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

Revolutionize your business banking with Novo.

4.22

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Novo Reviews & Ratings

4.22

Very Good

Based on 3861 ratings & 3861 reviews

Rating Distribution

Excellent

(2930)

Very Good

(154)

Good

(71)

Poor

(103)

Terible

(603)

Novo pros and cons

  • Reviewers describe Novo as simple, fee-free banking that is easy to use for small businesses.

  • The interface is consistently called clean, intuitive and easy to read.

  • Integrations with tools like QuickBooks, Square, ACH transfers and invoicing are valued.

  • Customer service and support are frequently praised as helpful and responsive.

  • Some reviewers cite low transaction limits as a constraint for higher-volume payments.

  • One user wanted a single login to manage several accounts.

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Showing 1901-1910 out of 3861

NS

Noa Szefler

04/18/23

5 out of 5

Novo is a great bank for my business

Novo is a great bank for my business! Always had my questions answered by caring staff and never had any issues. I have recommended them to friends and they have also been satisfied.

AT

A Thorn

04/18/23

5 out of 5

Awesome

Awesome. Simple.

SB

Stacy Brown

04/18/23

1 out of 5

$4,783 Stolen from my NOVO account- Still out the $$

UPDATE on 7/17/23- I gave you the name of my company and have not heard from you. I just got off the phone with the merchant's credit card processing company and was told the funds are being held and that my bank NOVO/Middlesex Fed needs to issue a chargeback and the funds will be returned to me. This is what most banks do, so why are we now well over 70 days into this with nothing but "we have 120 days to complete our investigation"? I would like all of the funds that were stolen out of my ...

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GP

Glen Providence

04/17/23

1 out of 5

I had novo for the past couple years…

I had novo for the past couple years and have been very pleased with them. That all changed over the past couple weeks when I didn’t receive an updated debit card for one that was expiring. When I did, I just learned that there is a new daily transaction limit of $500. How can someone run a business where you can only use your card for $500 a day. What’s worse is they should’ve communicated that when they issued a new debit card. Moving my money out of there today.

DT

DW Tax Prep

04/17/23

5 out of 5

Dedicated Customer for Sure!

As someone who has been banking with Novo for some time now, I can confidently say that my banking and financial needs have become incredibly streamlined and stress-free. The services and support provided by Novo are simply top-notch. One of the things I love about banking with Novo is how easy and intuitive the platform is to use. I can access my account, view my transactions, and transfer money all from my smartphone, which is incredibly convenient. The mobile app is user-friendly and ...

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JV

Josue Vega

04/17/23

5 out of 5

Systems and procedures are easy to use

Systems and procedures are easy to use! Overall online experience is awesome

NC

Nelson C

04/17/23

5 out of 5

Just the way that I could navigate…

Just the way that I could navigate through out the app and on website makes it easy for me to find information and get everyday things done.

JS

Jeff Shield

04/17/23

5 out of 5

Nothing short of a great experience…

Nothing short of a great experience banking with Novo!

C

Coral

04/17/23

5 out of 5

Business expansion

Growing in the business with tools provided by Novo funding without the hassle of going Into a Branch instant approval.

MC

Matthew Christian

04/16/23

5 out of 5

Been banking with them over a year now

Been banking with them over a year now, good customer service, quick and easy app features, straightforward banking it’s great for a modern business

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].