Does Tide offer bank accounts?

Yes!paid plans you can open up to 3 additional current accounts under your main account to organise your finances for different purposes. For example – marketing, supplies, or salaries. 

We offer FSCS-protected bank accounts provided by ClearBank Ltd.

ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 754568. Eligible deposits with ClearBank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. For further information visit fscs.org.uk.

For Registered Businesses: 

• If you’re on a paid plan, you can open up to 1, 2, or 3 additional accounts - depending on your membership. Members on our Free plan can’t open new additional accounts.

• If you’ve opened additional accounts before these changes, we’ll charge you £4.99 per month, for each existing account above the limit of your current plan. This also applies if you downgrade to a plan with lower allowance. If you want to open new additional accounts, you can do so only at a paid plan according to its limit

For Sole Traders:

• We’ve recently made additional accounts available for Sole Traders on a paid plan, too. Whether it’s 1, 2 or 3 accounts will be determined by the membership plan. 

Whether you are on a free or on a paid plan, it's always free to open a:

• Main Tide Business Current Account

• Tax Account under your main account – if you’re subscribed to Tide Accounting Extra

• Tide Instant Saver account – to earn interest on your savings.