NorthOne review

The monthly fee is $0, and the pricing model is no monthly fee. Same-day ACH transfers carry no charge on the Scale plan, though other transaction fees can still apply. That makes it a low-cost base for an account that handles US payments.

Deposits are covered by FDIC up to USD 250,000, with banking services provided by Thread Bank, a member of the FDIC in the US. The account is operated by Relay Financial Technologies Inc.. Protection therefore rests on the banking partner rather than on the account app itself.

Same-day ACH transfers carry no charge on the Scale plan, and other transaction fees apply to the rest of the activity. Payments run on us ach, the only local payment detail listed for the account, so expect costs outside the free same-day ACH transfers.

The listed ATM allowance is $0, and free atm and digital only covers the account's feature set. Cash access therefore depends on ATM availability rather than on a branch network, which suits people who manage spending from a phone.

Support runs on phone, email and help centre. Phone, email and a help centre are all listed, so help is available by call as well as in writing. Because the account is digital-only, day to day banking is done in the app rather than at a counter.

business and freelancer names the intended users, so the account is built for business and freelance money rather than personal everyday banking. It suits sole traders and freelancers paid into a US account who want a $0 monthly fee and FDIC up to USD 250,000 cover.

The account is set up for US payments, with us ach as its local payment detail. That makes it a single market account rather than a multi-currency one, so euro or sterling banking sits with a different provider. It suits people whose money moves mainly in dollars.

NorthOne's cost score is 6.3 and its offer score is 3.3, for an overall 5.1. On monthly fee it sits at position 1 of 500 brands ranked, so the cost side carries more weight than the feature side.