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
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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. Get added features at no additional costs. Choose Chase Business Complete Banking^® to get a fully integrated business solution that can help you control costs. Waive the $15 Monthly Service Fee in multiple ways like keeping a minimum $2,000 balance, plus use built-in offerings such as card acceptance, invoicing, Chase Customer Insights and Tap to Pay on iPhone at no additional cost. Bank with confidence. Feel confident knowing we have the largest branch network in the U.S. with 5,000 branches that provide personalized service and can help with your complex banking needs. You can also benefit from our account protection services, which provide safeguards by overseeing employee account activity, monitoring checks, and offering additional protection for your business. Access top-rated online business banking. Take advantage of our #1-ranked online small business banking platform with a comprehensive set of features designed for small business owners like you. Our tools enhance your ability to manage cash flow, accept and make payments, create invoices and plan for growth, so you can streamline processes and gain greater control of your finances.
	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 No interest-bearing accounts	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
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	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 09/27/2025.