Novo vs Rho

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

Compare	NovoNovo	RhoRho
In one line	Free online business checking with ATM fee refunds	Free checking with no-fee wires, cards, and bill pay
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 or per-user fees; free ACH, same-day ACH, and domestic wires; international payments 1% FX fee + optional $15 SWIFT fee; savings up to 1.00% APY from a $25K balance
Pricing model	Free	Free
Free trial	—	—
Users	Account owner plus cards	Unlimited
Both connect to	QuickBooks Online, Xero
Also connects to	FreshBooks	Puzzle
Team size	Just me · 2–10 people	2–10 people · 11–50 people · 51–200 people
Available in	US	US
Phone support	None listed	Every plan
Live chat	Every plan	Every plan
Support hours	Not published	Phone: 24/7 · Email: 24/7 · Live chat: 24/7
Incidents posted	We found no public status page for Novo.	1 incident posted on Rho's status page in the 90 days to Oct 27, 2026; 1 marked major or critical by Rho. Status page
Capterra score	Not listed	5.0 / 5 from 2 reviews (few reviews)
Trustpilot score	4.0 / 5 from 4,873 reviews	4.2 / 5 from 41 reviews
Fit: Retail shop	55	45
Fit: Restaurant or café	45	35
Fit: Service business	85	80
Fit: Agency or studio	85	88
Fit: Trades or contractor	70	50
Fit: Online store	82	82
Why people pick it	No fees or minimums Good app integrations	Free domestic wires and same-day ACH Cards, bill pay, and expenses in one account
Where it falls short	Awkward for cash deposits No branches	No cash deposits No interest on checking or on savings under $25K
	Visit Novo ↗	Visit Rho ↗

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