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

Perfect bank for freelancers, solopreneurs and small business

I never thought I could love a bank, yet here I am, loving you, Novo. My single member LLC has been a customer for 2 years, and initially I was nervous to have an online only bank, but that's turned out to be a non-issue. Not having fees for anything is a game changer when you're a business of one. All of my company's income is on a project basis (we represent photographers and directors), and since we pay a lot of crew for every project it's a game changer that we're not charged for ACH/ ...

Best bank for small business!

No fees and and a powerful app!

No issues almost two years we’ve used

Date of experience: November 30, 2023

Novo is a great business banking…

Novo is a great business banking solution for me and my two small businesses. They're super convenient and accessible. I love their connections to various services, their app, their virtual cards, and offered products. Keep up the great work, Team Novo!

The best choice I’ve made

I was leery at first about signing up for Novo, but have been a customer for about two years and have been met with nothing but satisfaction. They are constantly taking in feedback and actively listening to customers for ways to improve, they add new integrations, and it’s a no nonsense kind of experience. Really easy features to keep control of your money.

Novo was the best online banking and amazing

My experience with novo was amazing. it's was best amazing online banking

Just like the big boys but better....no fees!!

I have had my business account with NOVO for about 2 yrs now. They are GREAT and I do mean GREAT....no fees (that's a biggie for me) and great service. All the same features of the big boys without the big boy costs....I will NOT be changing I am sticking with NOVO!!

Very easy to deal with.

Very easy to deal with. Called the customer department on few occasions and the issues were resolved quickly. Definitely recommend.

Perfect Bank for Freelancers

When my original small business bank randomly went out of business, I was really upset and worried. Thankfully, someone recommended Novo and it’s been such a great experience! I haven’t had any issues, I love the “reserves” option to help me set aside money for taxes and savings for my small business and they’re always super helpful whenever I reach out. If you’re a soloprenuer or freelancer, I would highly recommend.

Excellent for small businesses and…

Excellent for small businesses and free, really free. Great for invoicing and all kinds of things. The only issue, and for me it's not a big issue, is a zelle-type feature. It takes too long to send money.