Banking for Freelancers

Powerful financial tools to start, run, and grow your freelance business
Apply now
dashboard
BUSINESS CHECKING

Add money from anywhere, in minutes

From your favorite apps:
stripe logo
amazon logo
paypal logo
shopify logo
Airbnb logo
square cash logo
venmo logo
Toast logo
Uber logo
Lyft logo
OTHER BANKS
Or the traditional banking system:
INTERNATIONAL WIRE
INTL.
WIRE
DOMESTIC WIRE
DOMESTIC ACH
DOMESTIC
ACH
NO MINIMUMS, NO FEES

More money for the things that matter

No minimum balance or minimum transaction requirements and zero fees on domestic ACH, wire, and international wires for Novel Plus plan members.
Transfers
SMART CARD

0.5% Unlimited Cashback1

Virtual cards issued instantly. Available to you and your team.

Manage your finances all in one place

Receive funds and send invoices directly from your account to clients and vendors
Save thousands with free transfers
Send payouts in 130+ currencies directly inside Novel

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
Learn more about our approach to security →

Frequently asked questions

Am I eligible?
+
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
What do I need to apply?
+
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).
Do you provide a debit card?
+
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.
What does Novel cost?
+
Novel costs from $9.99/mo to $49.99/mo depending on the plan. Check out our pricing page for more details.
Can I connect my Novel account to payment processors like Stripe?
+
Yes! You can connect Stripe or PayPal to your Novel account. Your account and routing are listed in your account.
Is my company eligible to open a novel account?
+
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

Credit Builder

Coming soon
Build credit automatically while you build your business

Reconciliation

Put data into your accounting provider instantly

Invoicing

Coming soon
Send and receive invoices all in one place

Tools to help you manage your money better

Payouts

Send payouts to staff and vendors in 130+ currencies

Credit Builder

Coming soon
Build credit automatically while you build your business

Reconciliation

Put data into your accounting provider instantly

Invoicing

Coming soon
Generate, receive, pay, and send invoices from your Novel account

Simplify your business finances

Apply now