Compare Revolut vs Tide to make an informed decision for your financial needs. Whether you're interested in mobile banking, unique features, or specific benefits, this comparison will help you navigate some of the differences between Revolut and Tide.
Go compare All comparisonsRevolut and Tide are two cutting-edge banking platforms offering a wide range of digital services for contemporary users, each with its own unique features and specialties.
Founded in 2015, Revolut is a London-based fintech company offering users various banking services like money transfer, currency exchange without hidden fees, crypto trading, personal and business accounts and more. Revolut caters to a global clientele, with support for over 30 countries and 150 currencies. It also offers multi-currency debit cards and a user-friendly, highly intuitive app interface. One of Revolut's major selling points is its attractive foreign exchange rates, which make it an ideal choice for frequent travelers or individuals who deal with international transactions regularly. Their premium plan offers services like insurance cover, access to airport lounges, and cashback offers, adding more value for users.
On the other hand, Tide, also a London-based platform, specializes in small business banking. Some of Tide's notable features include quick account set-up, the ability to send invoices directly through the app, a range of integrations with accounting tools like Xero and FreeAgent, and dedicated UK-based customer support. Tide's specialties include its focus on solving the unique challenges faced by startups and SMEs. They categorize transactions automatically, which makes bookkeeping a breeze for businesses. However, Tide only operates in the UK and lacks some of the international features Revolut offers.
In conclusion, both Revolut and Tide redefine online banking with their unique benefits. Revolut, with its international features, attractive exchange rates and personal alongside business accounts, caters to a wider market. Meanwhile, Tide, with its business-focused features like direct invoicing and automated bookkeeping, make it an asset for small businesses and freelancers in the UK. Selection between these two would depend on individual needs and whether the user prioritises personal, international banking or dedicated business tools.
Revolut has a Neolista score of 4.5 out of 5.
Tide has a Neolista score of 4.4 out of 5.
Revolut is available for both personal and business customers. Revolut offers accounts for teenagers.