About Novo’s Business Card
Spend smarter, earn faster—that’s the core of the Novo Business Credit
Card. Designed to elevate your business operations, this card rewards you with
up to 2% cashback on purchases, offers tailored discounts on
essential business tools like QuickBooks and Instacart, and helps you build
business credit—all with no annual fee for eligible Novo checking
account customers.
Quick Overview
A Smart Boost for Small Businesses
Novo, a fast-growing fintech platform serving over 250,000
small businesses in the U.S., has introduced the Novo Business Credit Card to
empower solopreneurs and growing enterprises with real rewards and seamless
financial integration. Announced at Money20/20 USA in October 2024, this card
is part of a broader suite aimed at streamlining business operations—including
AI-powered bookkeeping and invoice acceleration tools.
Flexible, Rewarding, and Insight-Powered
Here’s why this card stands out:
- Up
to 2% cashback on all purchases—a strong incentive for everyday
business spend.
- Exclusive
partner discounts on tools like QuickBooks (30% off), Instacart
Business (2 months free + $20 off), Booking.com (up to 7% off), Slack,
Dropbox, and more.
- No
annual fee, making it cost-effective for small-scale and scaling
businesses.
- Integrated
financial dashboard, combining credit and checking for real-time
expense tracking, financial control, and simplified reconciliation.
Easy Approval Aligned with Cash Flow
Rather than relying on personal credit scores, Novo
emphasizes business cash flow and Novo account health. Most users can see
approval within 1–2 business days after 30–60 days of consistent account
activity. The application uses a soft credit pull, which preserves your
credit score.
Aim to Build Credit, Not Just Spend
By using a dedicated business credit card, you separate
personal and business finances—vital for tax compliance—and build your business
credit profile, opening doors to better future funding, higher limits, and more
favorable terms.
Direct Link To Offer
Is This Offer Profitable for Customers ?
Yes—the Novo Business Credit Card offers a compelling,
profitable value proposition for the right business owners. Here's why:
|
Pros |
Considerations |
|
Up to 2% cashback on all purchases |
Must be a Novo checking customer (application tied to
account) |
|
No annual fee |
It’s a charge card—balance must be paid in full monthly |
|
Discounts on widely used business tools |
Not ideal if you need to carry a balance or want premium
travel rewards |
|
Integrated platform for seamless expense tracking |
|
|
Soft credit check means no hit to personal credit score |
In summary, if you operate a small business with steady cash
flow, frequently use business tools like accounting or delivery services, and
can pay your balance in full each month, the Novo Business Credit Card is
likely highly profitable for you. The simplicity of rewards combined
with useful discounts and zero fees makes it a smart financial partner for U.S.
entrepreneurs.
Review
Novo’s Business Credit Card truly lets businesses “spend smarter and earn
faster.” With competitive perks, thoughtful integration, and a
cash-flow–friendly design, it stands out as a rewarding, low-risk
option—especially for solopreneurs and small businesses managing regular
expenses. If that sounds like you, it’s worth exploring further.
