Novo financial institution is a free enterprise checking account that’s presently providing a $100 bonus should you open a Novo enterprise checking account utilizing a referral hyperlink. Right here’s what you could do to earn your Novo referral bonus:
- Open a Novo enterprise checking account utilizing a referral hyperlink (right here’s my Novo financial institution referral hyperlink).
- Deposit $100 to your Novo checking account inside 30 days of opening your Novo account.
- Preserve at the very least a $100 stability in your Novo account for 30 days.
That is a straightforward checking account bonus to earn because it doesn’t require a direct deposit and solely requires you to maintain $100 within the account for at the very least 30 days.
Along with being a very good financial institution bonus, Novo can be a very good enterprise checking account. It has no month-to-month charges or minimal stability necessities and operates a very good app and web site. Certainly, it’s the enterprise checking account I presently use for this weblog.
On this publish, we’ll take a quick take a look at what Novo is, go over tips on how to earn your bonus, and focus on some methods you should 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 gives a smooth web site and app that’s effectively fitted 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 consider banks ought to cost charges or require you to leap via hoops to keep away from charges. And for financial institution bonus functions, a no-fee checking account is way 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 when you have some kind of enterprise. Nevertheless, Novo does assist facet hustlers and sole proprietors, so should you earn any type 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.
In the event you’re concerned about studying extra about Novo, you should definitely learn my in-depth Novo Overview publish. I am going into numerous element about what Novo is and the way I exploit it in that publish.
Novo $100 Referral Bonus: Step-By-Step Instructions
With that background out of the best way, let’s go into element about tips on how to earn your Novo referral bonus. Right here’s what you could do.
1. Open Your Novo Enterprise Checking Account Utilizing A Referral Hyperlink.
First, you’ll have to open a Novo account utilizing a referral hyperlink. Right here’s my Novo referral hyperlink should you’d wish to assist this weblog.
To open your account, merely choose what kind of enterprise you could have (i.e. sole proprietorship, LLC, S-Corp, and many others), then submit any supporting paperwork they request. Your account ought to be accredited inside a couple of days. Your entire signup course of is on-line and will take you about 10 minutes to finish. My account was accredited and up and working inside a couple of days.
2. Deposit $100 Into Your Novo Account Inside 30 Days.
When you’ve opened your Novo account, the next step might be to deposit $100 into your Novo account inside 30 days. You may make your deposit instantly once you open the account or wait till after you could have the account arrange.
To deposit the cash, click on on “Transfer Cash” on the backside of the Novo app, then click on “Switch Funds to Novo.” You'll be able to hyperlink exterior financial institution accounts to Novo utilizing Plaid.
Ideally, do that as quickly as you possibly can so that you don’t neglect to fund the account.
3. Preserve At Least A $100 Steadiness For 30 Days.
After you’ve deposited the $100, you’ll want to keep up that stability for 30 days. That is self-explanatory. Simply put the $100 into the account and go away it there. When you meet this requirement, you’ll be eligible for the bonus.
The phrases don't state when the bonus will publish, however I think about it ought to publish rapidly. If anybody has any information factors, please be at liberty to share them beneath.
Refer Your Mates And Earn Extra Novo Referral Bonuses
While you open your Novo enterprise checking account, you’ll get a referral hyperlink that you should use to refer different folks. Every particular person you refer that meets the necessities will earn you $100 (the particular person you refer may even earn $100 for utilizing your hyperlink).
You'll be able to earn as much as 10 referral bonuses whole, which suggests underneath the present promotion, you possibly can earn as much as $1,000 in bonuses.
There’s a chance right here to make an honest chunk of cash should you do that appropriately. In the event you’re a two-person family, for instance, it is best to be capable to earn $300 by opening a Novo account for each folks. To do that, first, open your account utilizing a referral hyperlink. Then, refer your partner or accomplice together with your referral hyperlink. You’ll get $100 for opening your account, then your partner will get $100 for utilizing your referral hyperlink and also you’ll get $100 for referring your partner.
Novo is a enterprise checking account with a straightforward signup bonus. You'll be able to apply on your account in a couple of minutes and get your account up and working inside a couple of days. The bonus additionally doesn’t require a direct deposit, in order that’s one other factor you possibly can keep away from.
In the event you really feel like supporting this web site, please be at liberty to make use of my Novo referral hyperlink. For a ton of element about checking account bonuses, you should definitely try my publish, The Final Information to Financial institution Account Bonuses.
Hope this publish helps!