Starling or Tide or?

HappyUser

Hello!



I want to create a business bank account asap. I am working as contractor with LTD so I don't need advanced stuff.


I was suggested Starling or Tide. What are the differences? Anything better? But I cannot wait to open the account more than 2-3 days.




thanks!

eDicky

It's the first time I've heard of Tide, which appears to be a prepaid account. Have you checked for reviews and how their fees for transfers and withdrawals would affect you?


Starling is a 'real' bank with FSCS protection. I'm very satisfied with the personal account I've had with them since they began.

Zanderman

eDicky wrote: »

It's the first time I've heard of Tide, which appears to be a prepaid account. Have you checked for reviews and how their fees for transfers and withdrawals would affect you?
Starling is a 'real' bank with FSCS protection. I'm very satisfied with the personal account I've had with them since they began.

Afaik Tide is a real bank too, And not one with prepaid cards. Already a player for business banking and have been for a while but not quite right for all. I have a Tide account I've never used because they couldn't take bank transfers using IBAN.

Edited to add: I see they are almost, but not quite, rolling out IBAN acceptance: https://www.tide.co/community/t/ibans-are-in-preview-heres-how-you-can-apply-for-yours/7169

Another edit: No they're not a 'real' bank, my mistake. Their services are provided by Prepay solutions - though that doesn't necessarily mean their cards are prepaid ones.

Anthorn

If you're considering prepaid how about Anna Money. Probably THE choice if your name is Anna lol. Debit card issued by Wirecard, free for 3 years, no credit checks and simplified invoicing.
https://anna.money