Snapshot
Wise Business and Tide compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
Wise Business figures as of 2 March 2026Tide figures as of 2 March 2026Last reviewed 2 March 2026
General information, not financial, legal, or tax advice. There is no single best account. The right fit depends on your business. Verify current terms and eligibility with each provider before applying.
Wise Business and Tide suit different businesses. Use the comparison below to weigh account type, fees, currency support and eligibility against how your company operates, then confirm the latest terms with each provider. Figures are shown as of 2 March 2026.
Wise Business vs Tide at a glance
| Feature | Wise Business | Tide |
|---|---|---|
| Account type | Multi currency business account for sending, receiving, and holding money internationally. Wise is a financial technology company and not a bank, and holds customer funds with partner institutions. | Business current account from a financial technology company, through partner arrangements. |
| Who it suits | Businesses that pay or get paid in several currencies and want mid market exchange rates and local account details abroad. | 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. |
| Monthly fee | No ongoing monthly fee. A one time fee to open the account varies by country, for example about 31 United States dollars in the United States and about 50 British pounds in the United Kingdom. As of 2 March 2026. | Free plan with no monthly fee. Smart is about 12.49 pounds a month, Pro about 27.49 pounds a month, and Max about 69.99 pounds a month. As of 2 March 2026. |
| Transaction fees | It is free to receive money in most cases, and sending or converting currency generally starts around 0.33 to 0.43 percent of the amount depending on the currency route. As of 2 March 2026. | The free plan charges a small fee per transfer in and out, while paid plans include a number of free transfers. Cash deposits carry a fee. As of 2 March 2026. Verify the current schedule with Tide. |
| FX fees | Currency conversion uses the mid market rate with a transparent percentage fee that varies by currency pair, typically from about 0.33 percent. As of 2 March 2026. | International payments are available with currency charges that vary. As of 2 March 2026. Confirm current fees with Tide. |
| Minimum deposit | No minimum opening deposit beyond the one time account opening fee where it applies. As of 2 March 2026. | No headline minimum opening deposit is published. As of 2 March 2026. Verify with Tide. |
| Multi currency | Yes. Hold 40 or more currencies and get local account details in several currencies such as United States dollars, euros, and British pounds. As of 2 March 2026. | Primarily a sterling account, with international payment features available. As of 2 March 2026. Confirm current multi currency options with Tide. |
| Integrations | Connects with accounting tools such as Xero and QuickBooks and offers a business API. Confirm current integrations with Wise. | Invoicing, expense, and accounting tools, with connections to common accounting software. Confirm current integrations with Tide. |
| Eligibility | Open to limited companies, sole traders, partnerships, and certain trusts. Whether you qualify depends on company type, country of registration, and industry. Note that the Wise Business debit card is not currently issued in the United States. As of 2 March 2026. Verify with Wise. | 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 2 March 2026. |
| Broadly available in | Many countries across Europe, the United States, Canada, Asia and Oceania, with feature and balance availability varying by country. As of 2 March 2026. | United Kingdom. As of 2 March 2026. |
Use the table to weigh the differences. Wise Business and Tide tend to differ most on account type and currency support, so match those to how your business moves money, then confirm the latest fees and eligibility with each provider.
Open a business account
Both providers accept business customers in their supported markets. Fees and eligibility shown as of 2 March 2026. Confirm current terms with the provider before applying.
Visit Wise Business → Visit Tide →Questions about Wise Business and Tide
Which is better for my business, Wise Business or Tide?
It depends on your needs. The table on this page compares Wise Business and Tide on account type, fees, currency support, eligibility and availability using each provider's published terms. Weigh those against how your business operates, then confirm current terms with each provider. This is information, not advice.
Can I open both Wise Business and Tide?
Often yes, subject to each provider's eligibility rules. Some businesses keep more than one account, for example one for everyday banking and another for currency conversion. Check eligibility with each provider before applying.
Are the fees on this page current?
Each figure is shown with the date it was recorded. Wise Business and Tide figures are shown as of 2 March 2026. Fees and eligibility change, so confirm current terms with each provider before you apply.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 2 March 2026. Confirm current terms with each provider before applying.