Rating of 4.5
Overall Rating
The bottom line: Novo stands out with one of the best combinations of online bank perks with easy-to-use interface.
Best for: Small business owners who want free business checking account and prefer a bank that’s strictly online.
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Customer Experience
Novo’s easy-to-navigate platform and simplified product selections makes banking simple for business owners.
Ease of Use
Novo’s website and app interfaces are both very user friendly. Unlike some banks that have tedious, archaic systems, Novo’s platform is cutting e-edge and very easy to use.
Product Selection
While Novo only offers one product, business checking, this product’s features are top-notch.
Fees & Balance Requirements
Novo puts customers in the driver’s seat with no minimum balance requirements, no monthly service fees, and many additional no fee services.
Access & Availability
While you can’t visitbrick-and-mortar locations like traditional banks, you have access to a robust online platform and iOS /Android applications.