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Tide | Caroola

Switch to Tide and earn £100 plus 3 months free on any Tide plan*

Make the switch to Tide today to benefit from having all your banking in one place!

We’ll give you £100 cashback plus 3 months free on any Tide plan when you open a Tide account and spend £100 in the first 30 days of account opening*.

Access a business account complete with simple payment solutions, built-in accounting, and a dedicated savings account that earns you up to 4% AER variable interest on your business savings.**

Just use the code: CAROOLA

*T&C's apply Privacy Policy

Switch to Tide
Tide Business Current Accounts are provided through our partner, ClearBank. To find out more, read our T&Cs. For more information on our Tide Instant Saver Account, check out our Summary Box.

**The more you save, the higher the rate—up to 4.22% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate applies. For more information, go to our Summary Box.

Why switch to Tide?

Save time

Manage your finances in one place, on the go and straight from the app

Get paid faster

Create, track and send personalised invoices, and generate payment links

Business savings

Earn up to 4.5% AER variable on your capital with our Tide Instant Saver Account *T&Cs apply.

Simple bookkeeping and taxes

Use our simple built-in accounting software or connect your account to Xero, Sage, and more

Apply for business loans

Get funding through our trusted partners without impacting your credit score

Control company spend

Eliminate manual admin and set spend limits with Tide Expense Cards

Switch to Tide

A switch you can rely on

When you switch business bank accounts, your old account will be closed and your payments and balance will be transferred to Tide.

It's safe

CASS comes with a guarantee – all payments from your old account will be made and if anything goes wrong, you won’t be left in the lurch.

It's easy

CASS makes switching your bank account simple, reliable, and hassle-free. Payments, such as standing orders and other regular transactions, will be moved to your new account.  

It's fast

We'll need a few basic details from you to get the ball rolling. The switch itself can take up to 7 working days.

Switching business bank accounts is as easy as 1, 2, 3

  1. Enter the details for the account you want to move to Tide

  2. Pick a switch date that suits you

  3. Sit back and let us handle the rest.

Need help switching?  Call our dedicated switching team on 0204 538 8443 and we’ll help get you started

Switch to Tide

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.

Switching business bank accounts FAQs

The Current Account Switch Service will take care of payments up until seven working days before your switch date. If you want to make new payment arrangements during this seven day period, you’ll need to do it on your new account.

Switching accounts in the UK is free however not all current accounts are free to open and may charge a monthly fee. At Tide, you can open a free business bank account and switch without incurring any fees.

Whilst we don’t offer overdrafts, we’ve partnered with Iwoca to bring you business loans – allowing you to apply for up to £150,000 of credit straight through the app, which can be used as an alternative to a traditional overdraft. Your clients can apply straight through the app, on the home screen. For more information visit our business loans page.

The Current Account Switch Service makes switching your current account simple, reliable and stress-free.

Over 10 million current accounts have been switched so far and over 50 banks and building societies are already part of the service.

The Account Switch Service Guarantee means your new bank will switch your payments and transfer your balance, and your old bank will take care of closing your old account. So you don’t need to worry.

All banks and building societies that display the Current Account Switch Guarantee Trustmark will follow the same switching process and must offer the same guarantees.

You can read more about the guarantee here.

Help, my question isn’t answered here Find answers to all our most frequently asked questions about opening & switching a bank account here.

Business account for all your business needs

Tide is about doing what you love. That’s why we’re trusted by 500,000+ sole traders, freelancers and limited companies throughout the UK

Switch to Tide