Tide Business logo

How to Cancel Tide Business

Tide is a UK business banking platform offering free and paid accounts. Cancel premium features or close your account entirely through the app or by contacting support.

Moderate
~10 minutes
Business Tools

Steps verified March 2026

Quick Facts

Pricing (all plans)

FreeBasic business banking
£0.00/mo
Tide PlusUnlimited free transfers + cashback
£9.99/mo
Cashback0.5% cashback on card spending
£49.99/mo
0

Cancel online?

No — phone/letter required

Pause option?

No

Refund policy

No refunds on plan fees. Remaining account balance returned to you.

After cancellation

Transaction records retained per FCA requirements (typically 5+ years).

Direct Debit & Billing Warnings

  • Account closure can take several weeks — plan ahead.

Cancellation Steps

Go directly to Tide Business cancellation page
1

Transfer remaining funds

Transfer all remaining money to another bank account.

2

Cancel any active plans

If on Tide Plus or Cashback plan, go to Settings > Plan and downgrade to Free.

3

Close your account

Contact Tide support via in-app chat or email to request account closure.

4

Confirm closure

Tide will process the closure once all funds are transferred and there are no pending transactions.

Tips & Things to Know

  • Ensure all pending transactions have cleared before closing.
  • Update any direct debits or standing orders to your new account.
  • Download all statements and transaction records.
  • Notify HMRC of your new bank details if applicable.

Your Consumer Rights

  • FCA-regulated banking.
  • Consumer Rights Act 2015.
  • GDPR right to data portability.

Frequently Asked Questions

Is the basic Tide account free?

Yes, the Free plan has no monthly fee but charges per transaction.

How long does closure take?

Account closure typically takes 2-4 weeks once all funds are transferred.

What about my accounting integrations?

Update your accounting software with your new bank details before closing.