Bank Novo Review: Free Transfers

Apple Store Rating: 4.5 ★ ★ ★ ★ ☆
Google Store Rating: 4.6 ★ ★ ★ ★ ☆

In this Bank Novo review, learn how Novo provides free banking tools to small businesses, all within the Novo app. You can link your existing bank accounts, control your debit card, pay your bills, process ACH transfers, and deposit checks just by taking a photo. Novo is partnered with an FDIC-insured bank (Middlesex Federal Savings), giving small businesses the ability to easily open up a secure bank account to make payments, transfer money, and hold deposits. You’ll receive a Novo Mastercard Business Debit Card to pay for things around the world and use any ATM without fees from us. Send unlimited payments and paper checks for free.

Bank Novo Review:


  • 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


  • FREE

Other Paid Products:

Apple Store Rating: 4.5 ★ ★ ★ ★ ☆
Google Store Rating: 4.6 ★ ★ ★ ★ ☆