Tide · Fintechs and neobanks
Tide Business Account review
Tide is built for small UK businesses that want banking and admin in one app: invoicing, expense tools and integrations with Xero, QuickBooks, FreeAgent and Sage. The free plan charges 20p per UK transfer, and paid plans add included transfers and higher savings rates.
Who Tide is best for
Sole traders and small companies wanting invoicing and businesses using Xero, FreeAgent or Sage.
High-volume businesses making many transfers.
Tide is built for small UK businesses that want banking and admin in one app: invoicing, expense tools and integrations with Xero, QuickBooks, FreeAgent and Sage. The free plan charges 20p per UK transfer, and paid plans add included transfers and higher savings rates.
Fees, features and eligibility
| Interest on balances | Tiered Instant Saver; rate rises on paid plans |
|---|---|
| Monthly fee | £0 (Free); paid plans available |
| Transfers | 20p per UK transfer on the free plan |
| FX and international | 0.5% FX fee |
| Account type | Fintech account (e-money via ClearBank) |
| Deposit protection | Funds held through ClearBank |
| Currencies | GBP |
Source: Tide published product information.
What stands out
Pros
- Built-in invoicing
- Accounting integrations
- Free plan
Cons
- 20p per transfer on the free plan
- E-money rather than a bank
Tide: common questions
Is Tide free?
The free plan has no monthly fee, but UK transfers cost 20p each.
Does Tide integrate with accounting software?
Yes, with Xero, QuickBooks, FreeAgent and Sage.
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