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.
HOW WE STACK UP
See the difference
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Upsell you on only their own, out-of-date products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
How to apply
Get started in 3 simple steps
Apply for a Novo account online or from your phone.