ANNA Money business account review

Snapshot

ANNA Money is a United Kingdom business account and tax app for sole traders, limited companies, and limited liability partnerships. It is open to United Kingdom residents only. Fees shown as of 5 June 2026.

Who it suits
United Kingdom small businesses and freelancers who want a business account combined with invoicing and tax tools.
Broadly available in
United Kingdom only, open to United Kingdom residents. As of 5 June 2026.
Headline monthly fee
The pay as you go plan has no monthly fee. Paid plans list 22.90 pounds plus VAT a month and 59.90 pounds plus VAT a month. As of 5 June 2026.
Account type
Electronic money account provided under the Electronic Money Regulations, not a high street bank account. Funds are not covered by the Financial Services Compensation Scheme.
Fees and features as of 5 June 2026Last reviewed 5 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

ANNA Money pairs a United Kingdom business account with invoicing, expense tracking, and tax filing tools. It is regulated by the Financial Conduct Authority as an electronic money firm, so it is not a high street bank and customer funds are not protected by the Financial Services Compensation Scheme. Customer money is held in segregated accounts. Figures here are shown as of 5 June 2026. Verify current terms with ANNA Money.

Overview

ANNA Money is a United Kingdom business account app that pairs a current account with invoicing, expense tracking, and tax filing tools. It is regulated by the Financial Conduct Authority under the Electronic Money Regulations, so it is not a high street bank and customer funds are not protected by the Financial Services Compensation Scheme. Customer money is held in segregated accounts separate from the funds of ANNA Money. The product is aimed at small companies and the self employed who want bookkeeping and tax built into the account.

Strengths

Strong invoicing and tax tools, a free pay as you go tier, and support for sole traders, limited companies, and limited liability partnerships. As of 5 June 2026.

Limitations

Funds are not protected by the Financial Services Compensation Scheme because ANNA Money is an electronic money firm rather than a bank. Incoming payments on the free plan carry a fee, and the service is open to United Kingdom residents only. Verify current terms with ANNA Money.

Fees and features

All figures as of 5 June 2026. Verify current terms with ANNA Money.
Monthly feePay as you go: 0 pounds. Business plan: 22.90 pounds plus VAT a month. Big Business plan: 59.90 pounds plus VAT a month. As of 5 June 2026.
Transaction feesOn the pay as you go plan there are 20 free outgoing transfers a month then 20 pence each, and incoming payments carry a 0.95 percent fee. Paid plans include more free transfers. As of 5 June 2026.
FX feesCard and foreign exchange charges apply on spending abroad. The exact rate is unclear, verify current foreign exchange and card fees with ANNA Money. As of 5 June 2026.
Minimum depositNo minimum opening deposit is published. Verify with ANNA Money.
Multi currencyANNA Money is a pounds sterling account and multi currency holding is limited. Verify current currency support with ANNA Money. As of 5 June 2026.
IntegrationsInvoicing, expense, and tax tools are built in, with exports for bookkeeping. Verify current integrations with ANNA Money.
EligibilityUnited Kingdom registered sole traders, limited companies, and limited liability partnerships, with account holders who are United Kingdom residents. Verify eligibility with ANNA Money.

Open a ANNA Money business account

Availability and fees vary by country. Check the ANNA Money by country pages below for your market, then confirm current terms with the provider. Shown as of 5 June 2026.

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ANNA Money by country

Questions about ANNA Money

Is ANNA Money a bank?
No. ANNA Money is an electronic money firm regulated by the Financial Conduct Authority under the Electronic Money Regulations, not a high street bank. Funds are held in segregated accounts and are not protected by the Financial Services Compensation Scheme. As of 5 June 2026. Verify with ANNA Money.
Who can open an ANNA Money account?
United Kingdom registered sole traders, limited companies, and limited liability partnerships, where the account holder is a United Kingdom resident. As of 5 June 2026. Verify eligibility with ANNA Money.
How much does ANNA Money cost?
The pay as you go plan has no monthly fee. The Business plan lists 22.90 pounds plus VAT a month and the Big Business plan lists 59.90 pounds plus VAT a month, as of 5 June 2026. Verify current pricing with ANNA Money.
Does ANNA Money charge for incoming payments?
On the free pay as you go plan, incoming payments carry a 0.95 percent fee, as of 5 June 2026. Paid plans change the included allowances. Verify current terms with ANNA Money.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 5 June 2026. Confirm current terms with ANNA Money before applying.

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