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COMPARE TIDE VS ALDERMORE

Choose Tide business savings as an alternative to Aldermore

Undecided between Tide and Aldermore? Here’s some of the exclusive benefits we offer here at Tide:

  • No need to switch bank accounts

  • Deposit just £1 to get started and access funds at any time

  • Earn up to 4% AER on unlimited deposits*

Open a business savings account See how we compare

Our business savings accounts are FSCS-protected, provided by Clearbank. 

*Save more, earn more—up to 4% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For more information, go to our Summary Box. Rates correct as of 07/11/2025.

What savings account best suits my business needs?

With a huge range of savings accounts on the market, it’s important to consider the unique needs of your business to find the right fit.

How much do you want to save?

Savings accounts offer different interest rates based on how much you save. At Tide, you can earn up to 4% AER when you make large deposits.

Need to access funds frequently?

Check the conditions and limits of the savings account you choose – if you don’t want your money tied up, an instant access account is a good choice.

Looking for additional features?

Business savings accounts offer perks like introductory offers and tiered savings rates without the need to change your current account. Choose one that fits your business needs.

Tide vs Aldermore: How we compare

 
Tide
Starling
Aldermore

Savings interest rate

Up to 4% AER

3.50% AER

Account type

Instant Access

Instant Access

Interest paid

Monthly

Monthly/Annually

Minimum deposit

£1

£1,000

Withdrawal limits

None

None

Monthly fees

None

None

Quick and easy

Yes

Yes

FSCS protection up to £85,000

Up to £85,000

Up to £85,000

Switching current accounts required

No

Yes

Business bank account integration

Yes

Yes

How do our savings interest rates work?

Our savings account has tiered rates to suit your business needs. For the first 6 months, earn our best rate of up to 4% AER for FREE on your business savings.

Your savings rate depends on your deposit—save more, earn more. Each tiered rate applies only to the portion within that range. After 6 months, your rate adjusts to your chosen plan.

Your money is in safe hands with a Tide business savings account

At Tide, deposits of up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS) across all ClearBank accounts.

Limited companies can claim up to £85,000 separately for business and personal finances. Whereas sole traders have a combined limit of £85,000 across both types of accounts.

Open a business savings account in 3 easy steps

You can open a Tide instant access savings account by opening a Tide Business Account or connecting a pre-existing external business bank account in minutes.

  1. Download the Tide app

  2. Open a free business bank account or connect an external business account

  3. Complete the application and start saving

Open a savings account

Claire PedleyThe Poured Project

Once I’d filled in the application online, the account was active in about an hour. I can’t stress how easy Tide is to use.

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 1.5 million sole traders, freelancers, and limited companies worldwide.

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