The product is available now.

The paid membership plan will give small businesses unlimited free transfers*, priority servicing, via phone and in the Tide app, as well as access to a 24/7 legal helpline. Pro Plan members will be provided with two free team member cards and a black matte Tide card. These are expense cards with a wide range of features and benefits.

Tide Pro Plan will be particularly attractive to small businesses that carry out a lot of money transfers as part of their day-to-day operations, such as receiving payments for services or paying suppliers.

Pro Plan features:

• Unlimited free bank transfers

• Including faster payments, direct debit, BACS and CHAPs

• 2 free team member cards

• Expense cards with a wide range of features and benefits

• Matte black card

• Stand out from the crowd with Tide’s distinctive black card

• Priority support

• Daily support options both in-app and by phone

• Legal helpline

• Law and tax queries answered 24/7, 365 days per year

• Cancellation policy

• You can cancel any time and still enjoy Pro features until the end of the calendar month

The paid membership plan - will cost £18.99 per month (plus VAT) - and the features associated with the plan are available immediately once upgraded. Tide Pro adds to the Company’s range of paid membership plans which include Tide Plus (£9.99 + VAT) and Tide Cashback (£49.99 + VAT).

Heather Cobb, SVP Engagement Marketing, Tide, said, “Tide recognises that as small to medium-sized businesses scale business owners’ needs change. Tide’s new Pro Plan is a solution for these businesses by offering unlimited* free transfers, priority support, and other benefits, such as legal support tailored to their needs.”