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Tide Platform S.A. review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Tide suits businesses and freelancers who want a monthly fee of £0 and a variable savings rate of 1.5% to 4%. It ranks first on monthly fee among 500 brands, and the offer is built around quick access rather than long terms.

Key facts

Best for
A business account with no monthly fee and easy-access savings paying a variable rate.
Monthly fee
£0↗
Deposit protection
FSCS up to GBP 85,000↗
Currency conversion fee
0% to 2.75%↗
Local account details
IBAN, UK-sort-code↗
Free ATM withdrawals
£0↗
Transfer fee
5 free UK bank transfers per month on the Free plan, then chargeable; EUR SEPA GBP 1 per payment on the Free plan↗
Legal entity
Tide Platform Limited↗
Headquarters
United Kingdom↗
Founded
2017↗
Support channels
Help-centre, Chat, Email, Phone↗
Audience
Business, Freelancers
Pricing model
No monthly fee
Features
Digital-only, No credit check
Official website
tide.co

Savings

Headline rate
1.5% to 4%↗
Rate type
Variable↗
Minimum deposit
£1↗
Access terms
Instant access; no notice period; no limit on withdrawals; online via Tide app or tide.co, into Nominated Account only↗
Account kind
Easy access↗

Facts checked September 26, 2026, 6 sources

Apps and profiles

Get the app
Google Play
Elsewhere
WikidataWikipediaLinkedInXTrustpilotfacebook.com

Pros and cons

Pros

  • A variable rate of 1.5% to 4% on an easy-access savings account, with instant access and no notice period.
  • Deposit protection of FSCS up to GBP 85,000 under both UK regulators.
  • Support runs on help centre, chat and email, so phone, email, chat and an online help centre are all available.
  • Local details include iban and uk sort code for UK and euro payment setups.

Cons

  • Conversion is the weak spot: fees run 0% to 2.75%, above the 0.5% median on the site.
  • The service is digital-only, so there is no branch counter to visit (digital only and no credit check).
  • The cash machine allowance is £0, so card withdrawals carry a charge.
Tide Platform S.A.

Ready to try Tide Platform S.A.?

Scored 9.0 / 10 by VaultCue.

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Who it suits

  • Businesses and freelancers who want the current account and easy-access savings run in the same app (business and freelancer).
  • Traders and limited companies that open an account without a credit check (digital only and no credit check).
  • UK businesses that want local sort code and IBAN details for UK and euro payments (iban and uk sort code).

Who should look elsewhere

  • Plazo ES, whose monthly fee is also €0, if cost is the only deciding factor.
  • Skrill, which also has a monthly fee of €0, for readers who want a business savings rate and FSCS cover alongside the account.
  • PayPal Colombia, with a monthly fee of $0, when a UK account with a variable savings rate is the priority.

Rates and terms

Tide pays a variable rate of 1.5% to 4% on the business savings account, which is an easy-access product rather than a fixed term. A variable rate can move with the base rate, so the return is not locked for a period, and a fixed deal is a different kind of product to weigh. Check the current band before you commit cash to it.

Fees and currency costs

The account carries a monthly fee of £0, and the pricing model is listed as no monthly fee (no monthly fee). Currency conversion fees run 0% to 2.75%, which is the number to watch if you invoice abroad. On transfers, the Free plan includes a limited number of UK bank transfers each month before charges apply, and euro SEPA payments carry a charge per payment.

How Tide Platform S.A. compares

Where Tide Platform S.A. is available

Available
United Kingdom
Licence in United Kingdom
Financial Conduct Authority (FCA) (900010), checked September 26, 2026
Licence in United Kingdom
Prudential Regulation Authority (PRA) and FCA (754568), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does the Tide business account cost?+

The monthly fee is £0 and the pricing model is listed as no monthly fee (no monthly fee). Currency conversion is the charge to plan for, with fees run 0% to 2.75%. The cash machine allowance is £0, so taking cash out carries a charge as well.

Are my deposits protected if Tide fails?+

Deposits sit under the FSCS, with protection of FSCS up to GBP 85,000 in the UK. The account is held by Tide Platform Limited, which is based in the UK (GB), and the scheme applies to eligible deposits held in the account.

Which regulators supervise Tide?+

Tide is authorised by the Financial Conduct Authority and regulated by the Prudential Regulation Authority alongside the FCA, both in the UK. The FCA licence is registered as 900010 and the PRA and FCA licence as 754568.

What interest do I earn on the business savings account?+

The savings account pays a variable rate of 1.5% to 4%, so the return follows the base rate rather than being fixed. It is an easy-access account (easy access) with a minimum deposit of £1, which suits cash you may need to move quickly.

Can I get my money out when I need it?+

Access is instant, with no notice period and no limit on withdrawals, handled online through the Tide app or the Tide website. The catch is that withdrawals go only to the nominated account, so the easy-access savings pot (easy access) is tied to the business current account.

How many UK bank transfers are included each month?+

On the Free plan a limited number of UK bank transfers each month are included, and further transfers are chargeable. Euro SEPA payments carry a charge per payment on the same plan. The monthly fee itself is £0, so the transfer allowance is the part to budget around.

Who is the Tide account built for?+

Tide is aimed at businesses and freelancers (business and freelancer), and opening skips a credit check, which is part of the features listed under digital only and no credit check. Accounts are opened and run in the app rather than at a counter, and support runs on help centre, chat and email.

How do I reach Tide support?+

Support runs on help centre, chat and email, which covers phone, email, chat and an online help centre. Because the service is digital-only (digital only and no credit check), phone and chat are the practical routes for anything urgent. Email and the help centre suit less urgent questions.

Sources

  • tide.co/about checked September 26, 2026

    Backs: Founded

    “Tide launched in the UK in 2017 and rapidly scaled to 200,000 members by 2020”

  • tide.co/business-current-account checked September 26, 2026

    Backs: Audience, Features, Pricing model

    “trusted by over 2 million sole traders, freelancers, and limited companies worldwide”

  • tide.co/business-current-account/compare-business-bank-ac... checked September 26, 2026

    Backs: Free ATM withdrawals

    “ATM withdrawals: Tide (Free) GBP 1”

  • tide.co/business-savings-account checked September 26, 2026

    Backs: Access terms, Account kind, Minimum deposit, Rate type

    “Yes. This is an instant access account. No notice for withdrawals is required and withdrawals can be made at any time. There is no limit on withdrawals”

  • tide.co/contact checked September 26, 2026

    Backs: Support channels

    “Help Centre ... In-app chat ... Email hello@tide.co ... Phone 159 (UK)”

  • tide.co/features/international-payments checked September 26, 2026

    Backs: Local account details, Transfer fee

    “you can find your International Bank Account Number (IBAN) and Bank Identifier Code (BIC) in the Tide app”

  • tide.co/pricing checked September 26, 2026

    Backs: Deposit protection, Currency conversion fee, Headline rate, Headquarters, Legal entity, Monthly fee, Licences

    “International card payments: 2.75% FX fee (Free), 0% FX fees (Smart, Pro, Max)”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type, Currencies.

Tide Platform S.A.

Tide Platform S.A.

A business account with no monthly fee and easy-access savings paying a variable rate.

9.0/10See alternatives