Monzo Business vs Tide: what each publishes
As of October 7, 2026
The published rules of Monzo Business and Tide, side by side: which industries each excludes or accepts, where owners must live, which countries each names, the licence each holds and the fees each publishes. Each answer links to the page that quotes the rule with the date we read it.
This is not a ranking, and the two names are in alphabetical order. Either provider may still decline your company because of its activity, where it is registered, where its owners live or which licence it holds. The free check applies the rules of every provider in our base to your answers.
Policy by industry
| Industry | Monzo Business | Tide |
|---|---|---|
| Crypto | Depends on the activity | No |
| iGaming | No | No |
| Adult | No published rule | With conditions |
| Unlicensed financial services | No | No |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No | No published rule |
| Marketplace | No published rule | No published rule |
Licence
| Licensee | Monzo Business | Tide |
|---|---|---|
| Licensee | Monzo Bank Ltd · bank authorised by the PRA and FCA (FRN 730427) | Tide Platform Ltd · EMI authorised by the FCA (FRN 900843) · accounts provided by ClearBank Ltd (UK bank, FRN 754568) |
| Regulator | PRA / FCA · | FCA · |
Where owners must live
Monzo Business
You can apply for an account if you’re:
a sole trader, or the director of a registered limited company by shares (Ltd),
based in the UK
Tide
No published rule
Rules about countries
Monzo Business
No published rule
Tide
No published rule
Fees
Monzo Business
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Lite | Not stated | GBP 0 a month ('Maintaining the account (Lite)') | · Source |
| Pro | Not stated | GBP 9 a month ('Maintaining the account (Pro)') | · Source |
| Team | Not stated | GBP 25 a month, plus GBP 5 a month for each member after the first 6 ('Each additional member after first 6 members (Team)') | · Source |
Tide
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Free | Not stated | GBP 0 a month ('No plan fee') | · Source |
| Smart | Not stated | GBP 12.49 a month, or GBP 99.99 a year paid annually; VAT not charged ("We won't charge you VAT on your paid plan") | · Source |
| Pro | Not stated | GBP 27.49 a month, or GBP 219.99 a year paid annually; VAT not charged ("We won't charge you VAT on your paid plan") | · Source |
| Max | Not stated | GBP 69.99 a month, or GBP 559.92 a year paid annually; VAT not charged ("We won't charge you VAT on your paid plan") | · Source |