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Revolut Business or Novobanco Negócio: Which Is Better in Portugal? (2026)

By Jules de Bruin, Market ResearcherUpdated August 19 2026 | Found helpful by 8 others

The short answer

Novo Banco wins 1 of the 5 computed criteria, Revolut Business wins 0. Novo Banco leads on monthly fee: Revolut Business EUR 10 vs Novo Banco EUR 8. Choose on the criterion that matters to you.

RB

Revolut Business

Revolut Bank UAB, Portuguese branch

Wins 0 of 50%
Open a Revolut Business account
NN

Novobanco Negócio

NOVO BANCO, S.A.

Wins 1 of 520%
Open a Novobanco Negócio account

Row by row

Fees verified August 2026 against each provider's published data

CriterionRevolut BusinessNovobanco Negócio
Monthly feeWhat holding the account costs every month
EUR 10
Novo Banco EUR 8Wins
Portuguese ibanSome Portuguese billers still reject foreign IBANs
PTTie
Novo Banco PTTie
English supportApp, contract and helpline language
noTie
Novo Banco noTie
Deposit protectionWho guarantees your money, and up to how much
EUR 100,000Tie
Novo Banco EUR 100,000Tie
Standout featureThe one thing each side does that the other does not
: Fully online company account with PT IBANTie
Novo Banco: Two free years for new businessesTie

So which one

Pick Revolut Business if

  • This is what decides it: Fully online company account with PT IBAN.

Pick Novobanco Negócio if

  • Monthly fee decides it for you: Revolut Business EUR 10 vs Novo Banco EUR 8.

Other comparisons

6 more pairs

How we compared these two

The criteria are fixed

Every comparison on this site uses the same 5 rows in the same order, so two pages can be read against each other. We do not add a row because one side happens to win it.

A win is a stated threshold

A row is won on the published number or capability, not on judgement. Ties are declared rather than broken. Figures come from provider price lists and official sources.

How we get paid

Both links earn a commission at the same rate, so the winner of a row is never the higher-paying one. Fees come from each provider's own published price list, not a comparison feed.

Sources: provider price lists and official data, accessed August 2026. Next review: November 2026.

Frequently Asked Questions

Which is better, Revolut Business or Novobanco Negócio?

Novo Banco wins 1 of the 5 computed criteria, Revolut Business wins 0. Novo Banco leads on monthly fee: Revolut Business EUR 10 vs Novo Banco EUR 8. Choose on the criterion that matters to you.

When should I pick Revolut Business?

This is what decides it: Fully online company account with PT IBAN.

When should I pick Novobanco Negócio?

Monthly fee decides it for you: Revolut Business EUR 10 vs Novo Banco EUR 8.

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