Novo Reviews in June 2026: User Ratings, Pros & Cons

I love using Novo for my business…

I love using Novo for my business banking! Easy to use and my favorite part are the reserves.

I love Novo

I love Novo. It offers everything I need, is simple and user-friendly. Customer Service has been great, and I've had no issues since using it for 2 years.

Clean and simple process

Clean and simple process. No minimum balance is a plus

I am leaving novo.

I am leaving novo. I received a deposit for a small job and was unable to put it in the bank because it exceeded Novo's maximum deposit limit... what is this, a bank for ants?

Not the best bank for issues that need…

Not the best bank for issues that need to be resolved. Where's a number to call? I have a few clients that have not been able to connect with Quickbooks myself included for over a week now because of some weird update with Novo and me being a novo customer as well that referred them to novo...this is a little frustrating and doesn't make me look great on recommendations.

I'm in love with how the Reserves work…

I'm in love with how the Reserves work in Novo. I just set the percentages and every deposit gets distributed to their own little "bucket", even though they are all in the same account. Now I don't spend more than a few minutes every couple of weeks on my banking so I can concentrate on the rest of my business.

The invoice process was so easy to…

The invoice process was so easy to execute! I was thrilled with the ease in which it was to create an invoice, send and receive payment.

Great bank to do business

Date of experience: October 03, 2023

Novo has been our primary business…

Novo has been our primary business bank. My colleagues and subcontractors have also chosen Novo, which has made invoicing and payments quick and easy.

Great for profit first

I've been using Novo for several years, and I recommend it to all my business owner friends. It's especially great for those of us who use Profit First accounting.