Is Anna or Allica Bank better for your small business?
Below we look at both Anna and Allica Bank 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.


Anna vs Allica Bank Trustpilot Reviews
Anna | Allica Bank | |
Trustpilot Review Score (out of 5) | 4.6 | 4.5 |
Percent 5-Star Reviews | 85% | 76% |
Percent 1- Star Reviews | 8% | 6% |
Total Number of Reviews | 2,677 | 815 |
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/www.allica.bank
Anna vs Allica Bank App Reviews
Anna | Allica Bank | |
iPhone Review Score (out of 5) | 4.5 | 4.8 |
Number of iPhone Reviews | 846 | 503 |
Android Review Score (out of 5) | 3.9 | 4.4 |
Number of Android Reviews | 1,300 | 107 |
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://apps.apple.com/gb/app/allica-bank/id1489138340
Anna vs Allica Bank Account Fees & Charges
Anna | Allica Bank | |
Free Business Bank Account | Yes | No |
Free Business Account Term Length | 1 Month | NA |
Cheapest Monthly Account Fee | £14.90 | No |
Most Expensive Monthly Account Fee | £49.90 | No |
Electronic Payment Cost (in/out) | 20p | Free |
Cash Payments Cost (in/out) | £1 | Free |
Cheques (in/out) | Free | Unknown |
CHAPS Payments Cost | No | £20 |
SEPA Payments Cost | No | No |
Anna vs Allica Bank Business Savings Rates
Anna | Allica Bank | |
Types of Business Savings Accounts | None | Easy Access, Notice Account |
Lowest Savings Rate (AER) | NA | 3.65% |
Maximum Savings Rate (AER) | NA | 5.10% |
Minimum Savings Amount | NA | £20,000 |
Interest Paid On Foreign Currencies | Yes | No |
Anna vs Allica Bank Account Opening Times
Anna | Allica Bank | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | 3 minutes | 3 to 5 Working days |
Do They Check Your Credit? | No | Yes |
Current Account Switch Service | No | Yes |
Anna vs Allica Bank Features & Account Types


Anna | Allica Bank | |
Business Current Account | Yes | Yes |
Business Savings Account | Yes | Yes |
Business Credit Card | Yes | No |
Business Overdraft | No | Yes |
Accounts For Startups | Yes | No |
Accounts For Charities | No | No |
Accounts For Sole Traders | Yes | Yes |
Joint Business Accounts Available | No | No |
Card Type | Mastercard | Visa |
Online Banking | Yes | Yes |
Mobile Banking | Yes | Yes |
In Person/Branch Banking | No | Yes |
Branch Locations | None, online only | Milton Keynes, London and Manchester |
Anna vs Allica Bank Customer Support Options
Anna | Allica Bank | |
Phone Support Available | Yes | Yes |
Email Support Available | Yes | Yes |
App Based Support | Yes | Yes |
Web Based Support | Yes | Yes |
In person Customer Support | No | Yes |
Anna vs Allica Bank Foreign Currency Accounts
Anna | Allica Bank | |
US Dollar (USD) Bank Accounts | Yes | No |
Euro (EUR) Bank Accounts | Yes | No |
Other Currencies Available: |
| No |
Other Business Services From Anna and Allica Bank


Anna | Allica Bank | |
Business Loans | Yes | Yes |
Commercial Mortgages | No | Yes |
Invoice Financing | No | Yes |
International Payments | Yes | Yes |
Merchant Payment Services | No | No |
Card Machines | No | No |
Free Accounting Software | No | No |
Anna vs Allica Bank Banking Basics
Anna | Allica Bank | |
Bank Type | Challenger | Challenger |
FSCS Protection | No | Yes, up to £85,000 |
FCA Number | 789333 | 821851 |
Website | Anna Website | Allica Bank Website |
Common Comparison Questions
Does Anna or Allica Bank have better customer reviews?
Anna scores 4.6 out of 5 based 2,677 Trustpilot reviews. Of these reviews 85% are 5-star and 8% are 1-star.
Whereas, Allica Bank scores 4.5 out of 5 based 815 Trustpilot reviews. Of which 76% are 5-star and 6% are 1-star.
Does Anna or Allica Bank have a better App?
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.
In comparison, Allica Bank’s iPhone App is rated 4.8 out of 5 based on 503 reviews. And it’s Android App is rated 4.4 out of 5 based on 107 reviews.
Does Anna or Allica Bank have better business savings rates?
Anna offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)
In contrast, Allica Bank offers Easy Access, Notice Account accounts with interest rates ranging from 3.65% to 5.10% (AER).
See Other Comparisons:Anna vs Cater Allen
Anna vs AIB (Allied Irish Bank)
Anna vs Unity Trust
Anna vs United Trust Bank
Anna vs HSBC Kinetic
For other business bank accounts see our guide here.