Novo vs Grasshopper Bank

Two banking tools side by side. Prices are the starting plan a small business would pick, in USD.

Compare	NovoNovo	Grasshopper BankGrasshopper Bank, N.A.
In one line	Free online business checking with ATM fee refunds	Chartered digital bank with free checking that pays interest
Starting price	Free	Free
Six-person team	$0/mo	$0/mo
Plans	No monthly fee; no minimum balance; ATM fees refunded up to $7/mo	No monthly fee; $100 to open; ACH and incoming wires free; outgoing wires $5 domestic, $25 international; checking earns variable interest
Pricing model	Free	Free
Free trial	—	—
Users	Account owner plus cards	Multiple, with approval rules
Both connect to	QuickBooks Online
Also connects to	Xero, FreshBooks	No others on record
Team size	Just me · 2–10 people	Just me · 2–10 people · 11–50 people
Available in	US	US
Phone support	None listed	Plans not stated
Live chat	Every plan	None listed
Support hours	Not published	Phone: M-F 9am-9pm ET
Incidents posted	We found no public status page for Novo.	We found no public status page for Grasshopper Bank, N.A..
Trustpilot score	4.0 / 5 from 4,873 reviews	4.1 / 5 from 471 reviews
Fit: Retail shop	55	55
Fit: Restaurant or café	45	45
Fit: Service business	85	80
Fit: Agency or studio	85	80
Fit: Trades or contractor	70	60
Fit: Online store	82	72
Why people pick it	No fees or minimums Good app integrations	Checking that pays interest A chartered bank, not a fintech layer
Where it falls short	Awkward for cash deposits No branches	Outgoing wires cost $10 domestic, $25 international Cash deposits only at select MoneyPass ATMs
	Visit Novo ↗	Visit Grasshopper Bank ↗

Six-person prices are what a team of six would pay on the published plans; "Not listed" means those plans don't cover six. How we calculate prices