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How to add and manage additional accounts

An additional account sits under your main Tide Business Current Account, and is there to help you better manage your finances.

Open an additional account

Open an additional account

What you can use your additional account for

They're a great way to set money aside for things like marketing or payroll. You can also use them to separate your capital expenditure from daily expenses.

Additional accounts can't be used to:

Who can open an additional account

Who can open an additional account

If you’re on a paid plan, you can open up an additional account:

  • Smart plan: 1 free additional account

  • Pro plan: 2 free additional accounts

  • Max plan: 3 free additional accounts

Open your account

  1. Tap Pay > All accounts > Add account

  2. We’ll ask you for your business details, such as your registered business name and the purpose of the additional account

  3. Verify your ID with a fingerprint or face recognition, and your account will be created automatically

Manage your additional accounts

Manage your additional accounts

View your additional accounts

  1. Tap Pay

  2. Choose your additional account from your stacked accounts

  3. Scroll to see your account details

View your statement

Statements for additional accounts are issued on the 4 of the month. If you'd like one with a custom date range:

  1. Tap your initials in the top-left corner

  2. Tap Profile and Settings > Bank account > Statements and documents

  3. Tap Account Statements > Custom date range

  4. Select the date range you need and download the statement

Change your account limits

You can request increases for your account balance, monthly transfer and per-transaction limits:

  1. Tap Pay and select your account from the stacked accounts

  2. Tap Details > Account limits > Request limit increase

  3. We'll review your request and let you know the outcome

  4. Find it by tapping the Support icon > Messages

Closing your additional account

Closing your additional account

Step 1: Reduce your balance to £0

Move all money from your Tide account to an account of your choosing.

This is different to a common scam in which fraudsters ask you to move money.

In a scam, fraudsters will tell you which account to move your money to.

When you're closing your Tide account, you can choose where to move your money to.

Tide will never tell you where to move your money.

Step 2: Download any statements you need

  1. Tap the Profile icon > Profile & Settings > Bank account

  2. Tap Statements and documents > Account statements

  3. Select the month(s) you'd like to download

  4. Tap Share to save your document as a PDF

Step 3: Cancel any ongoing payments

Your scheduled payments, such as direct debits, will need to be cancelled and set up again in your new account.

You can also close your account and open a new one using the Current Account Switch Service (CASS). This will automatically set up most of your scheduled payments in your new account.

Step 4: Close your account

  1. Tap Pay and select your account from the stacked accounts

  2. Scroll to the bottom and tap Request account closure

If you’re paying for your additional account, cancel before the end of the current month. If you close the account on or after the 1st of the following month, we’ll collect the monthly fee for that month.