Until 30 September 2025 Tide is offering small business customers a way to get a card machine for free.
Here’s how it works step by step:
- Click here to visit Tide (must use this link)
- Sign-up to Tide (must be a new customer)
- Make sure you use code GETPAIDSUMMER when you sign-up
- Purchase a Tide card reader within 30 days of opening your account (from £59 + VAT)
- Process £500 worth of payments within 90 days of opening an account.
- Claim your £200 Chashback Reward while paying only 0.9% + 5p per transaction which will be applied to your account with 6-8 weeks
In summary, you sign-up for a Free Tide Business Bank Account.
Spend just £59 + VAT to buy a card machine.
Process at least £500 worth of payments within 90 days.
Then get £200 credited back to your account within 8 weeks.
However, like all deals it’s very important to read the T&Cs.
These terms and conditions (“Promotion Terms”) apply to the promotion described in the Promotion Key Terms above (the “Promotion”) offered by Tide Platform Ltd (“Tide”).
1. Overview
The Promotion includes:
- Reward 1 as described in Promotion Key Terms; and, where applicable,
- Where applicable, Reward 2 as described in the Promotion Key Terms.
Each Reward is subject to the Promotion Key Terms and these Promotion Terms.
2. How to qualify for the Reward
Applicants must during the Promotion Period:
- satisfy the Eligibility Criteria; and
- achieve any Promo Special Conditions.
3. Reward Conditions
Each Reward will be:
-
granted to the applicant via the Delivery Method during the Delivery Timeline;
- subject to the Reward Special Conditions; and
- subject to the reward conditions set out in this clause that are specific to the Type of Reward.
3.1 Transaction Fee Discount Conditions
Where a Reward is a Transaction Fee Discount on payment acceptance products:
- Applies only to domestic consumer card payments, meaning UK-issued cards to individuals or UK-based businesses. For avoidance of doubt, domestic commercial card payments, international card payments, diners and discovery type of transactions are out of scope of the promotion and will be charged the standard payment acceptance fees as per the Tide Membership and Product Terms.
- After the Promotional Period ends, standard Tide payment acceptance fees apply on domestic consumer card transactions.
3.2 Monetary Reward Conditions
Where a Reward is a Monetary Reward:
- Only one monetary reward may be paid per Tide account unless otherwise stated.
- Tide may withhold, reverse, or reclaim a reward if:
- Qualifying transactions are refunded or reversed;
- The account is suspended or closed before payment;
- There is a breach of these Promotion Key Terms, Promotion Terms or the Tide Terms;
- A technical error occurred.
3.3 Cashback Reward Conditions
Where a Reward is a Cashback reward:
- Cashback is earned only on genuine card purchases or payments at specified merchants or within defined Merchant Category Codes (MCCs) (Merchants or the merchant banks get a specific code based on what they sell or the services they provide. This code is called a Merchant Category Code (MCC). We use the MCC to work out whether you can earn cashback on a transaction. Tide does not control what type of code a merchant gets and we’re not able to change this code. This means that in some cases, a merchant might sell something that seems eligible for cashback, but because of the MCC, the transaction isn’t eligible).
- Cashback is calculated based on the date the funds are debited, not necessarily the transaction date.
- If the account is closed or suspended before the reward is paid, cashback is forfeited.
- Excluded transactions (non-qualifying for cashback or monetary rewards) include but are not limited to:
- Subscriptions or recurring charges
- Fees, gift cards, cheques, interest, or promotional merchandise
- ATM withdrawals, deposits, top-ups, or money transfers
- Tax payments or government fees
- Disputes, refunds, chargebacks Note: This list is non-exhaustive and may be updated by Tide at any time.
Note on Merchant Category Codes (MCCs) MCCs are assigned by the merchant’s acquiring bank and cannot be changed by Tide. Transactions that appear eligible may not qualify if the MCC does not meet the offer requirements.
3.4 Refer a Friend Reward Conditions
Where a Reward is part of a refer-a-friend promotion:
- A Successful Referral requires that the Referrer and Referee each meet their applicable Eligibility Criteria as set out in the front sheet.
- A Referee must apply using the Referrer’s unique Referral Code, either during account sign-up or within 7 days of opening their account (via the app or in-app chat).
- Only one Referral Code may be used per Referee.
- Where multiple Referrers invite the same Referee, the Reward will be attributed to the Referrer whose code is actually used.
- Both Referrer and Referee must hold active, compliant Tide Business Accounts at the time of reward payment.
- Participation is limited to one referral per Referee.
4. General Terms
a. One Reward per Account Unless otherwise specified, each Reward may be earned once per Tide account.
b. Non-Combination The Promotion may not be used in conjunction with any other offer unless explicitly stated.
c. Amendments, Withdrawal and applicability of other terms Tide may amend, suspend, or withdraw the Promotion or these Promotion Terms at any time. Continued use of Tide services constitutes acceptance of any changes. These promotional terms and conditions should be read in conjunction with the Tide Membership and Product Terms available at tide.co/terms that govern the use of Tide’s products and services.
d. Fair Use Promo Codes and Rewards must be used in good faith. Abuse, misuse, or manipulation of the Promotion may result in disqualification and reversal of Rewards. All offers must be used as intended by Tide and must not be used (including referral codes) as a means for the member or the applicant to generate income or business. All Tide products and services are intended to be used for business purposes only and not for consumer use.
e. Withholding or Reversal Tide may withhold, reverse, or reclaim Rewards or Cashback if:
- Earned in breach of these Promotion Terms or Tide Terms;
- A transaction is reversed, refunded, or disputed;
- It has reasonable grounds to believe that you have engaged in any fraud or material abuse of the promotion;
- A technical or calculation error occurred;
- The Referral Code was used fraudulently or in breach of these Promotion Terms or the Tide Terms;
- The account was closed, suspended, or ineligible at the time of payment.
f.Payouts Rewards may take up to 8 weeks to be credited to your Tide Business Account as of the date of validation of all applicable eligibility criteria as well as Promo Special Conditions and/or Reward Special Conditions.
g. Approval Tide reserves its right to open a Tide Account for you only after you have passed our KYC checks as per the applicable Tide Terms. Tide shall not be required to provide any reason or be held responsible that any applicant has not been approved for a Tide account.
h. Payments Acceptance Products
Any payment acceptance products should be used in line with Adyen’s Restricted and Prohibited Products and Services list and should not be used for transactions relating to Prohibited and Restricted businesses as stipulated in the list at https://www.adyen.com/legal/list-restricted-prohibited. Any payment types or card types which are not explicitly covered by the Promotional Terms will be charged the standard transaction rates as per the Tide Membership and Product Terms and the Fee Schedule.
i. Governing Law and Jurisdiction These Promotion Terms are governed by English law. Disputes will be subject to the exclusive jurisdiction of the courts of England and Wales.
About The Tide Reader
You can reader our full tide card reader review here. But here are the key points:
- No monthly contract and low 0.9% +5p transaction fees
- Includes a free business bank account
- Accept card and mobile payments on the go
- Free unlimited 4G data, no Bluetooth required
- Receive funds in just 1-3 business days
- Offers two different card readers depending on your needs
- Accepts Visa, Mastercard, ApplePay, GooglePay (Corporate, international and UK consumer cards)
- 4 month device warranty as standard
- Tamperproof design complies with anti-fraud security standards
- Full day of battery life
- Receive payments directly into your Tide account
- Monitor your card sales income in the Tide app
Tide Card Reader Models
