# Novo pricing (2026): plans, cost, and compliance

**Entry price:** $0 (free)/mo (Novo Business Checking). Among the 8 business bank accounts we track it is the cheapest; median entry $0/mo.
**Domain:** novo.co
**Free tier:** Yes
**Compliance:** HIPAA Not published · SOC 2 Not published · GDPR Not published
**Integrations:** Stripe, QuickBooks, Square, Etsy, Amazon
**Best for:** Freelancers and independent contractors; Self-employed professionals; Consultants; Small businesses wanting zero-fee banking; E-commerce sellers on Etsy and Amazon

## Plans

| Plan | Monthly | Annual | Billing | Notes | Source |
| --- | --- | --- | --- | --- | --- |
| Novo Business Checking | $0 | — | flat | Single free plan only. No minimum balance. No overdraft fees. ATM fee refunds (up to $7/month). Free ACH transfers. Free invoicing suite. NSF/returned-item fee: $27. No paid tiers published. | novo.co |

**Key features:** No monthly fees, no minimum balance, no overdraft fees; Free ACH transfers with express availability option; AI-powered bookkeeping with automatic transaction categorization; Free invoicing suite with automated payment reminders; Reserves feature for automated budgeting and savings goals; Virtual and physical debit cards with fraud monitoring; Free incoming wire acceptance; Business credit card with rewards; ATM fee reimbursements up to $7/month; Partner perks program with discounts on business tools.

**Plan limits:** FDIC insurance up to $250,000 (via Middlesex Federal Savings, F.A.); ATM fee reimbursements capped at $7/month; NSF/returned-item fee: $27; Domestic wire transfers in beta at time of review; No paid tiers — single plan only.

Sources: 1 · Last verified 2026-06-14
Provenance: Official site novo.co and novo.co/business-checking confirmed single free plan with no paid tiers. Corroborated by airwallex.com/us/blog/novo-business-banking-review and nav.com/business-checking/novo-business-banking/.
Canonical: https://frontdeskreview.com/software/business-bank-accounts/novo/
Cite: Per The Front Desk Review, Novo's entry plan was $0 (free)/mo as of 2026-06-14 — https://frontdeskreview.com/software/business-bank-accounts/novo/
License: CC BY 4.0. Price history: https://frontdeskreview.com/data/price-history.jsonl