Novo Vs. Bluevine
Novo and Bluevine offer regulated debit cards & banking services to a huge number of businesses. How do they differ and which is the right one for your business?
General Details
Monthly Fee
$0
$0
Banking Partner
Middlesex Federal Savings, Member FDIC
The Bancorp Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$0
Mandatory first deposit
$50
$0
Overdraft Fees
$27
$0
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free + Full refund on ATM fees
Free on Monepass ATMs, $2.5 fee on out-of-network ATMs
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)
Incoming Wire $0
Outgoing Wire $15
Card
Novo Business Debit Mastercard
Bluevine Business Debit Mastercard
Sub Accounts
Up to 5 sub-accounts
Up to 5 sub-accounts
Cash Deposit
Available with a $4.95 fee per deposit
Saving Account
Saving account with 2.0% APY available for accounts who spend 500$ via debit or receive 2500$ monthly
Invoice Management
Integrations
Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more
Quickbooks,Xero,Square, Venmo, and Expensify.
Bottom Line
Why?
Novo is the winner of this comparison for its robust app stack next to a minimal fee offering. We recommend Novo’s use to Ecommerce, startups, and micro-businesses who wish to automate their operations.
Bluevine makes a suitable choice for a more traditional company that needs savings features, cash deposits, or real-paper checks.
Editorial Score
Winner!
Novo Vs. Bluevine
Novo and Bluevine offer regulated debit cards & banking services to a huge number of businesses. How do they differ and which is the right one for your business?
General Details
Monthly Fee
$0
$0
Banking Partner
Middlesex Federal Savings, Member FDIC
The Bancorp Bank, Member FDIC
Editorial Score
Card
Rating
Fees & Charges
Minimum Balance
$0
$0
Mandatory first deposit
$50
$0
Overdraft Fees
$27
$0
Early Account closing Fee
$0
$0
ATM Withdrawal fee
Free + Full refund on ATM fees
Free on Monepass ATMs, $2.5 fee on out-of-network ATMs
Features
ACH Transfers
Incoming ACH $0
Outgoing ACH $0
Incoming ACH $0
Outgoing ACH $0
Wire Transfers
Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)
Incoming Wire $0
Outgoing Wire $15
Card
Novo Business Debit Mastercard
Bluevine Business Debit Mastercard
Sub Accounts
Up to 5 sub-accounts
Up to 5 sub-accounts
Cash Deposit
Available with a $4.95 fee per deposit
Saving Account
Saving account with 2.0% APY available for accounts who spend 500$ via debit or receive 2500$ monthly
Invoice Management
Integrations
Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more
Quickbooks,Xero,Square, Venmo, and Expensify.
Bottom Line
We chose Novo as the winner of this comparison for its robust app stack next to a minimal fee offering. We recommend Novo’s use to Ecommerce, startups, and micro-businesses who wish to automate their operations. Second came Bluevine with a compelling minimal fee offering. Bluevine is a suitable choice for a more traditional company that needs savings features, cash deposits, or real-paper checks.