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Relay vs. NOVO Comparison

Compare providers side-by-side, allowing for easy comparison of features, rates, and terms. The comparison tool encourages individuals to thoroughly review all aspects of each service before making a smart financial decision.

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Online Banking

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Online Banking

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Good For
Get Crystal Clear on Your Cash Flow
Good For
Smart Choice For Business Checking
Account types
  • Business Checking
  • Business Savings
Account types
Pros
  • Free business banking offering
  • Up to 20 checking accounts and 50 debit cards can be created under one login
  • Ability to set different permissions for for different members of your team
  • Full integration with accounting and payroll software is available
Pros
  • No hidden fees, minimum balance requirements and unlimited ATM refunds
  • Integrations with top tools like Quickbooks, Stripe, Square, Shopify and more
  • Automated budgeting with Novo reserves
Cons
  • cons No paper checks
  • cons It can take up to a week for checks to settle
Cons
  • cons No physical branches, if needed
  • cons Cumbersome to make a cash deposit
  • cons No interest paid on checking account balance
ATM Network
55,000+ AllPoint ATMs
ATM Network
Unlimited
Overdraft fees
0
Overdraft fees
$27
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