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

Very fair in returning fees from ATM's …

Very fair in returning fees from ATM's business tools are awesome also

Novo has been great

Novo has been great. They have an easy to use app and transferring money is a breeze.

My #1 Recommendation for Small Businesses!

I've been using Novo for my small business for two years now and I absolutely love it! It's clearly made with small businesses in mind, with no fees and very helpful tools. My favorite feature is the ability to set up "reserves" which are basically savings accounts. You can set it up to automatically put aside a certain percentage of debit transactions to an assigned reserve. This is especially great for taxes — I have it automatically set aside 30% of all income so the money is there when ...

Highly recommend.

My entire experience with Novo has been amazing. I’ve been using them for 5 years now. The app is simple and a few times in the onboarding process I needed to contact support they were quick and helpful. I honestly cannot say enough about them. If you’re managing a small business, this is a no-brainer.

Great business

Keeps business expenses separate is what it's all about with me the atm access is awesome great business account if you ask me

Love this bank as a small business…

Love this bank as a small business owner. They make everything so easy!

Great solution for my small business

Great solution for my small business. Easy to use and not loaded up with fees like the local banks. Highly recommended

Very streamed line banking simple and…

Very streamed line banking simple and straightforward perfect for my small business!

Simplicity is key

Love the fact that I did not need to have a large deposit to start the account compared to the larger banks. Also, I love being able to create an invoice easily to my clients to pay compared to larger banks.

A help when needed

Date of experience: November 29, 2023