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Is Tide worth it?

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(@neobank)
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Is Tide worth it?

Tide is a viable product that can compete against regular, brick-and-mortar banking products, but this is not a one-size-fits-all product.

This is a simple and easy to use platform, and it is a very good suit for small businesses and sole traders that require a plain account in a swift way, yet without the need of having a strong credit record.

On the other hand, Tide’s product has some setbacks, such as not being able to pay and receive cash in physical transactions – this means that this is a no-go option for those businesses that are prone to handling cash.

Besides, the inability to receive overseas payments, and the lack of proper account management through web-based platform (as the app is the main if not only ways of accessing the account) , happen to be a problem as well.

Still, please log on to https://www.tide.co/ for further information on how Tide can help their customers.



   
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