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#beyourownboss

Open a Tide account for a chance to win £25,000!

Start, or scale your business with Tide! This is a unique opportunity for one lucky entrepreneur to win £25,000 and take their business to the next level.

Simply open an account by the 9th of July 2021 to enter! Award notification taking place after 19 July.

Read the summary of entry instructions here

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We’ve teamed up with Simon Squibb and The Purposeful Project to help you get started 🚀

Being your own boss is exciting! We know. That’s why we’re here to help entrepreneurs just like you start and grow their business!

As part of our mission, we’ve teamed up with Simon Squibb at The Purposeful Project to promote entrepreneurship in the UK and help young people turn their exciting ideas into reality.

The perfect bank account for your business

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Fast & Simple

Get your sort code and account number in minutes. Easy sign-up straight from your phone via our app.

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Features you’ll love

Instant card management, real-time notifications, easy invoicing and accounting integrations – you name it, we’ve got it.

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Flexible & Scalable

Perfect for new and growing businesses, sole traders and limited companies. Unlock more features as you scale.

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Secure & Protected

We are FCA regulated. Your account is FSCS-protected and provided by ClearBank. Safe, powerful and loved by our members.

We're not a bank, we're better 💪

1 in 12 business accounts opened in the UK was with Tide, within a year of our launch.

From consultants to cupcake makers, coders to coat makers, glass-blowers to graphic designers, Tide is the smart account for modern businesses.

Join 300,000+ entrepreneurs just like you! We’d love to have you on board.

Open an account
Ruth and Ciorstaidh of SOLÁS, Tide members

No monthly or annual fees

We take a tiny fee when you move money between accounts or move cash

Trusted by over 350,000 UK businesses

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PEP TALK 10 | The Purposeful Project Podcast 🎙️

8 lesssons from an entrepreneurial CEO

Listen to Simon Squibb’s podcast featuring Oliver Prill to hear our CEO’s top tips for entrepreneurs on how to start and scale a business, create the right culture and how to win in a competitive environment.

Business Account FAQs

Can I deposit cheques?

We don’t currently accept cheque deposits.

We understand that cheques aren’t going to go away any time soon though. That’s why we’re looking at smart ways to process cheques, like an image clearing system which allows cheques to be deposited straight through your phone.

One of the most common issuers of cheques is HM Revenues and Customs. If you’ve received a cheque from HMRC, you can return it and request a direct bank transfer instead.

In instances where your account is being closed, any remaining funds will be returned to you by banking transfer only. At this stage we do not issue remaining balance cheques.

What are Tide’s features?

Tide accounts come packed with smart and time-saving tools, letting you focus less on admin and more on your business.

  • Full UK sort code and account number
  • Business Mastercard, with free purchases at home and abroad
  • Automatic categorisation of your transactions, for easy accounting
  • Instant invoice payment and creation
  • Up to £150,000 of credit, straight through the app

That’s just the beginning! You can see more on our features page, and keep up to date with what’s coming next on our roadmap

Are there limits on my account?

That will depend on whether you’re a sole trader or a registered company.

Tap “Accounts” from your in-app More menu to see your full account limits, or to request a limit increase.

How do I deposit cash?

We’ve partnered with the Post Office and PayPoint, so you can deposit cash at over 40,000 locations in the UK!

Here’s how to make a deposit:

  1. Find your nearest Post Office or PayPoint location
  2. Let them know you’d like to add money onto your Tide card
  3. Hand over your Tide card and any cash you’d like to deposit
  4. They’ll swipe your card and hand you a receipt

Processing Times

Post Office deposits made before 6pm will be added to your account the next working day, deposits made after 6pm will take an additional working day.
PayPoint deposits will show in your account after about 10 minutes.

Fees and Limits

There is a £1 fee for a deposit at a Post Office, and a 3% fee on the total deposit value at PayPoint.
The fee is automatically deducted from the deposit at time of processing.

You can deposit between £10–500 each day. Other currencies aren’t supported at the moment.

You can deposit cash at any Post Office branch in the U.K. If you are having any issues you can show them this FAQ.

Can I have a monthly statement?

Yes! You can download a statement on the 4th of the following month.

Just tap More > Transactions > Statements, then select the months that you’d like to download a statement for.

Can I export my transactions?

You can export transaction data to CSV files directly from the app – we offer a few different formats to best suit your accounting needs.

The export button is located in the top right corner of your accounts page, directly under the card icon.

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A business bank account that's free, easy to open, and helps you start doing what you love.

Tide is about doing what you love. That’s why we’re trusted by 350,000+ UK businesses.

Open an account
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