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Novo Business Checking

Novo Business Checking pricing

Fees for Novo Business Checking, each with its source and the date we checked it. The source is the bank's own site, fee schedule or account agreement unless it says otherwise.

Account tiers

Account tiers
PlanPriceBilled perNotes
Novo Business Checking$0/monthNovo (opens in a new tab) · Vendor website · accountOne checking account, no tiers. The account agreement says there is no minimum balance or monthly maintenance charge.

Fees

Fees
FeeAmountApplies to
Outgoing domestic wire (maximum)$45 one-timeNovo (opens in a new tab) · Vendor website · per accountOnly when you send a domestic wire; the Fee Schedule says up to $45 and the help center up to $30. Incoming wires are free.
Express ACH transfer1.5%Novo (opens in a new tab) · Vendor website · per transactionOnly if you choose Express ACH; minimum $0.50 and maximum $20 per transfer. Standard ACH is $0.
Express Check Deposit (maximum)2%Novo (opens in a new tab) · Vendor website · per transactionOnly if you choose faster availability for a mobile check deposit; up to 2% of the check, minimum $0.50.
Account closure$0 one-timeNovo (opens in a new tab) · Vendor website · per account

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