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

One of the most rewarding experiences…

One of the most rewarding experiences were to open a business bank account and receive my business bank account debit card. All happened within a few days. I requested for a business bank account on a Saturday evening my account was confirmed opened on Monday within 48 hours then I received the business debit card within 5 days or so. It has been absolutely exciting to finally have one of my businesses with its own business account. Thank you for solidifying my business owner experience.

Very hard to logon without cell service

Very hard to logon if you do not have cell service, actually impossible sometimes. That makes it unreliable. Without cell service You cannot get the code required. Contacting them is difficult! Very. I thought this would be a good solution, although it took mountains to set it up because they could not get over some of their misinformation no matter how many times I gave them the correct information verified by the government. It is too much dealing I guess with computers and not enough ...

Great Banking

Awesome experience with Novo. Check them out well worth the look.

Loving Novo! Highly Recommended.

My former bank Azlo closed without a real explanation. I loved Azlo and was praying I could find a new online bank with similar features (or better). Novo made it easy for my business to transition seamlessly. So far so good!

Excellent online business banking

Excellent online business banking. Reliable and easy to use.

I love this...the Smooth Transition

I love this...the smooth transition from one account to another is sweet! The professional way I am treated and added features on app and site. This has been a great experience for my online business so far. Keep up the good work.

No customer service

No customer service, ended up closing my account after 3 weeks, every time you reach out (which you can only do via messages) it takes hours to get a response.

I'm pretty sure I've dodged a bullet.

I am/was in the process of setting up an independent Investment Adviser. My entity is formed, and I applied for their business checking account as Novo was was recommended for startups. I need to move my own investment capital into an account to pay for some compliance and legal consultants to help with my registration documents that need to be submitted to the State Securities Commission before getting cleared to do business. Pretty basic start up stuff, right? Wrong. Novo has now ...

Great bank for small businesses

Date of experience: May 14, 2021

Best online bank

I want every small business owner and regular person to know that Novo is the best online bank. I had opened an account originally with Radius now Lending Club and they were garbage. The only reason I started with Radius was so I can send invoices online via autobooks. Over a month and they haven't been able to resolve the issue. Radius customer services says it's autobooks and they say it's Radius. I even had Lending Clubs product lead John Marinelli (jmarinelli @ lendingclub.com) email me ...