How to Switch to Tide from Another Bank in 2025

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Introduction

Making the decision to change your business bank account can feel daunting, but in 2025 it’s easier than ever to move from your old provider to a modern, digital-first bank like Tide. Whether you’re a sole trader, a limited company director, or running a growing SME, understanding how to switch to Tide will help you take advantage of streamlined banking, low fees, and valuable rewards.

Tide has grown into one of the UK’s most popular challenger banks for small businesses. With its intuitive mobile app, smart invoicing tools, integration with accounting software, and commitment to reducing admin for entrepreneurs, it’s become a go-to option for those who want more control over their business finances. For many, switching to Tide means faster payments, easier bookkeeping, and clear visibility of cash flow.

And if that wasn’t enough, in 2025 Tide is also offering up to £200 cashback when you switch and open an account using promo code STARTUP200. That’s not just a smooth banking experience – it’s money back in your pocket for getting started.

In this guide, we’ll walk you through everything you need to know about making the move: from why business owners are switching, to the step-by-step process of transferring your account, to FAQs and details of the cashback promotion. If you’ve been wondering how to move bank to Tide, or if a Tide business banking switch is right for you, this is your ultimate resource.

👉 Open your new account today with Tide Business Account and use code STARTUP200 to claim up to £200 cashback.

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Contents

Why Switch to Tide in 2025

For sole traders and SMEs in the UK, the banking landscape has changed dramatically. Traditional banks have been slower to innovate, while digital-first challengers like Tide have focused on simplicity, automation, and customer-first features. Switching in 2025 means you can:

  • Access accounts fully online, without visiting a branch.
  • Automate admin with expense categorisation and invoicing.
  • Benefit from integrations with popular platforms like Xero, QuickBooks, and Sage.
  • Reduce fees compared to legacy business accounts.

For many entrepreneurs, the decision to switch isn’t just about saving money – it’s about freeing up time to focus on growing their business.

👉 Ready to make the move? Open your Tide Business Account today and use STARTUP200 for up to £200 cashback.

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Benefits of a Tide Business Account

A Tide account isn’t just a place to store money – it’s a tool built to help you run your business more efficiently. Some standout benefits include:

  • Quick setup: Most accounts can be opened within minutes, subject to checks.
  • Smart invoicing: Generate and send invoices directly from the app.
  • Expense management: Automatically categorise expenses and attach receipts.
  • Multi-user access: Add team members with permission controls.
  • Tide accounting integrations: Save hours by linking directly with your accounting software.
  • Transparent pricing: Clear monthly plans for different business needs.

These features make Tide a strong choice for small businesses that want banking and admin tools in one place.

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How to Move Bank to Tide: Step-by-Step

Here’s the process for moving your business account:

  1. Apply for a Tide account
    Visit Tide’s site or download the app. Have your ID, company registration (if applicable), and business details ready.
  2. Verify your details
    Tide will run standard security and identity checks. For most UK-based businesses, this is completed quickly.
  3. Fund your account
    Make your first deposit to activate the account.
  4. Set up payment details
    Update suppliers, clients, and payroll with your new Tide sort code and account number.
  5. Close or reduce usage of your old bank
    Once funds and transactions are successfully moving through Tide, you can close your old account.

This Tide account transfer is much simpler than traditional bank switching, where paperwork and in-branch visits can delay the process.

Tide Account Transfer vs. Traditional Bank Switching

Traditional banks rely heavily on the Current Account Switch Service (CASS). While CASS is helpful, it can take up to 7 working days and often requires manual intervention.

With Tide, you’re in control:

  • Faster setup: Most accounts opened within hours.
  • No branch visits: 100% digital onboarding.
  • Flexible switching: You choose whether to fully close your old bank or run them side by side.

For entrepreneurs who want to switch to Tide quickly, this flexibility is a major advantage.

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Switching to Tide UK: What You Need to Know

When you decide to switch to Tide UK, you’re not just moving to another business account – you’re choosing a platform built specifically for entrepreneurs, sole traders, and SMEs. Tide is regulated by the Financial Conduct Authority (FCA) and works with ClearBank to provide secure and reliable account infrastructure. This means you get the same level of protection and reassurance you’d expect from a high-street bank, but with the speed and innovation of a digital-first provider.

Here are some of the key benefits when completing your Tide business banking switch:

  • FSCS protection: Eligible deposits are protected up to £85,000 under the Financial Services Compensation Scheme. This gives you peace of mind that your funds are secure when you switch to Tide UK.
  • UK-based accounts: Every Tide account comes with its own UK sort code and account number, making a Tide account transfer straightforward and hassle-free. You can update your suppliers and clients with your new details immediately.
  • Visa debit card: Every account includes a Tide business debit card, accepted worldwide. This means you can spend confidently at home or abroad, while enjoying clear visibility through the Tide app.

But security and infrastructure aren’t the only considerations. When you switch to Tide, you’re also gaining access to a platform that eliminates many of the frustrations of traditional banking. Account opening is quick and 100% digital, support is accessible directly from the app, and fees are transparent.

For UK startups and growing SMEs, switching to Tide UK is both safe and practical. You get the reassurance of regulation and deposit protection, combined with modern tools that make running a business simpler. If you’ve been wondering how to move bank to Tide, this section should reassure you that the process is not only easy, but also backed by strong safeguards.

👉 Ready to make the move? Open your Tide Business Account with code STARTUP200 and earn up to £200 cashback after switching.

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Documents Required for a Tide Business Account

Depending on your business structure, you’ll need:

  • Sole traders: Valid photo ID (passport or driving licence) and proof of address.
  • Limited companies: Director ID, proof of address, and Companies House details.
  • Partnerships: IDs and details for all partners.

Having documents ready will make your Tide business banking switch faster and smoother.paying a small monthly fee unlocks features that save hours of admin—time that could be reinvested into growth.

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Costs, Fees, and Pricing Plans

Tide offers multiple tiers:

  • Free Plan: Basic account with no monthly fee.
  • Plus Plan (~£9.99/month): Priority support, more transfers included.
  • Pro Plan (~£18.99/month): Advanced features and legal helpline.
  • Cashback Plan (~£49.99/month): Cashback on card spend, tailored for higher-volume businesses.

Transaction fees vary by plan. Always review current pricing on Tide’s website as fees may be updated.integrations transform the bank account into a hub of digital business banking UK, centralising financial management.

Integrations and Tools for SMEs

A big advantage of Tide is how it reduces admin:

  • Accounting software: Direct integration with QuickBooks, Xero, FreeAgent, and Sage.
  • Payment processors: Connect with Stripe, PayPal, GoCardless.
  • API access: For developers who want to automate custom workflows.

This ecosystem makes Tide attractive for startups who want a bank that works alongside their existing tools. practice digital challengers often exceed traditional institutions in security transparency and customer communication.

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Common Challenges When Switching and How Tide Solves Them

Many sole traders and SMEs hesitate when they think about moving banks, often worried that the process will be slow, confusing, or disruptive. But when you switch to Tide, the experience is very different. A Tide business banking switch is designed to be fast, digital-first, and stress-free. Whether you’re concerned about payments not transferring correctly, long delays in account approval, or hidden fees, switching to Tide UK helps remove those barriers. Below are some of the most common challenges business owners face when changing accounts — and how a Tide account transfer solves them.

1. Losing track of payments:
When you switch to Tide, you don’t need to worry about missed payments. Tide lets you set up standing orders and direct debits quickly, making a Tide account transfer seamless and reliable. This ensures suppliers, staff, and subscriptions continue without disruption.

2. Delayed account approval:
One of the biggest frustrations with traditional banks is waiting days or even weeks for approval. With a Tide business banking switch, onboarding is usually completed within hours, helping sole traders and SMEs get started faster than with high street providers.

3. Unclear fees:
Legacy banks often surprise businesses with hidden charges. By switching to Tide UK, you benefit from transparent pricing across all plans, so you always know what you’re paying for. This clarity makes a Tide account transfer more predictable and cost-effective.

For many small businesses, these solutions make the decision to switch to Tide a practical and stress-free choice in 2025.

👉 Take advantage today: Open your Tide Business Account with promo code STARTUP200 and earn up to £200 cashback.

Promotion Conditions: £200 Cashback with STARTUP200

Here’s how the 2025 promotion works (subject to change – always check the latest T&Cs):

  • £75 cashback when you spend £100 on your Tide card within 30 days of opening the account.
  • Additional £125 cashback when you deposit and hold £5,000 in a Tide Instant Saver account for at least 30 days.
  • Use promo code STARTUP200 when opening your account to qualify.

Eligibility: UK-registered businesses only. Sole traders and limited companies accepted. One cashback reward per new customer.

Disclaimer: Offers subject to eligibility and may change. Always review Tide’s current T&Cs before applying.

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General FAQs About Switching to Tide

How do I switch to Tide from my old bank?

You open a Tide account, update your payment details, and transfer funds. The process is digital and usually faster than traditional banks.

Do I need to close my old bank account to use Tide?

No. Many businesses keep both accounts open initially. Once you’re comfortable, you can close your old bank.

What’s the promo code for £200 cashback?

Use code STARTUP200 when signing up via this link.

Is the cashback guaranteed?

You must meet spending and saving conditions to qualify. Once conditions are met, cashback is paid directly into your Tide account.

How long does a Tide account transfer take?

Most businesses are approved within hours. Document verification may take longer if additional checks are required.

Can sole traders use Tide?

Yes, Tide is popular with sole traders who want an easy-to-use account without complex banking requirements.

Is Tide FSCS protected?

Yes, deposits up to £85,000 are protected through ClearBank.

Are there monthly fees?

Tide offers a free plan, plus paid tiers with added benefits. Fees depend on your chosen plan.

Can I integrate Tide with my accounting software?

Yes, integrations with QuickBooks, Xero, and Sage are available.

Does switching to Tide affect my credit score?

No hard credit check is usually required; Tide uses identity and business verification checks instead.

Can I open more than one Tide account?

Yes, you can open multiple accounts for different business purposes.

How do I claim the £200 cashback?

Open your account with promo code STARTUP200, spend £100 in 30 days, and hold £5,000 in Instant Saver for 30 days.

What happens if I don’t meet the promo conditions?

You won’t qualify for cashback, but you can still enjoy Tide’s benefits.

Can I switch to Tide UK if I’m not a UK resident?

Tide accounts are designed for UK-registered businesses. Non-UK residents may not be eligible.

Is Tide a bank?

Tide is an e-money account provider partnered with ClearBank, offering UK business accounts with debit cards, direct debits, and FSCS protection.

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Recap

For entrepreneurs, sole traders, and SMEs across the UK, knowing how to switch to Tide in 2025 can make a huge difference in the way you manage your finances. The process of a Tide account transfer is quicker and simpler than moving to a traditional bank, and the benefits are immediately clear: smart tools, seamless integrations, and transparent pricing.

This guide has shown you how to move bank to Tide, what documents you need, and how to get started with the Tide business banking switch. By using Tide’s digital-first platform, you reduce admin, save on hidden fees, and access modern features that help your business grow. Unlike the outdated systems many high-street banks rely on, switching to Tide UK gives you a smooth, app-based experience designed for the modern entrepreneur.

Perhaps the most compelling reason to switch is the limited-time promotion: by opening your account with code STARTUP200, you can unlock up to £200 cashback. That’s money back into your business, simply for making the move.

In short: if you want a bank that works as hard as you do, then learning how to switch to Tide should be at the top of your to-do list this year.

👉 Open your Tide Business Account here with STARTUP200 and claim up to £200 cashback today.

Conclusion: Why 2025 Is the Year to Switch to Tide

The UK’s business banking landscape is shifting fast, and entrepreneurs are demanding more from their providers. Traditional banks, with their long queues, slow processes, and outdated technology, are no longer meeting the needs of agile startups and growing SMEs. That’s why thousands of business owners are choosing to switch to Tide in 2025.

With Tide, you don’t just open an account – you unlock a smarter way to run your business. From rapid setup and intuitive apps to expense tracking and accounting software integrations, the platform is designed to save you time. A Tide business banking switch means no hidden fees, no unnecessary paperwork, and no wasted hours. Instead, you get transparency, speed, and control.

We’ve also covered exactly how to move bank to Tide, what the Tide account transfer process looks like, and why switching to Tide UK is safer and easier than ever. For UK sole traders and SMEs, it’s a chance to step into a banking system that’s built for growth and simplicity.

Add in the exclusive £200 cashback offer when you apply with promo code STARTUP200, and the decision becomes even more rewarding. By spending just £100 in your first 30 days and holding £5,000 in your Instant Saver, you can boost your business finances from day one.

So don’t let outdated banking slow you down. Make 2025 the year you finally switch to Tide – and give your business the smart, digital-first account it deserves.

👉 Apply for your Tide Business Account today with promo code STARTUP200 and claim up to £200 cashback.

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