What are Tide’s transaction fees for using Tap to Pay on iPhone with the Tide app?

You'll pay a fee* of 1.65% for each transaction - we won’t charge you any initial or monthly fees. This includes both domestic and international payments.

* Fees are subject to change but we’ll let you know in advance.

• Balance adjustments due to chargebacks, disputes or banking recalls (i.e. if someone paid into your account by mistake and asked their bank to recall the payment)

• Offline card transactions (i.e. purchases placed on a plane)

• Pre-authorised card transactions (when you have enough money in your account at the moment you authorised a payment, but you spend that money before it’s actually cleared)

• A refund reversal (when you have received a refund, but the merchant has reversed it after)

We’ll check your balance whenever we're authorising a card payment, but if you’re paying in a non-GBP currency, the cleared amount is subject to the latest exchange rate from Mastercard. If the cleared amount is higher, it’s possible for it to cause a negative balance.

If this happens, just top up your account to resolve the negative balance.