Get £200 cashback plus 6 months free accounting when you open a Tide business bank account
Earn 0.5% on card spending
Get £50 when you refer a friend
Open a free Tide business bank account.
You can open an account through the Tide website, providing details about yourself and your company.
Enter the promo code.
As part of the sign up process, you'll be asked to enter the code to get your cashback.
Spend £1,000.
Once your account is up and running, you'll need to spend a minimum of £1,000 within 60 days to qualify for your £200 cashback reward.
Receive your £200 cashback + 6-month free accounting.
Once you've completed the above steps, Tide will transfer £200 cashback into your account, plus 6 months free accounting, usually within 6-8 weeks.
Tide is an all-in-one business current account aimed at small businesses that want an easy way to manage their day-to-day finances.
You can open a new account quickly and easily online or through the app. Once you download the app, you’ll find a bunch of useful tools to help you manage invoices and set up spending limits.
It’s not a “proper” bank, which does have some drawbacks – like the fact your business won’t be able to accept cheques. Payments by cheque are in decline, but there’s always a chance this could cause an issue if you have a client who insists on paying in a particular way.
On the plus side, even though it’s not a bank, Tide’s partnership with ClearBank (which is an authorised bank) means your funds will be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
If you have a Tide account, you can use your referral code and both earn a £50 voucher.
Check out the main pros and cons of Tide below to find out more.
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