $250k

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.

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More Business Promotions

Bluevine

Bluevine

Free Business Checking - Earn $300 Bonus
Lili

Lili Promotions

Free Checking Account for Small Business Owners
Axos Bank
Member FDIC

Axos Bank

Rewards Checking - Up to 3.30% APY

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About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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