No minimum balance or minimum transaction requirements and zero fees on domestic ACH, wire, and international wires for Novel Plus plan members.
Unlimited 0.5% cashback1
Earn 0.5% cashback on all spend including advertising on Facebook, Google, and more
Secured against your account balance
Connect and deposit funds from any payment processor!
Connect Stripe, Amazon, Paypal & More
Pay for inventory, your team, software and more with quick deposits into Novel
Send payments globally
Pay your suppliers in up to 130+ currencies directly with free international wires
Pay your virtual assistants automatically with built-in international payroll!
Save thousands on fees with competitive FX rates (matching or beating TransferWise, beating PayPal, banks and more)
Support with real humans
Reach real human support in minutes by phone, chat, or email.
Get started in minutes
Sign up today
Fill out your application in under 5 minutes. Get approved in 24 hours.
Make a deposit
Deposit funds directly via ACH, wire, or international wire or link Stripe or PayPal.
Start banking!
Start spending on your card and managing your business.
Don't just take our word for it
Great bank to start up. In the early days, I wasn't meant to use this bank, but we're a hemp business with an international maker. We couldn't come to the United States either. When no one took us, Novel did it, and I'm so happy they did it, because they're the best, the easiest bank out there. No BS and top-notch customer service
Elizabeth Miller
I have been using for over a month now and I absolutely love it. The user experience is great and the service + customer support is top notch. It solved the biggest issue a startup can face - Having a virtual bank account that is fast, reliable and provides great support.
Hassan Sarwar
I am a new user of Novel banking. The process of receiving payments and sending them has been seamless so far. The team's pretty quick to respond and quite helpful. The dashboard's UI/UX is quite friendly and simple as well. Keen on using Novel more often and may come back with more feedback later on. Thanks Novel! :)
Ihsan Moore
Blazing fast, frankly frightening how convenient it is to handle all my startup accounts and budgets. Save me so much manual work that I can actually concentrate on building and running a business.
Elsa Hayden
I needed a bank account that I could open online and find Novel. Their website looks fantastic, and they didn't charge me any secret fees. I've been a client for a couple of months, and it works for me.
This week, I had a vendor who said payment was lost. I approached the help of Novel and spoke to real people. They followed up with the payment, contacted me back, and had it fixed.
Luella Jacobs
I highly recommend Novel, and that's why:- Exceptional service; (the CS does a great job of resolving problems in a timely manner)-The code is easy to use (online banking)-Simply, done right (everything is straightforward, unlike the other banks that overcomplicate things by needing to call 3 different departments)A: Cons:I wish I could know about them earlier.
Marie Hill
Great bank to start up. In the early days, I wasn't meant to use this bank, but we're a hemp business with an international maker. We couldn't come to the United States either. When no one took us, Novel did it, and I'm so happy they did it, because they're the best, the easiest bank out there. No BS and top-notch customer service
Elizabeth Miller
I have been using for over a month now and I absolutely love it. The user experience is great and the service + customer support is top notch. It solved the biggest issue a startup can face - Having a virtual bank account that is fast, reliable and provides great support.
Hassan Sarwar
I am a new user of Novel banking. The process of receiving payments and sending them has been seamless so far. The team's pretty quick to respond and quite helpful. The dashboard's UI/UX is quite friendly and simple as well. Keen on using Novel more often and may come back with more feedback later on. Thanks Novel! :)
Ihsan Moore
Blazing fast, frankly frightening how convenient it is to handle all my startup accounts and budgets. Save me so much manual work that I can actually concentrate on building and running a business.
Elsa Hayden
I needed a bank account that I could open online and find Novel. Their website looks fantastic, and they didn't charge me any secret fees. I've been a client for a couple of months, and it works for me.
This week, I had a vendor who said payment was lost. I approached the help of Novel and spoke to real people. They followed up with the payment, contacted me back, and had it fixed.
Luella Jacobs
Great bank to start up. In the early days, I wasn't meant to use this bank, but we're a hemp business with an international maker. We couldn't come to the United States either. When no one took us, Novel did it, and I'm so happy they did it, because they're the best, the easiest bank out there. No BS and top-notch customer service
Marie Hill
Don't just take our word for it
I needed a bank account that I could open online and find Novel. Their website looks fantastic, and they didn't charge me any secret fees. I've been a client for a couple of months, and it works for me.
This week, I had a vendor who said payment was lost. I approached the help of Novel and spoke to real people. They followed up with the payment, contacted me back, and had it fixed.
Luella Jacobs
I have been using for over a month now and I absolutely love it. The user experience is great and the service + customer support is top notch. It solved the biggest issue a startup can face - Having a virtual bank account that is fast, reliable and provides great support.
Hassan Sarwar
I am a new user of Novel banking. The process of receiving payments and sending them has been seamless so far. The team's pretty quick to respond and quite helpful. The dashboard's UI/UX is quite friendly and simple as well. Keen on using Novel more often and may come back with more feedback later on. Thanks Novel!
Ihsan Moore
Blazing fast, frankly frightening how convenient it is to handle all my startup accounts and budgets. Save me so much manual work that I can actually concentrate on building and running a business.
Elsa Hayden
Great bank to start up. In the early days, I wasn't meant to use this bank, but we're a hemp business with an international maker. We couldn't come to the United States either. When no one took us, Novel did it, and I'm so happy they did it, because they're the best, the easiest bank out there. No BS and top-notch customer service
Elizabeth Miller
I highly recommend Novel, and that's why:- Exceptional service; (the CS does a great job of resolving problems in a timely manner)-The code is easy to use (online banking)-Simply, done right (everything is straightforward, unlike the other banks that overcomplicate things by needing to call 3 different departments) Cons: I wish I could know about them earlier.
Marie Hill
Get peace of mind with top notch security
Encryption
All your data is encrypted with AES 256 bit encryption.
Geo-fenced
Your money is held securely in a geo-fenced account
2-Factor Auth
Secure your account with 2 Factor Auth (2FA) for added peace of mind
Fraud Protection
Get alerts on big transactions and automatic fraud monitoring
U.S. residents and non-residents are both eligible. Eligibility is based on where you currently live. We support all individuals in all countries except for the following: Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen, and Zimbabwe
You’ll need a U.S. company with a federal EIN, your company’s official formation documents, and a picture of your government ID (e.g. a passport or US driver’s license).
Yes, we do. Your physical card is free on the Plus plan and $6 on the Standard plan.
All cards under the Novel Plus plan come with 0.5% cash back on all spend.
You’ll need a U.S. company with a federal EIN, your company’s official formation documents, and a picture of your government ID (e.g. a passport or US driver’s license).U.S. residents and non-residents are both eligible. Eligibility is based on where you currently live. We support all individuals in all countries except for the following: Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen, and Zimbabwe
Novel vs typical bank account
Scroll right to view more
Other business banks
Easy online application
Eligible to US Residents and non-residents
No minimum balance
Send free ACH & International wires worldwide
Unlimited users and cards
Builds business credit
Cashback
Live support in minutes
Payouts, invoicing, direct payments, and wire transfers all in one place
Tools to help you manage your money better
Payouts
Send payouts to staff and vendors in 130+ currencies
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