Novel costs $10/mo. We do not charge account minimum balance, account opening, or other fees. Included in your subscription are free domestic and international transfers (ACH & Wire), a secured credit card with 1% cashback, 0.55% APY on your deposits, and access to apps such as payroll, invoicing and more to make it easy for your to run your online business. Our FX transfer rates are competitive and we don't earn money off your international transfers.
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 is a bank account for online businesses. Each account comes with: - Business checking account
- Savings account
- Secured credit card with 1% cashback
- ACH payments
- Domestic and international wires
- and other useful business apps