UPDATE: code has changed to REFORM and still valid!
New to posting on here but TMS has saved me big bucks over the last year so finally giving something back lol! You don't have to already have a business to get the £75, you could just have an idea for something you want to do in the future or just a little sidehustle.
TLDR (I copied the below from the ad I saw)
----------------------------------------------
18+ UK citizen and not got your £75 yet???
Join the thousands of others who have before the offer runs out...
1. Set up a free Tide business current account in minutes here: https://www.tide.co/partners/reform-financial-limited/ using code: REFORM
2. Load the account with £1 to activate the offer
3. Your £75 welcome gift is on its way!
----------------------------------------------
I found this offer a couple of weeks ago and just had my £75 come in!! It only took me about 5 minutes to set up an account with no intention of using it for anything other than a spare but tbh I've started running the majority of my cleaning business through it as invoicing through the app is quicker than using Quickbooks + my normal bank (Natwest).
Here's the original post I saw about it with all the details... fyi I've checked out the company offering the code and they seem legit!
I've copied their FAQs below...
Enjoy!
----------------------------------------------
1. WHAT IS IT?
We’ve partnered with Tide, the UK’s leading business banking platform. Tide offers FSCS-protected business bank accounts with no monthly or annual fees, and no credit checks, so there's no risk in trying out Tide alongside your existing account. As a Reform Financial customer you're also eligible for £75 cashback in your new Tide account.
To get the limited £75 offer you must join up using referral code: REFORM. During signup when entering your details there is a banner at the top asking if you have a referral code. You need to enter: REFORM in that box. Once you have completed registration and verification (usually takes 5 minutes) you will get your bank sort code and account number. Just deposit £1 in from any other account to activate the £75 offer and that's it. Easy.
______________________________
2. WHO’S IT FOR?
In short you have to be 18+ and a UK citizen.
FREELANCERS OR SIDE-HUSTLER'S
You’ve got an awesome idea for a money-maker around your normal work or you are already making cash from freelance work or a side-hustle. You DO NOT have to already be making money to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.
OR
SOLE TRADERS
You already run a business or want to get started with one but you don’t currently intend to set up a LTD company. From tradespeople to beauticians, personal trainers to musicians, and everything in between. You DO NOT have to have started your business to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.
OR
LTD COMPANIES
You run a company limited by shares or are going to set one up. We also have another exceptional offer if you are about to incorporate your business into a limited company. It’s the same £75 welcome gift offer but we will also pay the £12 incorporation fee for you and save you all the hassle of setting up a business. You can find out more here https://www.tide.co/partners/reform-financial-limited/?cofo
______________________________
3. HOW LONG DOES IT TAKE TO SIGN UP?
In 99.9% of cases the application process takes less than 5 minutes and all you need is a form of ID (passport or driving licence). You can use your own name when it asks for ‘business name’ if you like.
Every now and again Tide have to do a few extra checks to keep in line with UK Anti Money Laundering laws. If you haven’t been approved within 1 hour then this will be why. It’s nothing to worry about. Sometimes this will only take a few days to sort, but please note on the odd occasion it can take a couple of weeks. Sit tight and Tide will be in touch to help you get your account open. Expect a phone call or email from them.
______________________________
4. HOW LONG DOES IT TAKE TO GET THE £75 WELCOME GIFT?
Tide allows up to a maximum of 8 weeks to receive your £75 welcome gift, however in the majority of cases the £75 is loaded into your new account in just 2-4 weeks. Free money is always worth the wait
______________________________
5. WHAT’S THE RISK?
There’s absolutely no risk whatsoever to open a free Tide business current account. As previously mentioned, you can just set one up to try it out or have it ready for a future endeavor.
There’s also absolutely no tax implications from opening a free Tide business current account.
If at any point you decide you don’t want to keep your Tide account open (we can’t think of a reason why you wouldn’t) then you can simply shut it down with no questions asked.
______________________________
6. WHAT ARE THE BENEFITS OF A TIDE BUSINESS CURRENT ACCOUNT?
The Tide business current account is not your standard business bank account. As well as being FSCS-protected, the platform boasts an array of free extras including:
- Business Mastercard, with free purchases at home and abroad
- Automatic categorisation of your transactions for easy accounting
- Instant invoice payment and creation
- Up to £150,000 of credit, straight through the app
- Accountancy software integration
______________________________
FAQs
- IS THE £75 MINE?
Of course! It’s just like any other bank account that’s you have - as soon as the £75 hits your account it’s yours and you can do whatever you like with it!
- ARE THERE CREDIT CHECKS?
Nope. To open your account Tide perform electronic checks to comply with UK Anti Money Laundering regulations but these do not affect your credit score.
- DO I HAVE TO ALREADY RUN A BUSINESS?
Nope. The account is a business account, but we understand you may be testing the water or just have an idea for a business you want to start in the future. Whether you’re a first time side-hustler that wants to sell stuff on eBay, or a LTD company owner that’s been trading for years, the Tide business bank account was made for you!
- ARE THERE TAX IMPLICATIONS?
Nope. You are legally allowed to earn £1k income per year without notifying anyone. It’s called ‘trading allowance’ and means unless you have income of at least £1k or more per year coming from business activities then you don’t need to file tax returns or have an accountant. The government examples are things like babysitting, dog walking, selling things online etc. In simple terms, if you grab our £75 welcome offer then you have another £925 to go before you would need to declare anything.
- WHAT IF I FORGOT TO PUT IN THE ‘REFORM’ CODE?
No prob, you can message Tide customer care via the app and ask them to add the code to your account. Just make sure you do this within 7 days of signing up.
- I DON’T HAVE A BUSINESS NAME
Again, no worries, you can simply use your own name when it asks for ‘business name’, or you can come up with your own business name.
- CAN I REFER FRIENDS AND FAMILY?
Of course, simply send them to the sign up page here: https://www.tide.co/partners/reform-financial-limited/
and tell them the code: REFORM
- HOW LONG WILL THIS OFFER BE AROUND?
We are aware how good this offer is! It won’t last forever. Make sure to tell your friends and family about it before it goes.
_________________________________
Full terms and conditions here: https://www.tide.co/partners/reform-financial-limited
New to posting on here but TMS has saved me big bucks over the last year so finally giving something back lol! You don't have to already have a business to get the £75, you could just have an idea for something you want to do in the future or just a little sidehustle.
TLDR (I copied the below from the ad I saw)
----------------------------------------------
18+ UK citizen and not got your £75 yet???
Join the thousands of others who have before the offer runs out...
1. Set up a free Tide business current account in minutes here: https://www.tide.co/partners/reform-financial-limited/ using code: REFORM
2. Load the account with £1 to activate the offer
3. Your £75 welcome gift is on its way!
----------------------------------------------
I found this offer a couple of weeks ago and just had my £75 come in!! It only took me about 5 minutes to set up an account with no intention of using it for anything other than a spare but tbh I've started running the majority of my cleaning business through it as invoicing through the app is quicker than using Quickbooks + my normal bank (Natwest).
Here's the original post I saw about it with all the details... fyi I've checked out the company offering the code and they seem legit!
I've copied their FAQs below...
Enjoy!
----------------------------------------------
1. WHAT IS IT?
We’ve partnered with Tide, the UK’s leading business banking platform. Tide offers FSCS-protected business bank accounts with no monthly or annual fees, and no credit checks, so there's no risk in trying out Tide alongside your existing account. As a Reform Financial customer you're also eligible for £75 cashback in your new Tide account.
To get the limited £75 offer you must join up using referral code: REFORM. During signup when entering your details there is a banner at the top asking if you have a referral code. You need to enter: REFORM in that box. Once you have completed registration and verification (usually takes 5 minutes) you will get your bank sort code and account number. Just deposit £1 in from any other account to activate the £75 offer and that's it. Easy.
______________________________
2. WHO’S IT FOR?
In short you have to be 18+ and a UK citizen.
FREELANCERS OR SIDE-HUSTLER'S
You’ve got an awesome idea for a money-maker around your normal work or you are already making cash from freelance work or a side-hustle. You DO NOT have to already be making money to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.
OR
SOLE TRADERS
You already run a business or want to get started with one but you don’t currently intend to set up a LTD company. From tradespeople to beauticians, personal trainers to musicians, and everything in between. You DO NOT have to have started your business to set up a Tide business current account. When signing up you can use your name when it asks for ‘business name’ if you like.
OR
LTD COMPANIES
You run a company limited by shares or are going to set one up. We also have another exceptional offer if you are about to incorporate your business into a limited company. It’s the same £75 welcome gift offer but we will also pay the £12 incorporation fee for you and save you all the hassle of setting up a business. You can find out more here https://www.tide.co/partners/reform-financial-limited/?cofo
______________________________
3. HOW LONG DOES IT TAKE TO SIGN UP?
In 99.9% of cases the application process takes less than 5 minutes and all you need is a form of ID (passport or driving licence). You can use your own name when it asks for ‘business name’ if you like.
Every now and again Tide have to do a few extra checks to keep in line with UK Anti Money Laundering laws. If you haven’t been approved within 1 hour then this will be why. It’s nothing to worry about. Sometimes this will only take a few days to sort, but please note on the odd occasion it can take a couple of weeks. Sit tight and Tide will be in touch to help you get your account open. Expect a phone call or email from them.
______________________________
4. HOW LONG DOES IT TAKE TO GET THE £75 WELCOME GIFT?
Tide allows up to a maximum of 8 weeks to receive your £75 welcome gift, however in the majority of cases the £75 is loaded into your new account in just 2-4 weeks. Free money is always worth the wait
______________________________
5. WHAT’S THE RISK?
There’s absolutely no risk whatsoever to open a free Tide business current account. As previously mentioned, you can just set one up to try it out or have it ready for a future endeavor.
There’s also absolutely no tax implications from opening a free Tide business current account.
If at any point you decide you don’t want to keep your Tide account open (we can’t think of a reason why you wouldn’t) then you can simply shut it down with no questions asked.
______________________________
6. WHAT ARE THE BENEFITS OF A TIDE BUSINESS CURRENT ACCOUNT?
The Tide business current account is not your standard business bank account. As well as being FSCS-protected, the platform boasts an array of free extras including:
- Business Mastercard, with free purchases at home and abroad
- Automatic categorisation of your transactions for easy accounting
- Instant invoice payment and creation
- Up to £150,000 of credit, straight through the app
- Accountancy software integration
______________________________
FAQs
- IS THE £75 MINE?
Of course! It’s just like any other bank account that’s you have - as soon as the £75 hits your account it’s yours and you can do whatever you like with it!
- ARE THERE CREDIT CHECKS?
Nope. To open your account Tide perform electronic checks to comply with UK Anti Money Laundering regulations but these do not affect your credit score.
- DO I HAVE TO ALREADY RUN A BUSINESS?
Nope. The account is a business account, but we understand you may be testing the water or just have an idea for a business you want to start in the future. Whether you’re a first time side-hustler that wants to sell stuff on eBay, or a LTD company owner that’s been trading for years, the Tide business bank account was made for you!
- ARE THERE TAX IMPLICATIONS?
Nope. You are legally allowed to earn £1k income per year without notifying anyone. It’s called ‘trading allowance’ and means unless you have income of at least £1k or more per year coming from business activities then you don’t need to file tax returns or have an accountant. The government examples are things like babysitting, dog walking, selling things online etc. In simple terms, if you grab our £75 welcome offer then you have another £925 to go before you would need to declare anything.
- WHAT IF I FORGOT TO PUT IN THE ‘REFORM’ CODE?
No prob, you can message Tide customer care via the app and ask them to add the code to your account. Just make sure you do this within 7 days of signing up.
- I DON’T HAVE A BUSINESS NAME
Again, no worries, you can simply use your own name when it asks for ‘business name’, or you can come up with your own business name.
- CAN I REFER FRIENDS AND FAMILY?
Of course, simply send them to the sign up page here: https://www.tide.co/partners/reform-financial-limited/
and tell them the code: REFORM
- HOW LONG WILL THIS OFFER BE AROUND?
We are aware how good this offer is! It won’t last forever. Make sure to tell your friends and family about it before it goes.
_________________________________
Full terms and conditions here: https://www.tide.co/partners/reform-financial-limited
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