Digital

Novo Business Checking

by Novo

Novo is a free business checking platform with a powerful app store of integrations. Designed for small businesses, freelancers, and entrepreneurs who want modern banking with no fees.

⭐ 4.5/5.0 (1,800 reviews)30+ integrations
Open Account →FDIC Insured
Monthly FeeFree
Free Transactions5,000/mo
Min. Opening DepositNone

Transfer Fees

Domestic Wire$25
International Wire$40
ACH TransferFree

Features

✓Mobile App
✓Mobile Deposit
✗Cash Deposits
✗Physical Branches
✓ACH Transfers
✓International Wires
✓Accounting Integrations
✓Sub-Accounts
✓Invoicing
✓Debit Card
✗Check Writing

Overview

Novo is a free business checking platform with a powerful app store of integrations. Designed for small businesses, freelancers, and entrepreneurs who want modern banking with no fees.

Why we like it

Best-in-class integration ecosystem with 30+ tools, plus built-in invoicing and reserve budgeting features.

Who Is This For?

Freelancers and e-commerce businesses

Standout Features

  • App Store Integrations
  • Built-in Invoicing
  • Reserves Budgeting
  • Novo Boost Cashback

Pros and Tradeoffs

Pros

  • No monthly fees
  • 30+ app integrations
  • Built-in invoicing
  • Reserve sub-accounts

Tradeoffs

  • No physical branches
  • No cash deposits
  • No interest on balances
  • Higher wire fees

Ratings

NerdWallet4.5/5.0
Total Reviews1,800

Key Integrations

QuickBooksXeroStripeShopifyHubSpotSlack

+ 24 more integrations available

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