Free Checking Account
BENEFITS OF NOVO Vs TRADITIONAL BANKS
WITH NOVO BANK
- 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- Upsell you on only their own, out-of-date products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
