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

Easy banking!

I have enjoyed using then for my business banking. Very easy and helps track budget. Mobile friendly.

A+ customer service

A+ customer service. You get to deal with people. Not something recited from a computer screen Excellent bank

Zero problems. That's a lot for a bank.

Never had any problems, a lot of great features, and really easy to sign up.

Novo is a great starter business bank

Novo is a great starter business bank. They have come a long way offering multiple options to meet your needs, invoicing system, transfers between accounts, and they have a new loan option that helps in the time of need for businesses that qualify. This was a good decision for us.

Here to stay

Been with Novo for some time after my original business banking institution abruptly closed. No issues, no complaints.. I'm here to stay!

I absolutely recommend Novo bank for…

I absolutely recommend Novo bank for SMB's looking for a great Online Banking solution. I learned about this solution during covid having a need for a no fee business checking account. Novo came to the rescue. I appreciate everything they do to make entrepreneurs lives easier!

Small Business Heroes

Novo Bank helped me get my new business up and going with just a few clicks. They even offered to give me a line of credit based on my deposits. They said I could use for purchasing equipment, paying bills or even just to have the spending money that day to day businesses often need.

Especially like the invoicing feature.

I have really enjoyed using Novo bank for my small business. I have been with them for tww and a half years now and have no complaints. I especially like the built-in invoicing included on the website and app. It makes it super convenient and quick to send out invoices with all the EFT info included.

Love having Novo!

Novo has been such an easy online bank to work with. Their interface is simple, modern, sleek , and easy to navigate!

Something BAD is going on at Novo

Something BAD is going on at Novo. I got a debit card that has stayed with me since I got it, and was only ever been used for recurring Google Domains purchases. One random evening, 7 fraudulent charges were made with that card back-to-back. After my fraud experience I googled "novo debit card fraud" only to find a review here who had the exact same experience- in their case, the card had never been used at all. The only thing I can surmise from this is that Novo is leaking debit card ...