Give your money a job
Reserves are sub-accounts inside your Novo checking account. Move money in whenever you like, or set a rule once and a share of every deposit flows in automatically.
Dashboard
Reserves
Add reserve- Taxes25% of all Deposits$9,200.00
- Payroll30% of all Deposits$7,500.00
- Profit5% of all Deposits$1,750.00
- New equipment10% of all Deposits$0.00
Set aside money. Sleep Better.
- New equipmentYou can create up to 20 Reserves$0.00
- New equipmentYou can create up to 20 Reserves$0.00
Set one up in a minute
Name it, fund it from your available balance, and it’s ready. Create up to 20 reserves, all inside one checking account.
- To your Taxes reserve$0.00
- Stays in Available Balance$2,000.00
Set a rule once
Choose a percentage and every deposit splits itself, with that share landing in the reserve before you’ve had a chance to spend it. Change the percentage or switch it off any time.
- Profit0%
- Owner's pay0%
- Taxes0%
- Operating expenses0%
A reserve for whatever’s next
Taxes, payroll, profit, or the espresso machine that will break at the worst moment. Start from scratch, or use the recommended bundle to create four reserves at once. You can pay bills straight from a reserve, too.
- Compounded daily, paid monthly
- Monthly fee$0
- Minimum balance to earn APY$0
Earn 2% APY on what you’re not using
Open a Novo Business Savings account alongside your reserves. There’s no monthly fee and no minimum balance, and interest is compounded daily and paid monthly.
In good company with 250,000+ businesses
Less busywork, more action
“I have to do very little honestly! I have Reserves set up in a way that allows me to check in once a week to make sure everything looks good, and then I send payroll.”
