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killdozer
killdozer (@guest_1801135)
February 21, 2024 17:09

Updated referral terms (Jan 17 – 2024) are located here: https://www.novo.co/legal/novo-referral-program

Jenn
Jenn (@guest_1790179)
January 31, 2024 23:39

I wanted to let people know that Novo allows self-referral…so hop on over to the linked referral page…click a link [edited] and then after you open your first account you can refer yourself using a 2nd email address and get both sides of the bonus (makes this worth $120…if you stack with SB, RevU or MyPoints you can add to it)

Rafael
Rafael (@guest_1790189)
February 1, 2024 00:08

Is more than account per SSN allowed, or what are you saying?

Jenn
Jenn (@guest_1794539)
February 7, 2024 17:32

Correct.

mothman69
mothman69 (@guest_1789170)
January 30, 2024 20:10

Novo appears to be rolling out a new payroll feature: https://www.novo.co/blog/novo-announces-novo-payroll

Mike 🔗
Mike 🔗 (@guest_1790082)
January 31, 2024 21:14

Are you hoping for better control of what is used in description field?

mothman69
mothman69 (@guest_1790136)
January 31, 2024 22:38

Yes that would be nice, but I won’t likely use this feature due to the high price. It’s much more economical to use Chase Business ACH for $2.50 or Wise for $0.39.

Mike 🔗
Mike 🔗 (@guest_1790141)
January 31, 2024 22:41

Is there currently any use for Novo, or what are you using it for? I was considering closing the account in hopes of churning it down the road.

mothman69
mothman69 (@guest_1790156)
January 31, 2024 23:01

I use it mainly as a transfer hub when I need to move money around. It allows me to link most of my accounts and P2’s accounts via Plaid. Most banks balk if the name on the account you’re trying to link doesn’t match. Pushes to other accounts always arrive on the second business day. It satisfies DD requirements for quite a few banks as well.

Adrian
Adrian (@guest_1805699)
February 29, 2024 17:11

Which banks has it satisfied? I’m considering opening for this, but not if Chase Business ACH is sufficient.

Gadget - Bank Bonus Geek 🔗
February 29, 2024 17:31

Fairwinds CU, Capital One, BMO, US Alliance CU, US Bank, Ally… Chase Biz may work too for those, but Novo is free, and since the don’t pull Chex or EWS, no harm in getting it.

L
L (@guest_1806143)
March 1, 2024 12:38

Adrian
Novo worked for Amex personal checking for me.

Gadget, you said Novo didn’t work for Ally. 🙂
https://www.doctorofcredit.com/ally-bank-200-checking-bonus-get200/#comment-1707617

Gadget - Bank Bonus Geek 🔗
March 1, 2024 12:49
  L

Oops… I looked at my Novo setup and saw it listed as a payment… and forgot it didn’t work. L

IIRC, it did not work at Educational Systems FCU…. so it’s far from foolproof.

Gadget - Bank Bonus Geek 🔗
February 1, 2024 19:06

Seen a couple of recent DP’s that sending money from the Wise balance are going over as real-time payments or Instant transfers… specifically when sending to Upgrade and Wells Fargo. Luckily WF has tons of free options, and Upgrade has Fidelity or other options too. I’m thinking it’s only an EWS bank issue, but we will see.

mothman69
mothman69 (@guest_1791172)
February 2, 2024 09:44

I saw that as well. I haven’t done a Wise transfer in a few weeks, so still to be determined if something has changed.

David
David (@guest_1775073)
January 10, 2024 12:59

Novo is once again under paying the referral bonus in the amount of $40 not $100. Does anyone have the screenshot for the referred user showing a $100 bonus? I am the referred user, not the referring user.

killdozer
killdozer (@guest_1801136)
February 21, 2024 17:12

Cant even find any fine print showing how much the referal program pays out. https://www.novo.co/legal/novo-referral-program

Gadget - Bank Bonus Geek 🔗
February 21, 2024 19:39

killdozer The referrer can see the amount from the Novo login, but it doesn’t show up as part of the application. AFAIK, the bonus level is $40 for everyone. You can stack with portals such as Swagbucks/Mypoints by using the referrer’s code.

killdozer
killdozer (@guest_1801235)
February 21, 2024 20:48

Think SB/Mypoints can be stacked simultaneously with a refers link? Or I suppose one or the other (unless you rechurn later with a new application).

Gadget - Bank Bonus Geek 🔗
February 21, 2024 20:55

Yes, it can be stacked by going through the portal. You find the offer in the portal and then you enter the referrer’s code in the appropriate block in the application process. killdozer

killdozer
killdozer (@guest_1801243)
February 21, 2024 20:59

And to confirm by what I mean, thats with one application churning both swagbucks and mypoints together at the same time plus the refer – so its effectively 3 bonuses with one account application.

If this is what you mean – I never realized multiple portals can be stacked on the same application. Thought they had to be done independently.

How do these portals (mypoints/swagbucks) track completition?

Gadget - Bank Bonus Geek 🔗
February 21, 2024 21:04

LoL… no, I highly doubt you can stack all three at once. That’s not a churn. That’s a stack.

A churn would be to come back later and apply again… with a different portal and different referrer. I have no clue if that is possible. I saw someone spamming the page about self-referral plots, so it might work. killdozer

Eason
Eason (@guest_1759221)
December 15, 2023 19:09

Where is the sunshine’s link, thanks very much.

L
L (@guest_1759227)
December 15, 2023 19:16
Docfan
Docfan (@guest_1754547)
December 8, 2023 22:09

$5k in free processing with stripe is perfect for my side hustle

Greg
Greg (@guest_1748316)
November 30, 2023 10:22

Good news bad news. I got the $40 payout, but the good news is that my Novo works as a ‘DD’ for my wife’s $900 chase bonus. She can’t easily change her real DD and we were going to go through treasury direct, but this was much easier.

Dylan
Dylan (@guest_1762292)
December 20, 2023 18:59

Hey, just to confirm what u said, u used novo (business/personal?) to spoof the dd for chase total checking? I just got novo and plan to do the same exact thing. Thanks!

Churnia
Churnia (@guest_1740146)
November 19, 2023 22:05

Anyone able to fight them to get full $100? I too got only $40

Mike 🔗
Mike 🔗 (@guest_1740160)
November 19, 2023 22:54

Churnia
People are posting their $40 links, that’s why you only got $40.

ntn
ntn (@guest_1740665)
November 20, 2023 16:57

Yea I usually try to spread the referral love so used someone else’s link and it turned out to be a $40 link. Oh well. I’m using this account to test DDs so at least it’s not all for naught.

Matt F
Matt F (@guest_1740519)
November 20, 2023 14:15

Sunshines link was the only way I was able to get the full 100

Daniel
Daniel (@guest_1734195)
November 10, 2023 00:32

I got the $100 too by using Sunshine referral link. Thanks Sunshine!

L
L (@guest_1722691)
October 25, 2023 08:49

$100 bonus posted for me. I also got $25 Swagbucks.

I used Sunshine ‘s referral link. Thanks for posting an image of what your referral page looks like: https://www.doctorofcredit.com/bank-novo-business-checking-30-referral-bonus/#comment-1686741

Sunshine
Sunshine (@guest_1722851)
October 25, 2023 12:54
  L

L that’s great! thank you

Justand
Justand (@guest_1744875)
November 25, 2023 03:10

Is your $100 referral still available?

favo🔗
favo🔗 (@guest_1747618)
November 29, 2023 10:46

Hey Sunshine, is your $100 referral still available?