Free business checking

Open a business checking account with no monthly maintenance fee, no minimum balance requirement, and $0 standard ACH transfers.

Open account

See the cost and terms for common Novo Business Checking features.

Cost

Details

Monthly maintenance fee

$0

No monthly maintenance fee or waiver requirement

Minimum balance

None

No minimum balance requirement

Standard ACH

$0

Express ACH is optional and carries a fee shown before sending

ATM fees

$0 from Novo

Eligible third party ATM fees are reimbursed up to $7 per month, subject to current terms

Optional services

Free

Get invoicing, bookkeeping, reserve accounts all at no additional charge — no hidden fees.

Novo Business Checking has no monthly maintenance fee and no minimum balance requirement. Optional services can carry a fee shown before use. For any service Novo uses that involves a third party to facilitate the transaction, a fee from the provider may be presented if the service provider charges a fee — for example, international or domestic wires. Any such fees, limits, and availability are presented prior to initiating a transaction.

Yes. Standard ACH transfers are free. Express ACH is optional and carries a fee shown before you send.

Novo does not charge an ATM fee and reimburses third party ATM fees up to $7 per customer each month, subject to current terms.

Novo Business Checking has no minimum balance requirement. Account approval remains subject to eligibility and verification.

Novo Platform Inc. ("Novo") is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A., Member FDIC. Eligibility subject to final Novo determination.

Optional services and outgoing wires may carry fees. Review the current Novo fee schedule for complete terms.