Novo Bank $100 Referral Bonus – Step By Step Guide

Novo financial institution is a free enterprise checking account that’s at present providing a $100 bonus in case you open a Novo enterprise checking account utilizing a referral hyperlink. Right here’s what you might want to do to earn your Novo referral bonus: 

  1. Open a Novo enterprise checking account utilizing a referral hyperlink (right here’s my Novo financial institution referral hyperlink). 
  2. Deposit $100 to your Novo checking account inside 30 days of opening your Novo account. 
  3. Keep not less than a $100 stability in your Novo account for 30 days. 

That is a simple checking account bonus to earn because it doesn’t require a direct deposit and solely requires you to maintain $100 within the account for not less than 30 days. 

Along with being a great financial institution bonus, Novo can be a great enterprise checking account. It has no month-to-month charges or minimal stability necessities and operates a great app and web site. Certainly, it’s the enterprise checking account I at present use for this weblog.

On this submit, we’ll take a short take a look at what Novo is, go over how one can earn your bonus, and focus on some methods you need to use to earn extra from Novo.

What Is a Novo Enterprise Checking? 

Novo is a fintech enterprise banking app just like Lili, Relay, and different fintech enterprise checking accounts. They provide a full-featured enterprise checking account, with funds held at Middlesex Federal Financial savings, which is an FDIC-insured financial institution that companions with Novo. 

I first switched to Novo after Azlo, the earlier enterprise checking account I used, closed. What I like about Novo is that it presents a smooth web site and app that’s effectively suited to the wants of a small enterprise like mine. 

As well as, I like Novo as a result of it has no charges or minimal stability necessities. On precept, I don’t imagine banks ought to cost charges or require you to leap by means of hoops to keep away from charges. And for financial institution bonus functions, a no-fee checking account is far simpler to handle. 

One factor to recollect is that Novo is a enterprise checking account, which signifies that you’ll solely be eligible for it if in case you have some sort of enterprise. Nonetheless, Novo does assist facet hustlers and sole proprietors, so in case you earn any form of cash outdoors of your day job, you’ll qualify for a Novo account. Even doing one thing so simple as delivering meals with DoorDash or Uber Eats would qualify you to open a Novo account.

When you’re occupied with studying extra about Novo, you should definitely learn my in-depth Novo Evaluate submit. I am going into a variety of element about what Novo is and the way I exploit it in that submit.

Novo $100 Referral Bonus: Step-By-Step Instructions 

With that background out of the way in which, let’s go into element about how one can earn your Novo referral bonus. 

Opening your Financial institution Novo account is simple. To open your account, you merely choose what sort of enterprise you’ve got (i.e. sole proprietorship, LLC, S-Corp, and so on), then submit any supporting paperwork they request. Your account ought to be accepted inside just a few days. All the signup course of is on-line and may take you about 10 minutes to finish. My account was accepted and up and working inside just a few days.

novo application

Refer Your Buddies And Earn Extra Novo Referral Bonuses

Once you open your Novo enterprise checking account, you’ll get a referral hyperlink that you need to use to refer different folks. Every individual you refer who makes use of your hyperlink and meets the $100 deposit requirement earns you $100 (the individual you refer may also earn $100 for utilizing your hyperlink). 

You’ll be able to earn a most of $1000 in referral bonuses, however you may refer as many individuals as you want.

When you’re a two-person family, it is best to have the ability to earn $300 by opening accounts for each folks. To do that, first, open your account utilizing a referral hyperlink. Then refer your partner or companion along with your referral hyperlink. You’ll get $100 for opening the account, then your partner will get $100 for utilizing your referral hyperlink and also you’ll get $100 for referring your partner.

Closing Ideas 

Novo is a comparatively unknown enterprise checking account that has a simple referral bonus you may earn. Filling out the applying ought to solely take you a couple of minutes. And the bonus phrases are straightforward to satisfy. When you really feel like supporting this website, please be happy to make use of my Novo referral hyperlink. 

When you’re in search of a checking account for your corporation or facet hustle, Novo might additionally work for that.

I hope this information was useful. Please be happy to depart a remark under if in case you have any questions.  

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