Compare Business Banking: Novo vs Huntington Bank (2026)


Novo VS Huntington Bank


Novo vs Huntington Bank: Overview & Banking Footprint

When comparing Novo and Huntington Bank in the Business Banking market, both financial institutions offer distinct advantages across interest rates, fee transparency, digital banking tools, and customer rewards.

Novo has built a reputation around consistent financial reliability and broad account servicing, while Huntington Bank emphasizes competitive yields, low maintenance fees, and streamlined mobile account management across its Business Banking lineup.

Interest Rates, APY/APR & Fee Structures Compared

Choosing between Novo and Huntington Bank comes down to your personal financial priorities: annual percentage yields (APY), borrowing APRs, monthly fee waivers, ATM/branch convenience, and welcome bonuses. Reviewing each bank's specific aspect ratings below provides deeper insight into where each institution leads.

Pros & Cons Comparison

Novo

  • Established regulatory protection and deposit security
  • Comprehensive suite of Business Banking options
  • Strong customer satisfaction and dispute support

Huntington Bank

  • Competitive rate structure and low everyday account fees
  • Intuitive mobile app and fast digital onboarding
  • Attractive loyalty rewards and account perks

Final Verdict: Which Bank Should You Choose?

For customers who prioritize full-service relationship banking and established institutional reach, Novo is a standout choice. Conversely, if you are looking to maximize rates while minimizing monthly fees in Business Banking, Huntington Bank delivers a highly compelling value proposition.

Huntington Bank Business Banking Overview

Huntington Bank Business Banking Review & Rating (9.2/10)

In our comprehensive evaluation of Huntington Bank Business Banking, Huntington Bank earns an overall category score of 9.2/10. Huntington National Bank is consistently top-ranked in J.D. Power customer satisfaction, offering Asterisk-Free Checking, 24-Hour Grace overdraft relief, Standby Cash, and ranked #1 in SBA 7(a) loan volume.

Huntington Bank Business Banking Aspect Breakdown

  • Interest Rates & APY (9.5/10): Huntington Bank is an industry leader in Interest Rates & APY within Business Banking, scoring 9.5/10 thanks to highly competitive rates, transparent terms, and standout customer value.
  • Fees & Minimums (8.9/10): Huntington Bank delivers strong above-average performance for Fees & Minimums (8.9/10), offering reliable features and well-structured Business Banking options.
  • Customer Service (9.2/10): Huntington Bank is an industry leader in Customer Service within Business Banking, scoring 9.2/10 thanks to highly competitive rates, transparent terms, and standout customer value.
  • Mobile App & Digital Banking (9.5/10): Huntington Bank is an industry leader in Mobile App & Digital Banking within Business Banking, scoring 9.5/10 thanks to highly competitive rates, transparent terms, and standout customer value.
  • Rewards & Perks (8.9/10): Huntington Bank delivers strong above-average performance for Rewards & Perks (8.9/10), offering reliable features and well-structured Business Banking options.

Bottom Line Verdict

Whether you are comparing Huntington Bank's Business Banking for everyday value, low fees, or digital banking convenience, Huntington Bank stands out as a competitive choice in United States. Compare individual Huntington Bank accounts and head-to-head bank matchups below.

Novo Business Banking Overview

When evaluating Novo for Business Banking in 2026, our financial analysts examined interest rates (Fee-Free + Novo Reserves), monthly maintenance fees, deposit insurance, and digital banking tools.

Novo is a top-rated U.S. small business checking platform (FDIC-insured through Middlesex Federal Savings, F.A.) built for freelancers, LLCs, and e-commerce sellers, featuring $0 monthly fees, 100% ATM fee refunds every month, Novo Boost (get Stripe payouts up to 2 days faster for free), and Novo Funding up to $75,000.

Key Highlights for Business Banking:

  • $0 monthly fees, $0 minimum balance, and up to $7/month in ATM fee reimbursements
  • Novo Boost delivers Stripe payouts up to 95% faster with zero added fees
  • Built-in unlimited free invoicing, up to 20 Novo Reserves budgeting buckets, and Shopify/QuickBooks/Xero integrations
  • Novo Funding provides working capital advances up to $75,000

Novo vs Huntington Bank: Key Banking Specifications

Bank
Novo logo
Huntington Bank logo
Overall Rating

4.7

-

Savings APY / AER

Fee-Free + Novo Reserves

-

Deposit Insurance

FDIC / NCUA Insured ($250k+)

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Aspect-by-Aspect Rating & Analysis (Business Banking)

Overall

Novo

9.2 / 10.0

Novo scores 9.2/10 for Overall in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

9.2 / 10.0

Huntington Bank achieves an overall rating of 9.2/10 in Business Banking based on interest rates, fees, digital tools, customer service, and rewards.

Comparing Novo and Huntington Bank across Overall in Business Banking provides crucial perspective for savers and borrowers deciding between two leading financial institutions. Novo combines broad institutional resources with dependable account servicing, while Huntington Bank delivers agile digital features and competitive everyday terms.

Interest Rates & APY

Novo

9.2 / 10.0

Novo scores 9.2/10 for Interest Rates & APY in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

9.5 / 10.0

Huntington Bank is an industry leader in Interest Rates & APY within Business Banking, scoring 9.5/10 thanks to highly competitive rates, transparent terms, and standout customer value.

Comparing interest rates and annual percentage yields (APY/APR) between Novo and Huntington Bank in Business Banking highlights how each institution structures returns for savers and borrowing costs for credit customers. Novo focuses on competitive relationship tiers and promotional intro periods, while Huntington Bank emphasizes consistent everyday rate competitiveness across standard account balances.

Before applying, compare both the headline introductory APR/APY and the ongoing standard variable rate to ensure your Business Banking account remains rewarding over the long term.

Fees & Minimums

Novo

9.5 / 10.0

Novo scores 9.5/10 for Fees & Minimums in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

8.9 / 10.0

Huntington Bank delivers strong above-average performance for Fees & Minimums (8.9/10), offering reliable features and well-structured Business Banking options.

Fee transparency and minimum balance thresholds are crucial when evaluating Novo versus Huntington Bank for Business Banking. Novo offers clear fee waiver pathways through qualifying direct deposits or combined relationship balances, whereas Huntington Bank focuses on keeping monthly maintenance fees, overdraft charges, and foreign transaction costs to a minimum.

Customers who prefer zero-hurdle banking with $0 / £0 monthly maintenance requirements should weigh each bank's fee schedule against their typical monthly balance.

Customer Service

Novo

8.9 / 10.0

Novo scores 8.9/10 for Customer Service in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

9.2 / 10.0

Huntington Bank is an industry leader in Customer Service within Business Banking, scoring 9.2/10 thanks to highly competitive rates, transparent terms, and standout customer value.

Customer service quality in Business Banking reflects how effectively Novo and Huntington Bank handle fraud alerts, billing disputes, and account inquiries. Novo backs its accounts with dedicated 24/7 telephone specialists and in-person branch advisors, while Huntington Bank provides rapid in-app live chat support and streamlined digital dispute resolution.

Both institutions maintain strong satisfaction scores among account holders and provide full zero-liability fraud protection.

Mobile App & Digital Banking

Novo

9.2 / 10.0

Novo scores 9.2/10 for Mobile App & Digital Banking in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

9.5 / 10.0

Huntington Bank is an industry leader in Mobile App & Digital Banking within Business Banking, scoring 9.5/10 thanks to highly competitive rates, transparent terms, and standout customer value.

Digital banking capabilities play a central role in managing Business Banking with Novo and Huntington Bank. Both banks deliver highly rated iOS and Android mobile apps featuring biometric authentication, instant card lock/unlock controls, mobile check deposit, and real-time transaction notifications.

Novo excels in comprehensive wealth and multi-account dashboards, while Huntington Bank stands out for automated savings tools, credit score monitoring, and intuitive everyday navigation.

Rewards & Perks

Novo

9.5 / 10.0

Novo scores 9.5/10 for Rewards & Perks in Business Banking, backed by Fee-Free + Novo Reserves rates and transparent digital terms.

Huntington Bank

8.9 / 10.0

Huntington Bank delivers strong above-average performance for Rewards & Perks (8.9/10), offering reliable features and well-structured Business Banking options.

When comparing rewards, welcome bonuses, and account perks in Business Banking, Novo and Huntington Bank cater to slightly different spending and saving habits. Novo emphasizes flexible points, travel protections, and relationship bonus multipliers, whereas Huntington Bank focuses on straightforward flat-rate cashback, merchant offers, and fee rebates.

Matching your monthly spending categories and redemption preferences to each bank's loyalty ecosystem will maximize your annual return.