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Tide Logo
Tide Logo
Tide Logo

BUSINESS BANK ACCOUNT

Smart business banking with no monthly fee

Open a business account

Everything you need from your free business bank account

With over 1.5 million freelancers, contractors, and scaling businesses trusting in Tide worldwide, we’re committed to building you the best business bank account to help you set up your business smoothly.

£0 /month

Only pay for what you use, with low transaction and ATM fees.

FSCS-protected

Up to £120,000 protected by the Financial Services Compensation Scheme.

24/7 support

Start a chat and get help in the app anytime, 365 days a year.

Deposit cash

At any post office or PayPoint location.

Auto-categorisation

We automatically tag your income and spending. Customise the labels to suit your business.

Switch hassle-free

Switch your business bank account to Tide in a few taps

Open a free business bank account

Our business bank account is packed with features to save you time and money

International payments

Send and receive international payments in a few taps.

Accounting and tax tools

Connect your own accounting software or export transactions to share with your accountant. Use our free Making Tax Digital tools to file your taxes stress-free.

Easily receive payments

Get smart payment options however you sell, from invoicing, payment links and Tap to Pay on iPhone, to our card reader for in person payments.

Manage expenses

Simplify expenses with virtual cards for secure spending online, expense cards for team spend and Apple or Google Pay compatibility.

Team access

Grant flexible access to your team, co-directors, or accountant. Paid plans offer enhanced access from £12.49, while read-only access is free.

Earn interest

Access our Tide Instant Saver Account to earn up to 4% AER (variable) on your capital for the first 4 months. After this period get the rate of your chosen plan. *T&Cs apply

See all features

Try a paid plan for free

Sign up for one of our paid plans today and get 1 month free*. Unlock more features to better manage your finances, like Expense Cards, free transfers and priority in-chat & phone support.

Benefits and perks

Tide members get access to exclusive partner discounts and offers with Member Perks, specially selected to help your business grow.

What’s more, our partnership with Mastercard affords you access to additional Mastercard-led discounts and cashback.

A plan for every stage

 Start simple, then unlock more tools, automation, and support as your business grows.

 
Free
Free

Essential tools for getting started. No plan fee.

Open an account
Smart
£12.49/m

For businesses moving beyond admin.

Pro
£27.49/m

For growing businesses wanting more control.

Max
£69.99/m

Built to make scaling simpler.

Everyday banking
Bank account
UK card payments
Bank transfers
 5/month 30/month Unlimited Unlimited
Direct Debit payments
ATM withdrawals
Cash and cheque deposits
Additional business current accounts
 - 1 2 3
Payments made powerful
International card payments
 2.75% FX fee 0% FX fees 0% FX fees 0% FX fees
International bank transfers
SWIFT payments
SWIFT payments (foreign currency)
CHAPS payments
- 2 2 5
Grow your money and get paid
0.5% cashback
 - - -
Tide Instant Saver
 2% AER 2.5% AER 3% AER Up to 3.75% AER
Tide Instant Saver Intro*
 Up to 4% AER Up to 4% AER Up to 4% AER Up to 4% AER
Payment Links
Tap to Pay
Credit Score Insights
 - - -
Elevate your business
Business Phone Number
 -
Exclusive perks
 -
Manage your team
Team Cards
 - 1 2 3
Team Access
Simplify admin
Xero Connector
 -
Accounting
 - - Tide Accounting Admin Extra
Invoicing
 3/month 3/month 3/month Unlimited
Third-party accounting integration
Free Making Tax Digital tools
Payroll software
 - - -
The support you need
Customer support
Fraud helpline

*Save more, earn more - up to 4% AER (variable). Interest rates are tiered. For full details, see our Summary Box.

Open a free business bank account online in minutes

Business banking with Tide is easy.

  1. Download the app

  2. Tell us about your business and verify your identity

  3. Your account is approved and ready to go in minutes - your card will arrive in a couple of days

Open a business account

Security built in

Two-factor security

Easily freeze lost or stolen cards

Check recipient details with Confirmation of Payee

Compare our business bank account to other banks

See how we stack up against other high street and challenger banks, in one click.

Compare free business accounts

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.

Am I eligible for a Tide business bank account?

Applying for a free business bank account with Tide is quick and easy, whether you’re a sole trader or running a limited company. There’s no hard credit check and it’s all done within minutes in the app.

You must be over 18

Have a UK-based business

Show valid photo ID

Upload a selfie photo

Open a free account

Independent service quality survey results

Business current accounts Published Feb 2026

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 17 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*).

The results represent the view of customers who took part in the survey.

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

 View all Survey Results

Free business bank account FAQs

No, Tide isn’t a bank.

Tide is a business financial platform and the leading provider of digital business banking services in the UK. We are regulated by the Financial Conduct Authority (FCA) and offer e-money accounts, provided by PrePay Solutions (PPS), as well as business bank accounts, provided by ClearBank.

We believe that this model gives us the opportunity to provide a wider range of products and services to our members, helping them to save time (and money) on their financial admin.

Yes! However, you must have a UK residential address and phone number. Applicants who are not based in the UK may apply for a business bank account, as long as they are directors of a company registered with UK Companies House. In some cases, we may have to complete additional checks in order to process your application.

Don’t forget – you’ll need to switch your App or Google Play store to the UK to download Tide.

You can now digitally deposit cheques using the Tide app. You can’t deposit cheques at the bank or the Post Office. 

We only support cheques made out in GBP. Other currencies won’t be accepted. 

Just a heads up – you can only deposit your cheques if your sort code is 04-06-05.

See how to make a digital cheque deposit over on this page.

Help, my question isn’t answered here Find answers to all our most frequently asked questions about opening an account

We understand businesses, it's all we do

Tide is built by business owners for business owners. That’s why we’re trusted by over 2 million sole traders, freelancers, and limited companies worldwide.

 Open an account