Tide Go review

Tide Go pays 1.5% to 4% at a variable rate on balances. The account is listed as easy access, so the rate can move rather than being locked for a term. Balances can start from a minimum deposit of £1.

The monthly fee is £0 and the account is billed as no monthly fee, so the running cost is nil for anyone parking a reserve. There is no term to serve, which means the 1.5% to 4% band is the only figure worth tracking once the money is in.

Deposits are covered by FSCS up to GBP 85,000. Tide Go is regulated in the UK by the FCA under reference 900843 and by the PRA under 754568, and the account is run by Tide Platform Limited.

The access terms give instant access with no notice period and no limit on withdrawals. Transfers are made online through the Tide app, and the money lands in the Nominated Account only, so anything you withdraw stays inside the Tide setup.

Support runs on email, help centre and community, which means email, a help centre and a community space rather than a phone line. A problem with a business reserve will therefore need a written trail, so keep your account details ready before opening a thread.

Tide Go is aimed at UK businesses that already bank with Tide and want a reserve sitting next to their current account. The minimum deposit of £1 keeps the entry point low, and the easy access label suits money that may be needed quickly.

No. The account is listed as easy access with a variable rate, so there is no fixed period to serve and the 1.5% to 4% band can shift. Readers who want to lock a return for a set period should look at a fixed rate product instead.

Wise publishes a single savings rate of 3.29%, while Tide Go works on a 1.5% to 4% band. bunq sits between them at 3.01%, so the pick depends on whether you prefer a fixed published figure or a band that moves with rates.