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Anna VS Cambridge Building Society: Business Banking Review & Fee Comparison


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

Is Anna or Cambridge Building Society better for your small business?



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Below we look at both Anna and Cambridge Building Society 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 Homepage
Anna Homepage


Cambridge Building Society Homepage
Cambridge Building Society Homepage
 

Anna vs Cambridge Building Society Trustpilot Reviews

AnnaCambridge Building Society
Trustpilot Review Score (out of 5)4.63.1
Percent 5-Star Reviews85%53%
Percent 1- Star Reviews8%47%
Total Number of Reviews2,67715
Sources:
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/www.cambridgebs.co.uk

Anna vs Cambridge Building Society App Reviews

AnnaCambridge Building Society
iPhone Review Score (out of 5)4.54
Number of iPhone Reviews84635
Android Review Score (out of 5)3.92.6
Number of Android Reviews1,30029
Sources:
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229

Anna vs Cambridge Building Society Account Fees & Charges

AnnaCambridge Building Society
Free Business Bank AccountYesNo
Free Business Account Term Length1 MonthNA
Cheapest Monthly Account Fee£14.90£10
Most Expensive Monthly Account Fee£49.90£20
Electronic Payment Cost (in/out)20pFree
Cash Payments Cost (in/out)£1£1.50
Cheques (in/out)FreeFree
CHAPS Payments CostNoNo
SEPA Payments CostNoNo

Anna vs Cambridge Building Society Business Savings Rates

AnnaCambridge Building Society
Types of Business Savings AccountsNoneBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond
Lowest Savings Rate (AER)NA2.90%
Maximum Savings Rate (AER)NA4.25%
Minimum Savings AmountNA£1,000
Interest Paid On Foreign CurrenciesYesNo
 

Anna vs Cambridge Building Society Account Opening Times

AnnaCambridge Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 minutesUndisclosed
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoNo

Anna vs Cambridge Building Society Features & Account Types

Anna Account Types
Anna Features & Account Types


Cambridge Building Society Account Types
Cambridge Building Society Features & Account Types


AnnaCambridge Building Society
Business Current AccountYesNo
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardNone
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyLocations around Cambridge

Anna vs Cambridge Building Society Customer Support Options

AnnaCambridge Building Society
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Anna vs Cambridge Building Society Foreign Currency Accounts

AnnaCambridge Building Society
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)
No

Other Business Services From Anna and Cambridge Building Society

Anna Account Types
Other Anna Services


Cambridge Building Society Account Types
Other Cambridge Building Society Services


AnnaCambridge Building Society
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Anna vs Cambridge Building Society Banking Basics

AnnaCambridge Building Society
Bank TypeChallengerBuilding Society
FSCS ProtectionNoYes, up to £85,000
FCA Number789333157223
WebsiteAnna WebsiteCambridge Building Society Website

Common Comparison Questions

Does Anna or Cambridge Building Society 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, Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of which 53% are 5-star and 47% are 1-star.

Does Anna or Cambridge Building Society 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, Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.

Does Anna or Cambridge Building Society 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, Cambridge Building Society offers Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond accounts with interest rates ranging from 2.90% to 4.25% (AER).

See Other Comparisons:
Anna vs PayPal Debit
Anna vs Allica Bank
Anna vs Cater Allen
Anna vs AIB (Allied Irish Bank)
Anna vs Unity Trust


For other business bank accounts see our guide here.

 



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