Tide Business Banking: Get a free bank account and get £100
Save time and money with a Tide Business account. Apply today through Tide to open an FSCS protected bank account provided by ClearBank.
Tide offers bank accounts provided by ClearBank. ClearBank Ltd is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 754568). Registered Address: Borough Yards, 13 Dirty Lane, London, England, SE1 9PA.
Tide Bank is an electronic money institution which offers business banking services to small businesses, freelancers, sole traders and registered limited companies in the UK. Unlike high street banks, Tide doesn’t have branches – instead, you’ll be able to manage your Tide business account online.
You can open an account for free, and get a Tide card for yourself as a business owner, as well as expense cards for your employees. Tide bank offers a wide range of banking services for businesses in the UK, and in this article we’ll review features and costs for the Tide Business account, alongside some pros and cons for this provider.
Tide business account is ideal for businesses who operate mostly online as they don’t support over the counter payments by cash or cheque. It’s a good alternative to traditional banks for quick to open business accounts with features that help streamline your business growth.
Tide Bank is a good alternative for businesses who struggle to open traditional business accounts due to credit checks. It’s mostly app based which makes it convenient for a lot of users but they also offer a desktop version for easier view and navigation.
They provide an open banking API that can be integrated into your systems to have access to automated payments and other features Tide Bank offers.
Tide Business Account Features
- Create and track invoices
- Integration with accounting apps such as Xero and Sage
- Spending control with employee expense cards
- Apply for business loans
- Cashflow insights and forecasts
- 0.5% cashback with Tide Card in the Tide Cashback Account
Tide Card
When signing up for Tide free account or subscribing for one of the paid plans you’ll be able to order a free Tide Card for your use. Your business card will be linked to your Tide business account and offers free payments at home and abroad – although ATM withdrawals cost £1.
You’ll be able to order up to 50 employee expense cards, which can be given to your team, and are managed by the account holder. That means your team members can have a card to cover business expenses, but account owners can still keep track of their employees’ spending, and issue, limit, or cancel cards as needed from their Tide app.
Tide customer services
If you’re a Tide customer already, the easiest way to get in touch with the customer support team is through the in-app support. You’ll just need to click the help tab and start a new request, to talk to a member of the team. You can also send inquiries to Tide Bank by email on the address: hello@tide.co.
Tide contact number
You can seek support from Tide Bank by phone in case of fraud and lost or stolen card.
- For fraud support contact 159 from the UK or +44 20 4587 0366 from outside of the UK
- For card support contact the number: +44 (0)333 121 0266
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