Tide is a United Kingdom business account from a financial technology company, with banking services provided through partner arrangements. It offers a free plan and paid plans, and is built for sole traders and small limited companies in the United Kingdom.
- Who it suits
- Sole traders and small limited companies in the United Kingdom that want a free or low cost account with invoicing and admin tools in an app. Some business structures and industries are not accepted.
- Broadly available in
- United Kingdom.
- Headline monthly fee
- Free plan at no monthly fee; paid plans from about 12.49 pounds per month, as of 11 October 2026.
- Account type
- Business current account from a financial technology company, through partner arrangements.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Tide is a financial technology company offering business accounts in the United Kingdom through an app, with banking services delivered via partner arrangements. It provides a free plan with no monthly fee and several paid plans that add features such as more free transfers and admin tools. Tide focuses on invoicing, expense, and account management features aimed at small businesses. As of 11 October 2026 it serves sole traders and small limited companies, while several business structures and industries are not accepted.
Strengths
A free plan with no monthly fee. Built in invoicing and admin tools aimed at small businesses. Quick app based onboarding. Directors of limited companies can have a home address in the United Kingdom or overseas. Sole traders need a United Kingdom home address.
Limitations
Available only in the United Kingdom. Tide lists only sole traders, freelancers and limited company directors as eligible, and a list of restricted industries is not accepted. Cash deposits carry fees. Verify current plan features and excluded business types with the provider.
Fees and features
| Monthly fee | Free plan no monthly fee; Smart about 12.49 pounds per month; Pro about 27.49 pounds per month; Max about 69.99 pounds per month, as of 11 October 2026. |
|---|---|
| Transaction fees | The Free plan includes 5 bank transfers a month, Smart includes 30, and Pro and Max include unlimited transfers. Beyond the allowance each transfer in or out costs 20 pence. Post Office cash deposits cost 2.50 pounds for up to 500 pounds, and PayPoint deposits cost 3 percent. Verify the current schedule with the provider, as of 11 October 2026. |
| FX fees | Card payments in a foreign currency carry a 2.75 percent fee on the Free plan and no FX fee on Smart, Pro and Max. Fees on international transfers vary by plan. Confirm current fees with the provider, as of 11 October 2026. |
| Minimum deposit | No headline minimum opening deposit is published. Verify with the provider, as of 11 October 2026. |
| Multi currency | Primarily a sterling account, with international payment features available. Confirm current multi currency options with the provider, as of 11 October 2026. |
| Integrations | Invoicing, expense, and accounting tools, with connections to common accounting software. Confirm current integrations with the provider. |
| Eligibility | You must be at least eighteen, have a United Kingdom mobile number, and be registered with HMRC as a sole trader or with Companies House as a limited company, with a valid address. Some business types and industries are not accepted, as of 11 October 2026. |
Open a Tide business account
Availability and fees vary by country. Check the Tide by country pages below for your market, then confirm current terms with the provider. Shown as of 11 October 2026.
Visit Tide →Tide by country
Questions about Tide
Is Tide a bank?
Does Tide have a free business account?
Who can open a Tide account?
How much do Tide paid plans cost?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with Tide before applying.