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Tide vs HSBC: Compare business bank account features
HSBC
 Tide (Free) |  HSBC | |
|---|---|---|
Quick and easy | ||
100% online | ||
Card delivery | 2-5 business days | Within 7 business days |
Replacement cards | Free | Free |
Monthly fees | £0/month | Free for 12 months, then £6.50/month |
Transfer fees | 20p | Free |
ATM withdrawals | £1 | 0.60% of value |
Cash deposits at the Post Office | £2.50 | 1.50% of value deposited |
International transaction fees | 1.50% | 2.75% |
Business savings account | Up to 4% AER | 1.57% AER |
Company formation | ||
FSCS protection up to £85,000 | ||
Business loans | ||
Accounting integrations | ||
Invoicing | 3/month | |
Payment links | ||
POS card machines | ||
| ||
Expense Cards | ||
Virtual Cards | ||
Member perks + discounts | ||
In-app chat support | ||
Phone support | ||
Fraud hotline |
Comparison of free business bank accounts
Open a free business bank account online in minutes
Download the app Tell us about your business and verify your identity Your account is approved and ready to go in minutes - your card will arrive in a couple of days
Security built in
Two-factor security
Easily freeze lost or stolen cards
Check recipient details with Confirmation of Payee
Open a Tide account and unlock our free business tools
Payment Links
Auto-categorisation
Virtual Cards
Apple/Google Pay
International Payments
CSV exports and more
Do more than just banking at Tide
Tide is much more than a business bank account – discover our additional tools that make running a business seamless.
Tide Accounting
Business Savings
Tide Card Reader
Business Loans
Why switch to Tide?
Make manual admin a thing of the past – use the Current Account Switching Service to move your existing business account to Tide effortlessly. Switching is completely free, and Tide takes care of everything, so you don’t have to. Simply enter your old bank details – the rest is handled automatically, reliably, and without hassle.
Matt HerdBeaucroft Watches
Everything became digital, and Tide just made it so easy. Everything was easy to set up. We didn't need tremendous amounts of paperwork or history to set up an account.
How we compare
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