As Featured In
Free business checking account in the palm of your hand
Easy Transfers
Easy Transfers
Free ACH transfers, mailed checks, and incoming wires
Apply In Minutes
Apply In Minutes
Novo users apply in under 10 minutes
No Hidden Fees
No Hidden Fees
Don't be surprised by a fee again – see for yourself
FDIC Insurance
FDIC Insurance
Insured through Middlesex Federal Savings
Online Banking
Online Banking
Banking at your fingertips anywhere, anytime
Powerful banking that gives your business an edge
Thousands of business owners helped us build the best banking experience in the United States.
Bank Novo
  • Backed with FDIC insurance*
  • No hidden fees
  • No monthly fees or minimum balance requirements
  • Simple, easy-to-use mobile apps
  • Apply in under 10 minutes
  • Human-powered customer service
  • Free transfers, mailed checks, and incoming wires
  • Integrates with other small business tools
  • Refunds all ATM fees
  • Thousands of dollars in exclusive perks
Traditional Business Bank Accounts
  • Backed with FDIC insurance
  • Hide monthly or usage fees in the fine print
  • Charge up to $20 per month in fees
  • Difficult and clunky mobile apps
  • Can take weeks to open an account
  • Chatbots and automated phone support
  • Charge $3 per transfer and up to $25 for incoming wires
  • Upsell you on only their own, out-of-date products
  • Charge you $3 to use out-of-network ATMs
  • Charge you to use their products
Actual Novo Customers
Small business owners, entrepreneurs, and freelancers
We support all US-based businesses, from US citizens to foreign founders, from LLCs to sole proprietors.
Hear it from our customers
Great concept for small businesses!
by Holacomoesta1234, App Store Review
I recently joined Novo and it has been nothing but convenient! The application process was a breeze and my account was quickly opened. Being able to handle my small business finances from the comfort of home through my phone has been great! Their app is also user friendly to the point where they make banking fun!
by CB Photo-Grl, App Store Review
Great bank for business banking! Support has always answered me within a matter of hours, sometimes minutes!
Best Bank for Entrepreneurs and Startups
by MTsigounis, App Store Review
I have been banking with Novo for almost a year now. We do overseas transactions and will be doing high volume transactions. What I can say is that these guys get startups. When I need someone they are on thee ball. Because of their size you have a personal relationship rather than a faceless automated system.
Business Tools
Connect your business tools
Seamlessly connect with tools for small businesses.
How to apply
Get started in 3 simple steps
Apply for a Novo account online or from your phone.
Personal Info
Tell us about yourself
Business Info
Tell us about your business
Novo Account
Get your Novo Account
How we Protect you
Your data and money are safe and secure
FDIC Insurance
FDIC Insurance

Your deposits are insured up to $250,000 through our partner bank, Middlesex Federal Savings, Member FDIC.

Card Protection
EMV Chip

Your Novo debit card is protected by Mastercard EMV technology, making it virtually impossible to counterfeit.

Bulletproof Security
Bulletproof Security

Our dedicated security teams and bank-grade encryption ensures that your information remains safe 24/7.

How we can help
Resources built for you
Insights to help your business grow.
7 Reasons Bank Novo Is Your Best Bet for Small Business Banking
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5 Best Practices for Improving Customer Success for Small Businesses
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