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Tide: Business Banking reviews

Name: Business Banking
Rating: 4.8 (5675 reviews)

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4.77

Based on 5,675 reviews, last reviewed 22nd Nov 2024

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

89%

Latest highest rating:

5

Very good At the moment no problem, not expensive for fees Reviewed on: 28th May 2024

Latest lowest rating:

1

5 years of unhappiness I am with Tide Bank since 2019. I am a Tide Plus member. The journey has not been that good so far. The debit card issued was not accepted by many mer... Read more Reviewed on: 22nd November 2024

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About this product

Want to read Tide Business Banking reviews from small business owners like you? Read them here on Smart Money People, where our community of reviewers share their experiences on things like charges on the account, availability of capital and customer service, and anything else to do with this innovative business banking account. Already used Tide's business banking account? Please post a quick review yourself, and help out other small business owners who are looking to decide if this is the right solution for their needs!

Tide Business Banking reviews (5675)

Review of the Tide, Business Banking:

THIS IS THE SECOND TIME TIDE HAS CLOSED MY ACCOUNT F...

THIS IS THE SECOND TIME TIDE HAS CLOSED MY ACCOUNT FOR ABSOLUTLY NOTHING, I HAVE SUPPLIERS THAT NEED PAYING AND ALSO STAFF WAGES. THIS IS CRITICAL WHEN BUISNESS BANKING, this company does not understand that they are no help in the chats and even less help oink email or phone. one day internet banking will be sufficient however at this point in time I regret my decision to use tide all together, my advice for people that are going to give tide a go, just don't do your research more than i did and don't take the risk of ''its only a few bad reviews'' if this happens to you you'll also have 6 staff members asking why they haven't been payed for the month and all walk out of work for something tide has done, time will tell but this has destroyed my business. bank has now been closed for over 6 days. no incoming or outgoing money can be got from the account. Reviewed on: 4th April 2024

Pause & closed my account without any explanation.

They paused my account without any explanation. It has now been closed with no explanation. I have had an email to say give me your account details and we will send you the money in the account less fees within 7 days. I emailed my details along with a copy of a bank statement of the bank account I want them to put the money in. I emailed for an explanation to which they replied I need to log into my account (which they closed that I no longer have access to) to speak to them in chat??????? I replied to ask how I do this when I cant access it anymore and the email reply was "in the chat we have asked for your bank details so please reply to this email with them." I have already sent a copy, what shambles they are??? I have lost business, customers have wanted their money back which I couldn't give them as they paused my account so the customer reported us for fraud and slander us all over social media, (we told the customer they would have their money back in full once this sorry state of affairs had been sorted with tide but this wasn't good enough so they insisted on fraud & slanderous accusations, we have proof they we agreed to a full refund once the account problems had been sorted). I will be reporting this to the police and financial ombudsman. STAY AWAY from this bank. They will take your money and never return it. As someone said before, your business and livelihood will be ruined if you bank with these thieves. Our Christmas and New Year was ruined as I wasn't able to work or make any money. It is criminal, we are trying to do what we can to pay bills but we are now in debt because of this and our business is ruined. Reviewed on: 10th January 2024

I am disappointed with Tide Bank's service.

I am disappointed with Tide Bank's service. I've been attempting to open a bank account and order a POS system for my fast-food startup for two months. Despite submitting all requested documents, I face daily requests for the same evidence. They persistently refuse to grant me a bank account, creating unnecessary hurdles for my business. It's incredibly frustrating, and it seems they are uninterested in supporting startups, despite my earnest efforts and compliance with their requirements. I would caution others to consider alternative banking options with more efficient and supportive processes. Reviewed on: 10th January 2024

Worst bank account

They paused my account on November 3rd with out telling me why and on 26th after 3 weeks they told me that they closing my account and today 16 December they have not refunded me my money Reviewed on: 16th December 2023

Avoid this sham of a bank

Offers zero protection against fraud. I'm over £2k out of pocket Reviewed on: 16th November 2023

STAY AWAY

Worst service I ever had.Tide made a payment to someone without me consent.When I contacted tide they replied that the third party showed us invoice.If someone show invoice will tide pay them without account holder permission??anyone know where to complain and what to do any help will be really appreciated thank you. Reviewed on: 19th October 2023

Rubbish service

Rubbish, they asked for all sort of proof and after 2 days saying it can't be approved , what the hell I just wanted an account to put my money in and they are using it till I need it , I didn't ask them for money , if I could put 0 stars that I would do . Reviewed on: 23rd September 2023

Disappointing Experience with Tide Bank

I must say that my experience with Tide Bank has been nothing short of a nightmare. This is by far the worst bank I have ever encountered, and I feel compelled to share my frustrations. First and foremost, I lost my card and promptly reported it to the bank. However, when I discovered that someone had used my card for two unauthorized transactions, Tide Bank showed no interest in helping me recover my money. Their lack of support in such a critical situation was extremely disheartening. Another glaring issue with Tide Bank is their absence of a notification service. Most other banks offer real-time notifications for card transactions, providing customers with peace of mind and security. Regrettably, Tide Bank falls short in this aspect, leaving their customers vulnerable to potential fraud. Furthermore, their handling of direct debit notifications is utterly inadequate. It seems like they do not prioritize informing their customers about incoming debits, which can lead to unexpected deductions from accounts. The customer service experience at Tide Bank is abysmal. If you have a complaint and decide to reach out via message, be prepared to wait nearly 48 hours for a response. This kind of delay is simply unacceptable, especially when urgent issues need attention. To top it all off, Tide Bank blocked a transfer from a company that had paid me for my work, causing significant inconvenience. Their excuse? A vague explanation about a "system issue." Waiting nearly two days to access my hard-earned money due to their internal problems was incredibly frustrating. In summary, I strongly advise anyone considering Tide Bank to think twice and explore alternative banking options. My experience has been marred by a lack of support, security features, and efficient customer service. Tide Bank is a financial institution to avoid at all costs. Date of experience: 05 September 2023 Reviewed on: 7th September 2023

Appauling Service - AVOID AT ALL COSTS

Appalling Service... my account has now been out of action for 40 days and i cant get to my money. Despite numerous messages and requests for a call from a manager (which I still haven't had), It's still not resolved.. Simply get the same useless rabbited responses from nameless individuals.. no customer service.. No care... nothing at all… Reviewed on: 26th June 2023

DO NOT USE THIS COMPANY

DO NOT USE THIS COMPANY. This is got to be the worst company to deal with. Keeps freezing my account for no reason. Staff have not got a clue what to do. You mail them and they take all day to get back to you but they do not help you. Reviewed on: 21st June 2023

Reliable banking option

I have been a Tide business customer for more than 3 years. Its app is easy to use and reliable. Customer service is helpful. Reviewed on: 31st May 2023

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