Limitless month-to-month transactions: You’ll be able to deposit and withdraw cash out of your Novo account as usually as you need with out worry of working into transaction limits or paying a per-transaction price. If your corporation has a excessive month-to-month transaction quantity, there is not any overstating the significance of this perk.
No month-to-month upkeep charges: Novo is likely one of the few enterprise checking accounts that does not cost month-to-month upkeep charges, no matter your stability. In truth, it hardly costs any charges in any respect. So long as you do not overdraw your account, you do not have to fret about paying something to make use of Novo.
Limitless ATM reimbursements: Novo does not preserve its personal ATM community or accomplice with a nationwide ATM community like Allpoint. However that does not matter, as a result of Novo reimburses you for any ATM charges the machine proprietor costs you. You are free to make use of no matter ATM is most handy for you with out getting slapped with charges.
Consumer-friendly on-line and cellular banking instruments: Novo is a web based bank, so it locations a powerful emphasis on its on-line and cellular banking instruments. You’ll be able to switch funds, view transaction histories, pay payments, arrange account alerts, deposit checks, and combine your Novo account with different enterprise software program you already use.
Integrates with enterprise and fee companies: Novo lets you combine your corporation checking account with Xero account software program, Slack, Zapier, and TransferWise, with extra integrations coming quickly. You can too use your Novo debit card with Apple Pay or Google Pay if you happen to do not wish to carry your card round with you.
Rating reductions on standard enterprise software program: Novo members get reductions on standard enterprise companies, together with cloud storage, buyer relationship administration (CRM) software program, and fee processing software program. Test Novo’s web site for a full checklist of accessible reductions.