Use our Tide referral code to get up to £200 free

If you're a UK-based business looking for a fast, reliable and modern business banking solution, Tide is one we highly recommend and one we use ourselves at FounderPass.

We've been using Tide for our own company banking for over 4 years now and have found it incredibly useful for day-to-day operations, from managing invoices to categorising transactions and monitoring cash flow. It's designed specifically with small businesses, freelancers and limited companies in mind, making it a great fit for founders who want a simple yet powerful alternative to traditional banks.

With over 1 million UK businesses already using it, it's become one of the leaders in the sector and a popular choice

We’ve partnered directly with Tide to bring you an exclusive Tide offer and as Tide users ourselves, we’ve tested and confirmed it works.

When you sign up using our Tide referral code FOUNDER200, here’s what you can unlock:

• £200 cashback - Open a Tide business current account, spend £100 on your Tide card within 30 days, and deposit £5,000 into your Tide Instant Saver account within 7 days of opening. Keep the funds in the account for at least 30 days to qualify.
• £75 cashback - If you don’t want to open the Instant Saver account, you can still get £75 by simply spending £100 on your Tide card within 30 days of opening your account.

Because we work directly with Tide, you can be confident this referral code is valid, approved, and safe to use.

What you get with a Tide business account

As a founder of a business it's always key to make sure you know what you'll get with a business account, ensuring you know whats included, what costs and more is essentially so you don't get hit with surprise fees.

With your Tide business account you'll get:

• No setup or monthly fees
• 1 year of free UK bank transfers (when you meet the basic eligibility criteria)
• Free business Mastercard with no UK or foreign usage fees
• FSCS-protected account (through ClearBank)
• Access via mobile and web
• Fast setup - account approval typically within 24–48 hours (when we've opened accounts its taken much less time)

The features aren't just limited to the above, there's many others that make it a great choice for the 1 million+ businesses that use it every year, you can read all about them on their website.

How to Open a Tide Account

We've opened multiple Tide accounts over the years and each time the process has been fast, simple and painless. The process was a breeze in comparison to other business accounts, some of which have taken weeks to open)

Opening your account takes just a few minutes and can be done entirely through the app.

Here’s how it works:

1. Visit Tide either directly or via us (this helps you get our exclusive offer) and download the app
2. Enter personal and business details
3. Enter our referral code: FOUNDER200 during the sign up process.
4. Verify your identity with a scan of your ID and a selfie
5. Wait for approval which can take anything from near instant to 48 hours
6. Start using your account and once you've met the terms of this offer you'll get your reward.

You’ll get instant access to your account details, and you can send or receive payments as soon as your account is activated, meaning you can get on with business quickly.

How can I access my account?

Although Tide are mobile-first, you can still access your account on a desktop/laptop, this is done by visiting the Tide website and scanning the QR code on your phone within the Tide app. You'll then be able to see your account on your browser, but it's important to note that you will need your phone that is logged into your account to do this.

This can be a downside to this company, because if you don't have your phone and want to login via a laptop/computer there is no way to do this, so bear this in mind when signing up.

Forming a new Ltd company

If you haven't opened a limited company yet and want to, you may want to do it via Tide themselves as they will waive the fee that this normally costs via Companies House (£12), you can do this alongside opening your account. This is another example of how the company are a startup supporting company.

In most cases, people will join who already have an existing business registered or a new business but one that is already registered, either way you'll be able to get access to our offer when you join.

Why we use Tide at FounderPass

As a UK based business we switched from one of the major high street banks (HSBC) to Tide because we needed something faster, more flexible and better suited to the way we run our business. We were tired of poor service, technology that was outdated and stuck in the past and red tape that seemed to slow everything we wanted to do financially.

As such, we started looking to move banking at which we saw all of the 'challenger' business such as Starling, Monzo and this company, after assessing all the different plans, accounts and features we found that Tide fitted without needs the best out of all of them.

There were many reasons but the core were that the opening of an account could be done in minutes, pricing was fair and clear, the app was intituive and easy to use and we also had a referral code which we used that gave us a boost when we did so.

Other factors that swayed us include:

• A business account built for modern founders
• Transparent pricing with no hidden fees
• Reliable and easy to use app
• Support was quick when we needed it
• Additional services they offer including cashback and business perks were geniune

In short, Tide does what a business bank account should do without the admin headaches, it fitted our needs perfectly and it continues to fit many other businesses. As with any decision like this though, you'll need to assess if Tide is right for your business needs before signing up.

Tide referral program - Share & earn

Once you've opened your business account, you’ll unlock the option to refer others through their official refer-a-friend program, you’ll receive a unique referral link or code inside the app, which you can share with friends, colleagues, or other founders looking for a new business banking solution. When someone signs up through your link and meets the required eligibility criteria, both you and your referral can receive a reward.

Note: The referral program terms are separate from the FounderPass cashback offer. You can view the full details and requirements directly in the Tide app under the referral section. Make sure to read these carefully before sharing, so you know what’s required on both sides.

Frequently Asked Questions

Is this offer only for new customers?

Yes, the cashback offer is available only when opening a brand-new Tide account. You can’t apply it to an existing account. However, if you’re starting a new business and registering a new company, you can use the offer for that business.

How do I know if I’m eligible?

If you’re a UK-based sole trader or limited company opening a new business account, you’re likely eligible. Just ensure you meet the requirements listed on Tide's website when applying.

Can anyone open a Tide business account?

The accounts are available to UK-based business owners operating as sole traders or limited companies. Eligibility is subject to standard KYC checks, and full requirements can be found on Tide.co

Who owns Tide?

Tide is a leading UK-based financial technology platform providing business banking services. Accounts are regulated by the Financial Conduct Authority (FCA) and are provided through trusted partners like ClearBank and PrePay Solutions (PPS), ensuring FSCS protection where applicable.

Can anyone use your Tide referral code?

Any new customers of Tide can use our referral code, just make sure you fit the eligibility and read the terms of the Tide.co site to make sure you know exactly what is required to get this bonus before joining.

Can I open more than one Tide account?

Yes, you can open up to four Tide accounts per registered business. If you run multiple companies, you can also open accounts for each of those. This makes it a great option for founders managing multiple ventures.