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

No fees

No fees, no hassles, just free banking!

Excellent Customer Service at Novo

Customer service representatives at Novo respond quickly, thoughtfully and effectively. They get the job done, and they are courteous in the process.

It works

It works. Never had any money stolen. Yet.

Great company

Great company, great service.

Novo is extremely user friendly

Novo is extremely user friendly and convenient to use.

Novo is great for small businesses

I own my own business and spent several years with a traditional brick and mortar bank, but after switching to Novo, I am much happier as a customer. The transactions are straightforward and simple and all of the fees are completely transparent.

It works

It works. Never had any money stolen. Yet.

Novo is Great for a few months then leave.

If you’re a new business looking for your first banking accounts, novo is not a bad choice but their transparencies are not 100% visible. Once the honeymoon phase is over (first three months ish), Novo demonstrated poor business ethics and often seemed illegal. On several occasions they blamed network issues for delayed transactions to be cleared. I’ve had over 1000 instant transfers from PayPal or Venmo, never has an instant transfer needed to take 8 days. Pending transactions with ...

No fees

No fees, no hassles, just free banking!

User Friendly

I love how easy it is to use, the reserves are awesome to have, customer service exceptional. Thank you