Novo review

Updated September 28, 2026 · ForgeCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Novo suits small businesses that want a free business checking account with no monthly commitment, and it rates 9.9 overall. Support runs through a help centre only, so anyone needing a phone line should weigh Vantage, which starts at $30.

Key facts

Best for
Small businesses wanting a free business checking plan and no monthly fee to start.
Price from
$0 (Source, checked September 26, 2026)
Free plan
Yes (Source, checked September 26, 2026)
Usage limits
Free business checking (Source, checked September 26, 2026)
Legal entity
Novo Platform Inc. (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Founded
2018 (Source, checked September 26, 2026)
Support channels
Help-centre (Source, checked September 26, 2026)
Audience
Small business
Pricing model
Free plan
Official website
novo.co

Apps and profiles

Get the app
App Store
Elsewhere
LinkedIn

Pros and cons

Pros

  • Business checking starts at $0, and a free plan exists, while Vantage starts at $30 and myGreekTax at €69.
  • Novo holds the top spot on price from among 307 brands ranked, with 1.
  • The free plan model suits owners who want to test the account before paying anything, and 63.3% shows how common that approach is in this group.
  • Built for small business customers, which matches the 86.7% skew across this ranking.

Cons

  • Support runs on help centre only, so there is no phone or live chat line for problems that need a person on the line.
  • The entry price of $0 leaves no paid tier to anchor against, so a growing business has nothing listed to upgrade to.
  • The product is business checking rather than an SEO toolkit, so anyone shopping for search tooling should look at a dedicated option.
  • Vantage, myGreekTax and NAVER WORKS all sit in markets outside the US, and the US base keeps Novo focused there.
Novo

Ready to try Novo?

Scored 8.9 / 10 by ForgeCue.

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Who it suits

  • Small-business owners who want a business checking account at no cost to begin
  • Anyone who wants a US-based provider with a simple free plan rather than a trial
  • Solo operators who are comfortable reading a help centre instead of calling support

Who should look elsewhere

  • Buyers who need phone or chat support, because support runs on help centre only
  • Teams in markets outside the US, given the US base
  • Anyone shopping for SEO or marketing tooling rather than banking

Intro and renewal prices

Business checking starts at $0, so the entry point sits at the floor of the range rather than above it. A free plan is available, and the account is priced on a free plan model rather than a timed trial, which matters for owners who do not want a clock running on their account. For context, the brands ranked on price from reach a typical entry price of €25.43, with the middle band running €15.44 to €48.49 and the widest prices spanning €0 to €876.09. Across the whole comparison, the typical starting price is €13.15, with an upper quartile of €29. On entry price alone, Novo leads the field, holding position 1 of 307 ranked, and the cost part of the score stands at 9.9. For anyone cross-shopping, Vantage begins at $30, myGreekTax at €69 and NAVER WORKS at KRW 4,000. What the plan covers is simple: Free business checking.

The company behind it

Novo is run by Novo Platform Inc., which was founded in 2018. Its headquarters sit in the US, so accounts, products and support hours are shaped around that market. Help is delivered through a help centre channel, which puts written guidance in one place rather than spreading support across phone, chat and email. That concentration makes questions easy to look up and harder to escalate by voice. The company's positioning is aimed at small business customers, which is the group most represented among the brands in this ranking, at 86.7%.

How Novo compares

Where Novo is available

Available
United States

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much does Novo business checking cost to start?+

Business checking starts at $0, and a free plan is available alongside it. The account is priced on a free plan model rather than a timed trial, so nothing is charged simply to hold the account open. A typical entry price across the brands ranked on this measure is €25.43, which puts Novo at the bottom of the range.

Does Novo have a free plan, and is it a trial or a standing plan?+

A free plan is offered, and it is built as a free plan model rather than a time-limited trial. Trials in this group typically run a median of 14, with the shortest at 7. Novo's approach avoids that clock, which suits owners who want to keep an account without chasing a renewal date.

Who is Novo built for?+

Novo targets small business customers, which is the largest audience slice among the brands in this ranking at 86.7%. Owners just starting a business, or those who keep a separate account for company money, sit closest to that description. Teams in other markets are not the focus, given the US headquarters.

How does Novo support work if something goes wrong?+

Support runs on help centre, so answers are written up for you to read rather than delivered over a call or a live chat window. That suits anyone comfortable searching for a documented answer. Anyone who needs a person on the line should look at an alternative that lists other support channels before signing up.

Which company runs Novo, and where is it based?+

The service is operated by Novo Platform Inc., which was founded in 2018 and is headquartered in the US. Because the base is in the US, the account and its support hours are set around that market. Owners elsewhere should check availability before relying on the plan.

How does Novo compare with Vantage on price?+

Novo's business checking starts at $0, while Vantage starts at $30. Across all brands ranked on price from, the median entry price is €25.43 and the range runs €0 to €876.09. Novo holds position 1 of 307 on that measure.

What does the Novo plan actually include?+

The included offer is Free business checking, and the account is available on a free plan as well as the entry tier. The free plan is a standing plan rather than a trial, so there is no introductory countdown to manage. A business can open an account, use it, and decide later whether to pay.

Is Novo regulated or covered by a protection scheme?+

The provider is Novo Platform Inc., based in the US, and no regulator or protection scheme is listed for it. Anyone who depends on a named protection scheme should check the terms directly before depositing funds. That is worth doing regardless of the entry price.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Novo

Novo

Small businesses wanting a free business checking plan and no monthly fee to start.

8.9/10Visit

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