Michael Torres
CPA, Former IRS Revenue Agent
Novo
Business banking for freelancers and small businesses with invoicing and reserves.
In This Article
Pros & Cons
Pros
- No fees
- Business-focused
- Integrations
Cons
- Limited to businesses
- No physical branches
Ad Space Available
Key Features
Ad Space Available
Ad Space Available
FAQs
Is Novo good for gig workers?
Great if you treat your gig work as a business.
Does Novo have fees?
No monthly fees; some transaction fees apply.
Is Novo free to use?
Novo offers various pricing options to accommodate different budgets and needs. We recommend reviewing current pricing on their website as it may change over time.
Similar Tools
Chime
FreeOnline bank with no fees, early direct deposit, and features for gig workers.
Lili
Free/$9/monthBusiness banking app designed specifically for freelancers and gig workers.
Current
FreeMobile banking with early direct deposit and points rewards.
Found
FreeAll-in-one banking for self-employed with automatic tax savings and bookkeeping.
How We Research & Review
Our team includes CPAs, former gig workers, and financial experts who personally test platforms and verify earnings claims. We follow strict editorial guidelines to ensure accuracy and objectivity.
Disclosure: Some links on this page may be affiliate links. We may earn a commission if you sign up through our links, at no extra cost to you. This doesn't affect our editorial independence. Learn more about our review process.
Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.