In order for both the Referred User and the Referring User to each qualify for and receive the Referral Bonus, the Referred User must meet ALL of the following qualifications:
- The referred user must not have previously opened an account;
- The referred user must use the referring user’s unique referral link when applying for a new account;
- The referred user must be approved and open a new account;
- The referred user must have a deposit(s) into their Novo account totaling $100.00 or more within 30 days of the account opening date;
- The deposit(s) must be made by an authorized user on the referred user’s account; and
- The referred user must maintain a balance of at least $100 in their Novo business checking account for at least 30 days after the first deposit(s).
Please see our full terms and conditions here.