Novo vs Chase Business Complete Banking® - Up to $500 Bonus

Novo is a fee-free online business checking with lots of good features. How does it compare to Chase Business Up to $500 Bonus? Read our comparison chart below.

	Novo	Chase Business Complete Banking® - Up to $500 Bonus
		Member FDIC
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	SPECIAL OFFER Free Business Checking - Learn More Read Novo Review	SPECIAL OFFER Chase Business Up to $500 Bonus - Learn More Read Chase Business Up to $500 Bonus Review
	Summary
		Earn up to $500 when you open a new Chase Business Complete Checking^® account. For new Chase business checking customers with qualifying activities. Multiple ways to connect with Chase. Get personal attention paired with a large-scale presence, including more than 4,900 local branches and 15,400 ATMs. Plus, bank on your phone with the Chase Mobile^® app. Chase for Business guidance you can count on. Access business insights and tools to help you grow. Meet with our team of bankers or go to our online Resource Center to find helpful information. Chase Business Complete Checking does more for your business. Featuring multiple ways to pay and get paid, like built-in invoicing and card acceptance, Zelle^®, and Tap to Pay on iPhone, to help improve your cash flow. Waivable service fee. Multiple ways to waive the $15 Monthly Service Fee, like keeping a $2,000 minimum daily balance or making at least $2,000 in purchases per month with your Chase Ink^® Business credit card.
	Benefits and Features
Savings	No savings account, but you add up to 20 Reserves
Checking	No monthly fees; no balance requirements
Monthly Fee	$0	$15 with ways to waive
Minimum Deposit to Open	$50 to access all Novo's features	$0
Balance Requirement	None	None. $2,000 minimum daily ending balance to waive the monthly fee (but can be waived in other ways)
Cash Deposit Fee	N/A	No cash deposit processing fee for first $5,000 per statement period
Transaction Fees Per Month		Free electronic transactions; 20 free teller & paper transactions per month ($0.40/each after)
	CreditDonkey® Reviews

Savings
Checking
Mobile App
Customer Service
Minimum Deposit
Fees
Pros & Cons	Pros: No monthly fees ATM refunds up to $7 per month Lots of software integrations Cons: No cash deposits Can't send wires	Pros: $0 minimum deposit Built-in payment processing Free electronic transactions Cons: Requirements to waive monthly fee Only $5,000 in free cash deposits per month
Bottom Line	Fee-free online business checking with lots of good features... Read full review	Excellent account for small business owners that take credit card payments... Read full review
	Visit Site	Get Deal
	Free Business Checking
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Novo: Pricing information from published website as of 05/09/2025.

Free Business Checking

$0 monthly service fee
$50 deposit to unlock all features
ATM fee refunds up to $7 per month

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Learn More

Free Business Checking

$0 monthly service fee
ATM fee refunds up to $7 per month
Free ACHs, incoming wires, and mailed checks
Up to 20 Reserves to manage multiple budgets
Thousands of app integrations

Banking services provided by Middlesex Federal Savings F.A., Member FDIC

Learn More

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