Tide Business Bank Accounts

Tide Business Bank Accounts logo
  • Tide is an innovative business banking service designed specifically for small businesses. You can compare product details of Tide Business Banking in the table below - just click the links for more details or to visit the Tide website to apply online.
See deal Browse Tide Business Bank Accounts FAQs

Compare Tide Business Bank Accounts

  • Tide logo

    Tide Business Bank Account

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      20p
    • Overdraft
    • Access
      App & Online
  • Tide logo

    Tide Plus Business Bank Account

    • Monthly Fee
      £9.99
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App & Online
  • Tide logo

    Tide Cashback Business Bank Account

    • Monthly Fee
      £49.99
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App & Online

Compare products from other providers

  • Cashplus logo

    Cashplus Business Bank Account

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      30p
    • Overdraft
    • Access
      App & Online
  • HSBC logo

    HSBC Kinetic Business Current Account

    • Monthly Fee
      £6.50*
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App & Online
  • ANNA Money logo

    ANNA Money £0 a month

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App only

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

See all business current account providers
Last updated on 09 November 2020.

Tide Business Accounts FAQ

What is Tide?

Tide offers small businesses, sole traders, established businesses and entrepreneurs business bank account services. The business accounts Tide offers are app-based and accounts can be opened online in minutes.

What features do Tide business accounts offer?

Tide business accounts offer features including cash withdrawals; cash deposits; transfers; business credit cards, (known as the Tide Mastercard); automatic accounting services; access to credit and invoicing services that are intended to help small business owners save time when doing their monthly accounting.

What is the Tide Mastercard?

Tide Mastercards are business credit cards that can be ordered for employees and controlled via the Tide app.

What accounting services does Tide offer its customers?

Tide automatically uploads transactions to some accounting software programs. Tide customers also have access to an invoice creation service from the app.

Who can take out a business account with Tide?

If you have a company registered with Companies House in the UK you will be able to apply for a Tide Registered Business Account. Sole traders can apply for a Sole Trader Account. Applicants will need to be over 18, have a UK phone number and have access to a device with the Google Play Store or the Apple Store. There are some industries to which Tide does not offer accounts, but details will need to be checked directly with Tide for clarification.

Will I be credit checked when I apply for a Tide account?

Tide verifies your identity, which will show up on your credit report, but no credit check is carried out so your credit score will not be affected.

Can I switch to Tide from my current business bank account?

You can open a Tide account alongside your existing business bank account if you wish to do so. You might need to check the details of this with Tide to clarify the arrangement.

Can I open multiple Tide accounts?

Yes, each business can open four unique business accounts through Tide. For those who have several businesses, you can open Tide accounts for each providing you can do so from separate devices.

What can I use my Tide business account for?

Tide business accounts can be used for any business-related finance activity, from paying suppliers to receiving payments from your own clients. Generally, accounts for businesses incur a charge for different transactions to make sure you are aware of what these are.

Does Tide offer traditional support?

Much of Tide’s functionality relates to its app, but it is possible to speak to a customer service advisor over the phone.

Is my money protected with a Tide business account?

Tide holds your money in a regulated, ring-fenced account and accessible whenever you wish. Your funds are never moved, invested or lent to anyone else. Tide customers can freeze lost cards instantly via the Tide app. Payments can only be authorised via the Tide app, which is secured with two-factor authentication. And if you switch to a new phone or device, Tide requires a selfie to confirm your identity. Tide is regulated by the FCA (Financial Conduct Authority) and has permission as a credit broker.

What are the Tide business account fees?

Tide offers two business accounts: pay as you go and Tide Plus. The two accounts have different pricing structures, and included features. Click the ‘see deals’ link in the comparison table for the latest Tide account pricing.

Is Tide a good business account option for me?

To decide if Tide is the best business bank account for you, compare it against other products in our comparison table.

Services offered by this provider may change over time. Always check Ts&Cs.