NorthOne Mastercard® Business Debit Card

NorthOne is a fintech company established in 2017. Initially designed as a mobile banking solution, it now offers comprehensive online banking services available through its native app and the web. All its banking services are provided by The Bancorp Bank, headquartered in Wilmington, Delaware. The NorthOne debit Mastercard is created with new business owners in mind, coming with advanced features that make invoicing, paying bills, and managing your cash flow a breeze. For a small fee of $10 a month, you can unlock unlimited possibilities and take charge of your business’s finances.

NorthOne – is best for small business owners, startups, and freelancers who want to have a business banking account with budgeting tools, seemless integration with multiple software, and are not afraid of a low monthly fee.

Advantages of NortheOne Mastercard

The NorthOne debit Mastercard comes with numerous unique perks and advantages you’ll enjoy from the moment you open your deposit account.

Seamless online application

NorthOne offers you a seamless online application, allowing you to sign up for a deposit account in just a few minutes, whether you do so via its website or your smartphone. The NorthOne app is available through the Google Play Store for Android devices and the Apple App Store for iOS devices. During the sign-up, you’ll need to provide your phone number and email address for verification and additional personal and business information, including your social security number, Employer Identification Number, and incorporation date, among other details. The whole process is quick and straightforward, without requiring you to go through endless paperwork or waste time visiting the bank.

Low monthly fee

The NorthOne debit Mastercard prioritizes the utmost transparency, so you’ll have a clear overview of all the fees you will incur. This business debit card is available for a $10 monthly fee without hidden costs or expenses. You can enjoy an unlimited number of transactions and deposits in a few simple clicks. The $10 fee covers all Automated Clearing House (ACH) payments, deposits, transfers, purchases, Envelopes, and app integrations. However, if you send or receive domestic wire transfers, you’ll have to pay an additional $15 fee.

Multiple payment options

ou can easily use your NorthOne debit Mastercard to complete payments of any kind. Some payment options include paper checks, wire transfers, and ACH deposits. Additionally, you can pay all your invoices directly from your phone or computer with a single click. The NorthOne platform provides you with a clear overview of all past and scheduled payments, allowing you to keep track of where your money comes from and where it goes. 

Valuable budgeting tools

NorthOne offers unique budgeting tools to help you stay on top of your finances. The free Invoice maker enables you to create professional invoices for all your clients, send them electronically, and track payment status directly from your app. If any client is slow to pay you, you can use the Invoice Maker to send additional reminders. NorthOne Envelopes are another budgeting feature that allows you to allocate resources to rent, payroll, taxes, and more. You can set your own payment rules and set aside a percentage of your budget or a predefined amount to be paid daily, weekly, or monthly.

Useful software integrations

NorthOne debit Mastercard is designed specifically for freelancers, startups, and SMB owners, so it boasts dozens of useful third-party integrations that can help you manage your business with ease. Some of its most notable ecommerce and payment processing software integrations include: PayPal; Expensify; Quickbooks; Wave; Amazon Pay; Stripe; and Shopify. If you have any questions about NorthOne debit Mastercard integrations, you can always contact the support via live chat, phone, or email. They’re highly responsive, and available Monday through Sunday from 8 am to 10 pm. 

What Are the Disadvantages?

Although a NorthOne debit Mastercard account can make managing your business’s finances easier, you should be aware of some of the card’s disadvantages.

No physical branch. NorthOne offers online-only banking services. While it does have offices in New York, San Francisco, Toronto, and Portland, there are no physical branches that you could visit to discuss your account. If you encounter any problems or have any questions you need to be answered, you can only contact the support via phone, chat, or email.

No rebates for third-party ATMs. If you need to make withdrawals from your NorthOne debit Mastercard, you can use any MoneyPass ATMs in your vicinity for free. However, if you need to use ATMs from other networks, you’ll have to pay an additional fee (which varies from ATM to ATM). NorthOne offers no rebates for third-party ATMs.

What Makes NorthOne Debit Card Different

NorthOne debit Mastercard is one of the few financial solutions that are entirely transparent. You’ll never encounter any hidden costs or expenses, and you can clear and cancel your account at any time if you’re dissatisfied. With an abundance of valuable budgeting features, unique tools like Invoice Maker and Envelopes, and useful integrations, NorthOne makes business budgeting straightforward. You’ll have a comprehensive overview of your finances, expenses, and payments due, so you can focus on the core of your business without worrying about cash flow.

Competition and Alternatives

• Nearside Mastercard
• Novo Debit Card
• Chase Ink Cash Visa
• Blue Business Cash Card
• Sofi Money World Debit Card

Bottom Line

NorthOne debit Mastercard is a unique offer best suited for startups, freelancers, and small businesses. It has everything you need to keep your finances in order, from unlimited transfers and deposits to a streamlined account overview and valuable third-party software integrations that can help you stay on top of your finances. While it has some drawbacks, the NorthOne Mastercard is one of the top cards you could use as an SMB owner.

Frequently Asked Questions