We’ve partnered with Tide, the UK’s leading business banking platform. Tide offers FSCS-protected business bank accounts with no monthly or annual fees, and no credit checks, so there’s no risk in trying out Tide alongside your existing account. As a Reform Financial customer you’re also eligible for £75 cashback in your new Tide account.

To get the limited £75 offer you must join up using referral code: REFORM£75.

During signup when entering your details there is a banner at the top that will automatically add the referral code. Once you have completed registration and verification (usually takes 5 minutes) you will get your bank sort code and account number.

To recieve your £75 offer you will need to spend £100 on valid card transactions, within 30 days of opening your account. Please see offer terms for details.

In short you have to be 18+ and a UK citizen.

Freelancers or Side-Hustler’s

You’ve got an awesome idea for a money-maker around your normal work or you are already making cash from freelance work or a side-hustle. You do not have to already be making money to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.

Sole Traders

You already run a business or want to get started with one but you don’t currently intend to set up a LTD company. From tradespeople to beauticians, personal trainers to musicians, and everything in between. You do not have to have started your business to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.

LTD Companies

You run a company limited by shares or are going to set one up. We also have another exceptional offer if you are about to incorporate your business into a limited company. It’s the same £75 welcome gift offer but we will also pay the £12 incorporation fee for you and save you all the hassle of setting up a business. You can find out more here.

Nope. The account is a business account, but we understand you may be testing the water or just have an idea for a business you want to start in the future. Whether you’re a first time side-hustler that wants to sell stuff on eBay, or a LTD company owner that’s been trading for years, the Tide business bank account was made for you!

Again, no problem, you can simply use your own name when it asks for ‘business name’, or you can come up with your own business name.

In 99.9% of cases the application process takes less than 5 minutes and all you need is a form of ID (passport or driving licence). You can use your own name when it asks for ‘business name’ if you like.

Every now and again Tide have to do a few extra checks to keep in line with UK Anti Money Laundering laws. If you haven’t been approved within 1 hour then this will be why. It’s nothing to worry about. Sometimes this will only take a few days to sort, but please note on the odd occasion it can take a couple of weeks. Sit tight and Tide will be in touch to help you get your account open. Expect a phone call or email from them.

Of course! It’s just like any other bank account that’s you have – as soon as the £75 hits your account it’s yours and you can do whatever you like with it!

No problem, you can message Tide customer care via the app and ask them to add the code to your account. Just make sure you do this within 7 days of signing up.

The Tide business current account is not your standard business bank account. As well as being FSCS-protected, the platform boasts an array of free extras including:

– Business Mastercard, with free purchases at home and abroad

– Automatic categorisation of your transactions for easy accounting

– Instant invoice payment and creation

– Up to £150,000 of credit, straight through the app

– Accountancy software integration

Nope. To open your account Tide perform electronic checks to comply with UK Anti Money Laundering regulations but these do not affect your credit score.

There’s absolutely no risk whatsoever to open a free Tide business current account. As previously mentioned, you can just set one up to try it out or have it ready for a future endeavor.

There’s also absolutely no tax implications from opening a free Tide business current account.

If at any point you decide you don’t want to keep your Tide account open (we can’t think of a reason why you wouldn’t) then you can simply shut it down with no questions asked.

Nope. You are legally allowed to earn £1k income per year without notifying anyone. It’s called ‘trading allowance’ and means unless you have income of at least £1k or more per year coming from business activities then you don’t need to file tax returns or have an accountant. The government examples are things like babysitting, dog walking, selling things online etc. In simple terms, if you grab our £75 welcome offer then you have another £925 to go before you would need to declare anything.

Of course, simply send them to the sign up page here.

We are aware how good this offer is! It won’t last forever. Make sure to tell your friends and family about it before it goes.