[Expired] Novo $500 Business Savings Bonus - 2026 Review
Below is the offer exactly as we last tracked it, kept for reference. It may no longer be available to open.
- Bonus tiers
- $500 — no deposit required
- Availability: Nationwide
- Lifetime limit: one bonus per customer
- Monthly fee: $0
- No early-closure rule listed
- Funding window: 0 days
- Maintenance/hold period: 0 days
- Total practical hold: ~40 days
Bonus Tiers & Effective APY
Overview
Novo's $500 savings promotion is expired. This page preserves the final tracked tiers, requirements, and history.
Pros
Cons
Notes
Complete $10,000 in novo debit-card spend and keep the account in good standing until the reward posts. Confirm that purchases or transactions are eligible before relying on them.
How This Compares to Other Bonuses
Novo's $500 headline payout is closest to Capital One Business's $500 offer. Compare the required capital, holding time, account fees, and base interest, not only the bonus.
Frequently Asked Questions
What is the current Novo promotion?
The final tracked promotion paid up to $500; it is now marked expired.
How much money is required for the Novo bonus?
The current offer is not earned by parking a qualifying deposit; follow the activity requirement shown in the official terms.
How long is the money committed?
There is no deposit hold to annualize, but you must complete the stated activity within the promotional window.
Eligibility
Open a new Novo business checking account via an official offer link and spend $10,000 on the Novo debit card. Bonus auto-deposits typically within 30 days of meeting the requirement. No monthly fees; no direct deposit required. New accounts only, one bonus per account; account must be active/unrestricted at payout. Novo is a fintech; banking via Middlesex Federal Savings, F.A., Member FDIC. Verified via DoC (official link novo.co/partners/stripe) 2026-07-04.
Fees
Sources (2)
We last checked on September 1, 2026, but could not confirm every detail directly on the bank's page.
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