Recommend Tide with confidence
Tide have been amazing... The ability to setup an account in less than 5 minutes is a game changer
Tide makes our on-boarding process even better - a perfect partner that our clients love!
Our clients have easy banking - and we are adding more value - exactly what we were looking for.
Our clients love how fast and efficient opening a business current account with Tide is!
With Tide, our time-poor clients open accounts in minutes!
We’re not a bank we're better
1 in 12 business current accounts opened in the UK was with Tide, within a year of our launch.
From consultants to cupcake makers, coders to coat makers, glass-blowers to graphic designers, Tide is banking for modern businesses.
We’d love to have you on board.
We’ll make admin easier for your client
Tide is the perfect alternative to high street banks for limited companies and sole traders.
Your clients will enjoy:
- Free account opening in as little as 5 minutes
- UK sort code and account number
- Free contactless Mastercard
- Mobile and web access
- Direct debits and standing orders
Joining the partner programme
How can I become a Tide partner?
Simply fill in our partner signup form. If you qualify for partnership, the partnerships team will be in contact within the next few days to setup a call and get the ball rolling.
After this, we’ll send you a landing webpage that you can use to refer clients. It’s as simple as that, the setup only takes a few minutes and you’re good to go.
Who can become a Tide partner?
A typical Tide partner is an accountant, company formation agent, consultant, courier company, food delivery service (or anyone else that works with a number of Sole Traders / Limited Companies) that they would like to refer to Tide.
Please note, the partnerships team deal with accession partnerships only - we do not handle product partnerships or offerings.
Is there a cost to becoming a Tide partner?
No, it’s completely free.
Do I have to refer a minimum number of clients as a partner?
Not at all, you can refer a million clients or none at all. We’re just there to save you and your clients time, as and when you need us. You are under no obligation to refer.
Will I need to sign a partner agreement?
Nope - the programme is non committal.
What are the benefits of the Tide partner programme?
- 1 year of free transfers for each client that signs up using your referral code
- A dedicated Partnerships Manager to help you and your clients with any banking questions
- A prioritised on-boarding service for your clients
- Access to the Account Reader dashboard for ongoing read-only access to your clients transactions
Will Tide refer their members to me?
This isn’t the sort of partnership that we are able to promote at the moment, but watch this space!
Can I put my Tide partner information on my website?
Definitely, we can send you a special partner logo, and will provide you with any images and content that you need. We kindly ask you to refrain from uploading our image and video assets to your own YouTube channel or Social Media without our permission. If you don’t have time to put this together yourself, we have a template you can use for your website, containing all the important information.
Referring clients to Tide
How do I refer clients to Tide?
You’ll be given a landing webpage and referral code that you’ll use to refer clients to Tide. This will enable us to track your clients and give them a prioritised on-boarding service and the other partner benefits.
If my clients have any issues with signup, or their account in general, what can I do to help?
You will have your own dedicated Partnerships Manager. Just drop them an email and they’ll be right on the case to assist.
Which sort of businesses can get a Tide account?
If your client is the director of a company registered with UK Companies House, your client will be eligible for a Registered Business account. UK-based sole traders and freelancers with a valid UK residential address who are registered with HMRC are eligible for a Sole Trader account.
For both account types, your client needs to be aged 18 or above, have a valid UK phone number, and hold a device registered to a UK App or Google Play store.
We’re on a mission to help businesses owners spend less time on money admin, and we want to enable as many small businesses as possible to do that.
But it’s a balancing act: we can’t take on too many accounts that are in high risk industries as that means we’re not able to focus our time and energy on the rest of our members.
As a result and going forwards, we will not be offering current accounts to businesses in the following industries:
- Trading of cryptocurrencies
- Trading of precious metals and stones
- Money services (such as foreign exchange, loan providers, money transfers)
- Casinos, prize draws and other betting or gambling activities
- Sale of unlicensed pharmaceuticals
- Sale or trade of cannabidiol (CBD) products
- Trading of weapons, explosives or armaments
- Unlicensed trading and processing of scrap metal
- Unlicensed waste management
- Sale, import and export of used vehicles or heavy machinery
- Escort services and other services in the adult industry
- Bidding fee auctions
- Unregistered charities and charities that aren’t incorporated
You can read more about this in our blog post: Providing financial security for our members.
Can a charity open an account with Tide?
Yes! All charities must be registered with both the Charity Commission and with Companies House UK to be eligible for a Tide account.
Unfortunately we're unable to on-board CIOs at this stage.
Can my Sole Trader clients get a Tide account?
Yes - as long as they are registered with HMRC!
What fees will my clients be charged?
We don’t charge monthly or annual fees for our current account.
Your clients only pay for what they use:
Bank transfers (in or out): 20p
Payments between Tide accounts: Free
Card transactions home and abroad: Free
Cash withdrawals: £1
Cash deposits (through the Post Office): £1
Cash deposits (through PayPoint): 3% of the total transaction value
Can my clients who live internationally get a Tide account?
Yes! Applicants who are not based in the UK may apply for a Registered Business 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.
Your clients will need to switch their App or Google Play store to the UK to download the Tide app.
Features for my clients
Do you offer overdrafts?
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.
Can my clients get a business loan?
Yes, we’ve partnered with Iwoca to bring business loans. Your clients can 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.
Can my clients pay in cash or cheques?
Your clients can pay cash into their Tide account by taking their cash deposit and Tide card to their local Post Office or PayPoint. For more information on cash deposits, including fees and maximum deposit amounts visit our pricing page.
Unfortunately, we’re not able to accept cheques. Some of our members choose to deposit these cheques into their personal accounts, and transfer the funds across to their Tide accounts. If your clients have received a cheque from HMRC, they can return the cheque to HMRC and instead request a cash transfer to be made into their account.
Can my clients login to their account from a desktop?
Yes! Your clients can access your account from a desktop at web.tide.co by using the QR code scanner found within your Tide app.
Can I make payments on behalf of my clients?
No, but you can have read-access of their full transactional data, available for download whenever you like!
Is my client’s money safe?
Yes. Tide’s banking services are provided by PrePay Solutions, who are regulated by the FCA via an e-money license.
Our members’ funds are kept in a protected Safeguarding account, meaning that they can never be loaned out to other customers and, as such, are not exposed to risk. As your client’s funds will never be reinvested, they do not require FSCS protection (which is only required where banks reinvest and take risks with your money).
In the unlikely event of Tide’s insolvency, the service would continue to run as normal under management of PPS (our card issuer and account provider). Funds will be available to draw down at all times as they are safeguarded according to the rules stated above.
Can my clients make and receive international payments?
Not yet. Payments can only be made to UK accounts unless your client opened a Tide International Currency Account, which we’re currently rolling out to members with limited companies.
If your client has a limited business account and would like to register their interest in accessing the ICA feature, they can let us know by chatting to our support team in the app.
Does Tide carry out credit checks?
No! To open a current account, we perform electronic checks (run by third-party services) to verify your client’s identity and comply with UK anti-money laundering regulations. While these checks will not impact your client’s credit score, they will appear on your client’s credit report.
If I don’t use an accounting software, how can I view my clients transactional data?
We can set you up on the Account Reader dashboard - for ongoing read-access of your clients transactions, available for download in any .csv format
How to connect Tide to Xero
Here is our step by step guide, for your clients to setup the Xero <> Tide integration.
How to connect Tide to Sage
Here is our step by Step guide for your clients to setup the Sage <> Tide integration.
How to connect Tide to FreeAgent
Here is our step by step guide for your clients to setup the Tide <> FreeAgent integration.