Merchant Machine

Aldermore VS Anna: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Aldermore or Anna better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Aldermore and Anna reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Aldermore Homepage
Aldermore Homepage


Anna Homepage
Anna Homepage
 

Aldermore vs Anna Trustpilot Reviews

AldermoreAnna
Trustpilot Review Score (out of 5)4.64.6
Percent 5-Star Reviews80%85%
Percent 1- Star Reviews9%8%
Total Number of Reviews4,4242,677
Sources:
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/anna.money

Aldermore vs Anna App Reviews

AldermoreAnna
iPhone Review Score (out of 5)No Rating4.5
Number of iPhone ReviewsNo Reviews846
Android Review Score (out of 5)No Rating3.9
Number of Android ReviewsNo Reviews1,300
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275

Aldermore vs Anna Account Fees & Charges

AldermoreAnna
Free Business Bank AccountNoYes
Free Business Account Term LengthNA1 Month
Cheapest Monthly Account Fee£12.50£14.90
Most Expensive Monthly Account Fee£30£49.90
Electronic Payment Cost (in/out)Free20p
Cash Payments Cost (in/out)75p / £2 + 2.75%£1
Cheques (in/out)FreeFree
CHAPS Payments Cost£30No
SEPA Payments CostNoNo

Aldermore vs Anna Business Savings Rates

AldermoreAnna
Types of Business Savings AccountsFixed rate, Easy accessNone
Lowest Savings Rate (AER)3.25%NA
Maximum Savings Rate (AER)4.60%NA
Minimum Savings Amount£1,000NA
Interest Paid On Foreign CurrenciesYesYes
 

Aldermore vs Anna Account Opening Times

AldermoreAnna
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 minutes3 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Aldermore vs Anna Features & Account Types

Aldermore Account Types
Aldermore Features & Account Types


Anna Account Types
Anna Features & Account Types


AldermoreAnna
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersNoYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingNoNo
Branch LocationsNone, online and phone onlyNone, online only

Aldermore vs Anna Customer Support Options

AldermoreAnna
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Aldermore vs Anna Foreign Currency Accounts

AldermoreAnna
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)

Other Business Services From Aldermore and Anna

Aldermore Account Types
Other Aldermore Services


Anna Account Types
Other Anna Services


AldermoreAnna
Business LoansYesYes
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Aldermore vs Anna Banking Basics

AldermoreAnna
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number204503789333
WebsiteAldermore WebsiteAnna Website

Common Comparison Questions

Does Aldermore or Anna have better customer reviews?

Aldermore scores 4.6 out of 5 based 4,424 Trustpilot reviews. Of these reviews 80% are 5-star and 9% are 1-star.

Whereas, Anna scores 4.6 out of 5 based 2,677 Trustpilot reviews. Of which 85% are 5-star and 8% are 1-star.

Does Aldermore or Anna have a better App?

Aldermore’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.

In comparison, Anna’s iPhone App is rated 4.5 out of 5 based on 846 reviews. And it’s Android App is rated 3.9 out of 5 based on 1,300 reviews.

Does Aldermore or Anna have better business savings rates?

Aldermore offers the following types of business savings accounts: Fixed rate, Easy access with interest rates ranging from 3.25% to 4.60%. (AER)

In contrast, Anna offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Aldermore vs Hampshire Trust Bank
Aldermore vs Mettle
Aldermore vs Monese
Aldermore vs Saffron Building Society
Aldermore vs OakNorth


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224