How to track your expenses with Budgets

Use Budgets to organise your finances – set money aside from your main Tide account into separate "pots" with their very own balance.

This guide shows you how to:

Set up your Budgets

Manage your Budgets

Anyone can use Budgets

Admin, use it to

Stay in control by creating Budgets to keep track of your expenses

Save money by setting an overall or per transaction limits for your Budgets

Budget for your team members by linking to individual team members' virtual cards

Team members, use it to

Plan your expenses by seeing your virtual card spending limit

Admin, set up your Budgets

Using Budgets is free and you can create up to 3 Budgets.

Fees may apply to new virtual cards you issue for your team members.

Budgets don't contribute to your additional accounts allowance.

Step 1: Create your Budgets

Go to the Payments tab and tap All Accounts

Tap + Add account > Budget account

Choose a nickname and icon

Tap Finish setup

Step 2: Enter your transaction limits

Once you've created your Budget account, you'll be guided to set up your transaction limits.

Enter your Overall spending limit by choosing the maximum amount that can be spent and and in what period (daily, weekly, or monthly)

Tap Save limit

Enter your Per transaction limit by choosing the maximum amount that can be spent per transaction

Tap Save limit

Step 3: Link your team members’ virtual cards to your Budgets

You'll then be guided to link your cards:

Under Team Cards tap Linked to this spending account

Under Link a Team member tap Add new team member or Select from an existing team member

Tap Save changes

Use virtual cards with your Budgets

Your Budgets track payments made with your virtual cards or your digital wallets (Apple Pay and Google Pay).

To start monitoring your payments, you'll need to order a brand new virtual card and link it to your Budget account.

Issue a virtual card for yourself

Tap Budget account > Cards > Order > Virtual card

Tap Customise the card and enter your personal details

Set the spending limit

Tap Link to your Budget account

Issue a virtual card for a new or an existing team member

Tap Admin > Products > View all > Team Cards

Select a team member and issue a virtual card

Link it to an existing Budget or create a new one

View your linked cards

Tap Payments > Budget account

Tap Cards

You can find out more about your team's virtual cards and fees here.

Manage your Budgets

Your Budget account is like a digital ledger – you can’t spend any money or make payments with it. That's why you'll need to use your main Tide account for any deposits or withdrawals.

Add or withdraw money from your Budget

In your app, you'll simply need to:

Tap Payments > Budget account > + Deposit or - Withdraw

Select from main Tide account to Budget account name

Enter the amount and tap Confirm

View your Budget account transactions

Tap Payments > Budget account

Tap Activity > View all

Select individual transactions to categorise them or add their receipts, tags, and your notes.

Closing your Budgets

Download your account statements by tapping Budgets > Select a Budget > Statements and Documents > Account statement

Cancel all virtual cards linked to your Budget account by tapping Cards > find your virtual card > Cancel without replacing

Delete your Budgets* by tapping Budget account > Edit Budget account details > Close Budget account

Your remaining money will automatically move back to your main Tide account

*This step is permanent and you won't be able to recover your past Budget account transaction history, so make sure you download your statements beforehand.