Quick Summary: Sign up to Tide, enter code REFER200, spend £100 on your card within 30 days (get £75), and deposit £5,000 in Instant Saver within 7 days and hold for 30 days (get £125). Total: £200 free cash.
The Complete Step-by-Step Process
Follow each step carefully to ensure you receive the full £200 bonus. Pay particular attention to the timings — missing a deadline means missing out on part of the reward.
Download the Tide App or Visit tide.co
You can apply for a Tide business account either through the Tide mobile app (available on iOS App Store and Google Play Store) or directly through the Tide website at www.tide.co. Both routes take you through the same sign-up process. The mobile app is recommended as it makes the identity verification step (taking a selfie) much easier.
Enter Your Business Details & the Referral Code REFER200
During the sign-up process, you will be asked to provide your business information including your business name, type (sole trader, limited company, partnership, etc.), registered address, and contact details. At this stage, you will see a field labelled "referral code" or "promo code". This is where you must enter REFER200.
If you use our direct sign-up link, the code may be pre-populated automatically — but always double-check the field to confirm it shows REFER200 before proceeding.
Verify Your Identity
Tide uses a fast digital identity verification process. You will need to provide a valid photo ID — either a UK passport or a UK driving licence. You will also need to take a quick selfie using your phone's camera to confirm your identity matches your ID document.
This process is powered by advanced biometric technology and typically takes just 2–3 minutes. Tide does not perform a credit check at this stage or at any point during the free account application.
Await Account Approval (Usually Instant)
Most Tide accounts are approved within minutes of completing the identity verification. In some cases, particularly for limited company accounts or where additional verification is required, approval may take up to 24 hours. You will receive a notification via the app and email once your account is approved.
Once approved, your Tide Mastercard debit card will be ordered automatically and should arrive in the post within 3–5 working days.
Spend £100 on Your Tide Card Within 30 Days — Unlock £75
To receive the first part of your bonus (£75), you need to make at least £100 of purchases using your Tide Mastercard debit card within 30 days of opening your account. These can be any business purchases — supplier payments, subscriptions, equipment, fuel, or any other business expense.
The £75 will be credited to your Tide account within 4–6 weeks of completing the qualifying transactions. You can track your progress in the Tide app.
Deposit £5,000 in Tide Instant Saver Within 7 Days — Unlock £125
To receive the second part of your bonus (£125), you need to open a Tide Instant Saver Account and deposit at least £5,000 within 7 days of opening your main Tide account. You must then hold this balance for a full 30 days without withdrawing below £5,000.
The Tide Instant Saver also earns you up to 4% AER (variable) interest for the first 4 months — so this step not only earns you the £125 bonus but also generates interest income on your savings. There are no penalties for withdrawals after the 30-day qualifying period.
Receive Your £200 Free Cash
Once you have completed both qualifying actions, your bonuses will be credited directly to your Tide account balance. The £75 arrives within 4–6 weeks of completing your £100 of transactions. The £125 is paid after the 30-day Instant Saver holding period ends. Both payments appear as credits in your main Tide current account.
What If I Forgot to Enter the Code?
If you completed your Tide sign-up but forgot to enter the referral code REFER200, do not worry. You have 7 days from the date you opened your account to contact Tide's in-app customer support and request that the code be applied retrospectively. Simply open the Tide app, go to the Help section, and start a chat explaining that you would like the referral code REFER200 applied to your account.
Tide Referral Offer Eligibility Requirements
To be eligible for the Tide referral offer, you must meet the following criteria:
- ✓You must be a new Tide customer — the offer is not available to existing account holders
- ✓You must be a UK resident with a valid UK business
- ✓You must enter code REFER200 during sign-up (or within 7 days via support)
- ✓You must complete £100 of card transactions within 30 days to receive the £75
- ✓You must deposit £5,000 in Instant Saver within 7 days and hold for 30 days to receive the £125