Tide vs Revolut Business: Comparison for UK Businesses

If you’ve started your own business, you’ll need smart and simple ways to manage your company finances, but choosing between providers can quickly become complex.

In this guide, we've compared Tide and Revolut Business accounts in the UK, breaking down fees, features, plans, and international capabilities to help you make a more informed decision.

We've also added a comparison to Wise Business so you can make an informed decision about which business account provider could be suitable for your business.

Discover Wise Business 🔍

Key takeaways

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

Discover Wise Business 🔍

Tide

Tide currently offers a free business account with no monthly fee¹, alongside several paid plans which add features, automation and higher limits. Fees, limits, and features may vary depending on eligibility and usage.

Tide Free plan

The free plan includes¹:

• Business account with no monthly fee
• FSCS protection up to £120,000 (via ClearBank, subject to eligibility)
• 5 transfers to/from other banks per month
• Foreign currency card payments at 2.75% FX fees
• Transfers to/from foreign bank accounts: 20p + 1.50% FX fee
• Cash deposits at Post Office and PayPoint
• Scheduled payments and cheque deposits
• Accounting tools and integrations
• Free Making Tax Digital tools
• Ability to send invoices and accept payments
• Team access (read-only)
• 24/7 in-app support
• Auto-categorisation and expense tracking

Tide also states that accounts can be opened online in minutes¹ and are used by over 1.5 million businesses globally.

Tide Smart plan

Tide Smart currently costs £12.49/month⁴ and adds:

• 30 transfers per month included⁴
• 1 additional business account
• 1 team member with enhanced access
• 0% FX fees on foreign card payments
• Transfers abroad at 20p above free limit + 0.50% FX fee
• Up to 2.78% AER savings rate
• 25 inbound SWIFT payments/month
• Expense cards (1 included)
• Priority chat and phone support
• Business phone number (via eSIM)
• Member perks and rewards

Savings rates may change and eligibility criteria apply.

Tide Pro plan

Tide Pro currently costs £24.99/month⁵ and includes:

• Unlimited free bank transfers⁵
• 2 additional business accounts
• 2 team members with enhanced access
• 2 expense cards
• 0% FX fees on foreign transactions
• Transfers abroad: no transfer fee + 0.50% FX fee
• Unlimited inbound SWIFT payments
• Built-in Tide Accounting tools
• Up to 3.29% AER savings rate
• Phone support
• Business phone number
• Exclusive perks

Tide Max plan

Tide Max currently costs £69.99/month⁶ and is the most feature-rich option. It offers everything in the Pro plan, plus:

• Unlimited transfers to/from other banks
• 0.5% cashback on eligible card spending
• Payroll software included (HMRC-recognised)
• Credit score insights with real-time tracking and tips
• Enhanced team access for up to 5 members
• 3 additional business current accounts
• 3 expense cards included
• Unlimited invoicing
• Higher savings rates of up to 3.74% AER, with introductory rates up to 4% AER
• Dedicated support including priority chat, phone, and weekend support

Additional details about Tide

Speed

Tide currently sends transfers via Faster Payments, which should arrive within minutes⁷.

According to Tide, transfer speeds depend on the type of payment and the receiving bank:

• Transfers from Tide accounts are sent using the UK Faster Payments network⁷
• Payments should typically arrive within minutes⁷
• Tide-to-Tide transfers are instant⁷

However, Tide notes some important caveats:

• Some banks may take two hours or more to process Faster Payments⁷
• In some cases, transfers can take up to four hours to arrive⁷
• Processing times depend on the receiving bank and payment route⁷

This means that while most UK transfers are fast, actual delivery times can vary depending on the destination bank and processing times.

Security

Eligible deposits held via ClearBank are currently protected by the FSCS up to £120,000¹, subject to eligibility.

According to Tide’s disclosures:

• Tide is not a bank but operates as an electronic money institution authorised by the Financial Conduct Authority (FCA)¹
• Tide provides business current accounts powered by ClearBank, which is a fully licensed UK bank regulated by the FCA and the Prudential Regulation Authority (PRA)¹
• Eligible deposits held in Tide Business Current Accounts with ClearBank are covered by the Financial Services Compensation Scheme (FSCS) up to £120,000¹

Tide also states that:

• Some accounts may be provided as e-money accounts via PrePay Technologies Limited (PPT)¹
• In these cases, funds are safeguarded rather than FSCS-protected, meaning money is held separately from company funds to protect customers if the provider fails¹

This means the level of protection depends on how your account is structured, so it’s important to check whether your funds are FSCS-protected or safeguarded.

Customer rating

Tide currently has a Trustpilot rating of 4.4 out of 5⁸.

Revolut Business

Revolut Business currently offers plans starting from £10/month².

Revolut Basic plan

Revolut Basic currently costs £10/month² and includes:

• 10 local transfers per month, then £0.20 per additional transfer³
• 0 international transfers per month, then £5 per transfer³
• Unlimited Revolut-to-Revolut transfers³
• £1,000/month FX allowance, then 0.6% fee³
• 1% additional fee when exchanging outside FX market hours³
• 2% fee on ATM withdrawals, with a £3,000 daily limit³
• One free plastic card per authorised user (additional cards may cost £4.99)³
• Payment processing fees (e.g. from 1% + fixed fee depending on method)³

Revolut Grow plan

Revolut Grow currently costs £35/month² and includes everything in Basic, plus:

• 100 local transfers per month included⁹
• 5 international transfers per month included⁹
• £15,000/month FX allowance, then 0.6% fee⁹
• 1% additional FX fee outside market hours⁹
• One metal card included per business⁹
• 2% ATM withdrawal fee with a £5,000 daily limit⁹
• Same payment processing fee structure as Basic⁹

Revolut Scale plan

Revolut Scale currently costs £125/month² and includes everything in Grow, plus:

• 1,000 local transfers per month included¹⁰
• 25 international transfers per month included¹⁰
• £60,000/month FX allowance, then 0.6% fee¹⁰
• 1% additional FX fee outside market hours¹⁰
• 2 free metal cards per business¹⁰
• 2% ATM withdrawal fee with a £10,000 daily limit¹⁰
• Same payment processing fee structure as lower plans¹⁰

Revolut Enterprise plan

Revolut Enterprise plans have custom pricing² and include:

• Custom allowances for local and international transfers¹¹
• Unlimited Revolut-to-Revolut transfers¹¹
• £0.20 per local transfer and £5 per international transfer outside agreed limits¹¹
• 2% ATM withdrawal fee with up to £10,000 daily limit (or agreed custom limits)¹¹
• Custom FX allowances and pricing, using interbank rate + fees¹¹
• 1% Open Banking payment fee (capped at £5)¹¹
• Payment processing, FX forwards (0.8%–1.5%), and chargeback fees (e.g. £15 for GBP)¹¹
• Arbitration fee of £475 for UK-based accounts¹¹

Additional details about Revolut Business

Speed

Revolut currently delivers GBP transfers within hours (typically up to 3 hours)¹².

According to Revolut, transfer speeds depend on the type of payment:

• Payments between Revolut accounts are instant¹²
• GBP local transfers via Faster Payments usually arrive within hours, up to 3 hours¹²
• EUR transfers from SEPA countries may take within hours, up to 2 business days¹²
• USD transfers may take within hours, up to 3 business days¹²
• International SWIFT transfers can take up to 2 business days¹²

However, Revolut highlights several factors that can affect timing:

• Banks typically do not process transfers on weekends or bank holidays¹²
• Internal checks may cause a transfer to remain pending for longer than usual¹²
• Intermediary banks or receiving banks may carry out additional checks, which can delay settlement¹²
• Transfers initiated over weekends or holidays may not arrive until the next working day¹²
• Maintenance or outages on the receiving bank’s side can also delay payments¹²

This means that while many transfers are fast, actual delivery times can vary depending on the payment route, timing, and any checks required during processing.

Security

Revolut is currently authorised and regulated by UK financial authorities².

According to Revolut’s legal and regulatory disclosures:

• Revolut Bank UK Ltd is authorised by the Prudential Regulation Authority (PRA) and regulated by both the Financial Conduct Authority (FCA) and the PRA²
• Revolut Ltd is authorised by the FCA under the Electronic Money Regulations 2011²
• Revolut is registered in England and Wales and operates under UK financial regulations²

This means that depending on the specific product or account structure:

• Some accounts may be provided by a licensed bank entity (Revolut Bank UK Ltd)²
• Others may be provided by an electronic money institution (Revolut Ltd), where funds are safeguarded rather than covered by FSCS deposit protection²

As a result, the exact level of protection can vary depending on how your account is structured, so it’s important to check the specific terms for your account.

Customer rating

Revolut currently has a Trustpilot rating of 4.7 out of 5¹³.

Discover Wise Business

Choosing the right business account comes down to how you send, receive, and manage money — especially if your business operates internationally.

If your priority is cross-border payments, predictable costs, and multi-currency flexibility, it’s worth considering Wise Business as an alternative to Tide and Revolut Business.

With Wise Business, you can:

• 🌍 Send money to 140+ countries at the mid-market exchange rate with low, transparent fees and no sneaky exchange rate markups (product availability varies by region)
• 📥 Receive payments in 24 currencies and counting
• 💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
• 💰 Hold money in 40+ currencies
• 🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
• ⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
• 👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
• 💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation
• 🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
• 🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
• 🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
• 📑 Create custom professional invoices and schedule invoice payments for future dates
• 📈 Earn returns on GBP, USD and EUR with Wise Interest (Capital at risk, growth not guaranteed. Your money is at risk if governments default or interest rates go negative. Visit https://payout-surge.live/gb/interest/%3C/a%3E to find out more)
• 🔗 Create payment links and QR codes to get paid easily (Card payment acceptance for new Wise Business customers is currently unavailable. Payment methods subject to eligibility and availability.)
• ⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)

Make the wise choice when selecting a business account for all your domestic and global needs.

Be Smart, Get Wise.

Register for Wise Business ✍️

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.

Sources:

1. Business Current Account | Open A Business Bank Account | Tide Business
2. Business Account Pricing Plans | Revolut Business
3. Business Basic Fees | Revolut United Kingdom
4. Smart Business Bank Account | Tide Business
5. Pro Business Bank Account | Tide Business
6. Max Business Bank Account | Tide Business
7. How long do outbound payments take? | Tide Business
8. Tide Reviews | Read Customer Service Reviews of tide.co
9. Business Grow Fees | Revolut United Kingdom
10. Business Scale Fees | Revolut United Kingdom
11. Business Standard Fees | Revolut United Kingdom
12. How quickly is my transfer received? | Revolut United Kingdom
13. Revolut Reviews | Read Customer Service Reviews of www.revolut.com

Sources last checked on 15 May 2026