How to open Tide business account 2025: In-Depth Review, Pros & Cons

Updated: 25 June, 2025 · 9 min read

Author

Tide is one of the UK’s newer business account providers when it comes to managing money as a business, but is the “tide” actually turning? (sorry, we couldn’t resist the pun). It already serves around 10% of the UK’s SMEs, with tools for everyone from freelancers to more established firms. In this review, we’ll run through the types of accounts available, the pros and cons, fees, and how Tide compares with other business account providers.

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Frequently asked questions

Frequently asked questions

Can I open a Tide business account online?

You must open a Tide account using your smartphone, rather than using the website.

How long does a Tide business account take to open?

It only takes a few minutes to set up your account. The verification process can take longer, but for most users, it takes place within 48 hours.

How do I close my Tide business account?

You can close your Tide account directly from the app. Just go to the “Payments” tab, press “details” next to the account you want to close, and request the closure of the account. Make sure you transfer out your balance and cancel any payments first.

How can I upgrade my Tide business account?

It’s simple to upgrade the plan on your Tide account. Just log into your account, navigate to “tools and services” then “memberships,” and select that you want to upgrade your plan.

How secure is the Tide mobile app?

The Tide mobile app offers various security features, such as two-factor authentication, the option to freeze cards through the app, and safe limits on transaction sizes.