Tide Go
Pros
- Fast business onboarding
- Invoicing and accounting links
Cons
- Business-only
- Safeguarded, not protected
Neobank comparison
Tide Go vs Varo Bank
Compare Tide Go and Varo Bank side by side: fees, regulation, platforms.
Tide Go
Best for sole traders
Tide Go is a quick-to-open business account aimed at UK sole traders.
VS
Varo Bank
Best US high-yield neobank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured w…
Head-to-head comparison
| Feature | Tide Go | Varo Bank |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 0.40% | 0% |
| Savings APY | - | 5% |
| Currencies | 2 | 1 |
| Card network | Mastercard | Visa |
| Deposit protection | Safeguarded (FCA-authorised e-money) | FDIC up to 250,000 USD (Varo Bank, N.A.) |
| Regulators | - | - |
| Best for | Best for sole traders | Best US high-yield neobank |
| Markets & account | ||
Pros & cons
Varo Bank
Pros
- Real national bank charter with direct FDIC insurance
- One of the highest savings APYs among US neobanks
- Fee-free overdraft and early direct deposit
Cons
- Top savings rate needs qualifying activity to unlock
- USD-only and US-resident only
Tide Go
Tide Go is a quick-to-open business account aimed at UK sole traders.
Confirm current fees and rates on the provider's site. T&Cs apply.
Varo Bank
Varo is the rare US neobank that holds its own national bank charter, so deposits are directly FDIC insured while the savings rate stays at the top of the table.
Confirm current fees and rates on the provider's site. T&Cs apply.
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