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

So far so good!

So far so good! A solid and easy banking experience. One thing I wish I could have is a separate savings account but they do have something "similar". Have been using them for a few years now and very happy with no issues.

Novo has been a stress free hasle free…

Novo has been a stress free hasle free banking experience for my small business. 10/10 for me.

Great banking platform

I love how simple, easy and helpful Novo has been for my business banking. Recently they implemented a feature which allows me to automatically allocate a percentage of my revenue to a reserve account. I really appreciate this new option because it's one less step that I have to do manually.

Simple--in a good way.

Novo has been a fairly hassle-free way to manage my business income. It's just me trying to do the day-to-day grind and Novo is simple but provides all the things I need.

I love Novo for my small business

I love Novo for my small business! I love that there are no fees, I can invoice right from the app, I can put money in reserves (to separate out different pots of money visually), customer service is great. I rarely need to send checks but if I do, I just put the info in and Novo sends it for me for free (they don't even charge for the stamp). I've had a great experience so far! Highly recommend!

Have loved every bit of the app

Date of experience: November 30, 2023

Great customer service

Customer service is great.

Free invoices, great bank, lots of options and no fees

What a fantastic experience I’ve with Novo! I can’t simply recommend enough. Everything is smooth and online request are resolved with in hours!

I have been using Novo bank for several…

I have been using Novo bank for several years. Low cost business banking. I have also used it to withdraw cash outside of the US, a little hit or miss, so carry a back up, but if it does allow you to withdraw cash there are no atm fees. Online bill payment is available, but send check payments out a couple of weeks in advance.

No fee

No fee. Thank you