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Tide VS Ampere: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Tide or Ampere better for your small business?



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Below we look at both Tide and Ampere reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Tide Homepage
Tide Homepage


Ampere Homepage
Ampere Homepage
 

Tide vs Ampere Trustpilot Reviews

TideAmpere
Trustpilot Review Score (out of 5)4.24.2
Percent 5-Star Reviews73%74%
Percent 1- Star Reviews17%18%
Total Number of Reviews18,59550
Sources:
https://www.trustpilot.com/review/tide.co
https://www.trustpilot.com/review/ampere.co.uk

Tide vs Ampere App Reviews

TideAmpere
iPhone Review Score (out of 5)4.74.8
Number of iPhone Reviews64,80030
Android Review Score (out of 5)3.54.7
Number of Android Reviews16,200953
Sources:
https://apps.apple.com/gb/app/tide-business-banking-app/id1140086177
https://apps.apple.com/us/app/ampere-business-mobile-bank/id1641508835

Tide vs Ampere Account Fees & Charges

TideAmpere
Free Business Bank AccountYesNo
Free Business Account Term LengthNo LimitNA
Cheapest Monthly Account Fee£9.99£20.00
Most Expensive Monthly Account Fee£49.99£20.00
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)£1NA
Cheques (in/out)FreeNA
CHAPS Payments CostNo£25
SEPA Payments Cost€0.70Free

Tide vs Ampere Business Savings Rates

TideAmpere
Types of Business Savings AccountsBusiness savings accountNone
Lowest Savings Rate (AER)3.55%NA
Maximum Savings Rate (AER)3.55%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesNo
 

Tide vs Ampere Account Opening Times

TideAmpere
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 to 2880 minutesUndisclosed
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Tide vs Ampere Features & Account Types

Tide Account Types
Tide Features & Account Types


Ampere Account Types
Ampere Features & Account Types


TideAmpere
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersYesNo
Joint Business Accounts AvailableNoNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Tide vs Ampere Customer Support Options

TideAmpere
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Tide vs Ampere Foreign Currency Accounts

TideAmpere
US Dollar (USD) Bank AccountsNoNo
Euro (EUR) Bank AccountsNoNo
Other Currencies Available:NoNo

Other Business Services From Tide and Ampere

Tide Account Types
Other Tide Services


Ampere Account Types
Other Ampere Services


TideAmpere
Business LoansYesYes
Commercial MortgagesNoNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesYesYes
Free Accounting SoftwareYesNo

Tide vs Ampere Banking Basics

TideAmpere
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000 via ClearBankNo
FCA Number754568900594
WebsiteTide WebsiteAmpere Website

Common Comparison Questions

Does Tide or Ampere have better customer reviews?

Tide scores 4.2 out of 5 based 18,595 Trustpilot reviews. Of these reviews 73% are 5-star and 17% are 1-star.

Whereas, Ampere scores 4.2 out of 5 based 50 Trustpilot reviews. Of which 74% are 5-star and 18% are 1-star.

Does Tide or Ampere have a better App?

Tide’s iPhone App is rated 4.7 out of 5 based on 64,800 reviews. And it’s Android App is rated 3.5 out of 5 based on 16,200 reviews.

In comparison, Ampere’s iPhone App is rated 4.8 out of 5 based on 30 reviews. And it’s Android App is rated 4.7 out of 5 based on 953 reviews.

Does Tide or Ampere have better business savings rates?

Tide offers the following types of business savings accounts: Business savings account with interest rates ranging from 3.55% to 3.55%. (AER)

In contrast, Ampere offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Virgin Money vs Monzo
Virgin Money vs Bank of Scotland
Virgin Money vs Metro Bank
Virgin Money vs TSB
Virgin Money vs Starling Bank


For other business bank accounts see our guide here.

 



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