Monzo vs Tide Go - VaultCue
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Neobank comparison

Monzo vs Tide Go

Compare Monzo and Tide Go side by side: fees, regulation, platforms.

Monzo

Monzo

Best for budgeting

Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape…

VS
Tide Go

Tide Go

Best for sole traders

Tide Go is a quick-to-open business account aimed at UK sole traders.

Head-to-head comparison

Monzo vs Tide Go
Feature Monzo Tide Go
Monthly fee Free Free
FX markup 0% 0.40%
Savings APY 3.50% -
Currencies 1 2
Card network Mastercard Mastercard
Deposit protection FSCS up to 85,000 GBP Safeguarded (FCA-authorised e-money)
Regulators - -
Best for Best for budgeting Best for sole traders
Markets & account

Pros & cons

Monzo

Monzo

Pros

  • FSCS-protected UK bank with award-winning budgeting tools
  • Spending categories, Pots and salary sorting built in
  • No card fee abroad at the Mastercard exchange rate

Cons

  • GBP-only, with a monthly free ATM cap abroad
  • Savings rates run through partner banks, not Monzo itself
Tide Go

Tide Go

Pros

  • Fast business onboarding
  • Invoicing and accounting links

Cons

  • Business-only
  • Safeguarded, not protected
Monzo

Monzo

Monzo turned budgeting into the headline feature of a current account. For UK users who want to see and shape their spending, nothing else comes close on usability.

Visit Monzo Read review

Confirm current fees and rates on the provider's site. T&Cs apply.

Tide Go

Tide Go

Tide Go is a quick-to-open business account aimed at UK sole traders.

Visit Tide Go Read review

Confirm current fees and rates on the provider's site. T&Cs apply.

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