Novo Vs. Found

When it comes to choosing a business checking account, you want to make sure you’re getting the best features and services for your money. In this head-to-head comparison, we’ll take a look at two popular options: Novo and Found.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Piermont Bank, Member FDIC

Editorial Score

Score 9.8
Score 9.1

Card

Found card

Rating

1619 reviews
122 reviews

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

X

Cash Deposit

Does not offer cash deposits

Does not offer cash deposits

Saving Account

X

1.5% APY available for Found+ users, pro plan for $14.99/month

Invoice Management

V
V

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 offers a completely fee-free business checking account with strong integration options for popular business tools. This makes it a great choice for businesses that prioritize a fee-free banking experience with strong integrations.

Found offers a fee-free business checking account with automatic transaction categorization and a cash deposit network, making it a great option for sole proprietors who need to deposit cash frequently. While Found doesn’t offer the same level of integration with business tools as Novo, it still integrates with popular accounting software like QuickBooks and Xero. Overall, Found is an excellent choice for businesses that need a fee-free banking experience with a cash deposit network.

Editorial Score

Score 9.8

Winner!

Score 9.1

Novo Vs. Found

When it comes to choosing a business checking account, you want to make sure you’re getting the best features and services for your money. In this head-to-head comparison, we’ll take a look at two popular options: Novo and Found.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Piermont Bank, Member FDIC

Editorial Score

Score 9.8
Score 9.1

Card

Found card

Rating

1619 reviews
122 reviews

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

X

Cash Deposit

Does not offer cash deposits

Does not offer cash deposits

Saving Account

X

1.5% APY available for Found+ users, pro plan for $14.99/month

Invoice Management

V
V

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

Novo and Found both offer fee-free business checking accounts with unlimited transactions and no minimum balance requirements. Novo’s strength lies in its integration with popular business tools, while Found offers a cash deposit network that may make it more suitable for sole proprietors who need to deposit cash frequently. While Novo is the winner of this comparison, businesses should consider their specific needs when choosing between these two options.

Novo Logo BB
Score 9.8

Winner!

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Found Logo
Score 9.1
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