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Anna VS Cater Allen: Business Banking Review & Fee Comparison


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

Is Anna or Cater Allen better for your small business?



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Below we look at both Anna and Cater Allen 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


Cater Allen Homepage
Cater Allen Homepage
 

Anna vs Cater Allen Trustpilot Reviews

AnnaCater Allen
Trustpilot Review Score (out of 5)4.61.9
Percent 5-Star Reviews85%7%
Percent 1- Star Reviews8%80%
Total Number of Reviews2,677136
Sources:
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/www.caterallen.co.uk

Anna vs Cater Allen App Reviews

AnnaCater Allen
iPhone Review Score (out of 5)4.5No Rating
Number of iPhone Reviews846No Reviews
Android Review Score (out of 5)3.9No Rating
Number of Android Reviews1,300No Reviews
Sources:
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://www.apple.com/uk/app-store/

Anna vs Cater Allen Account Fees & Charges

AnnaCater Allen
Free Business Bank AccountYesNo
Free Business Account Term Length1 MonthNA
Cheapest Monthly Account Fee£14.90Free
Most Expensive Monthly Account Fee£49.90£25
Electronic Payment Cost (in/out)20p£2
Cash Payments Cost (in/out)£1Free
Cheques (in/out)Free£6
CHAPS Payments CostNo£25
SEPA Payments CostNo£2

Anna vs Cater Allen Business Savings Rates

AnnaCater Allen
Types of Business Savings AccountsNoneFixed Term, Notice Account
Lowest Savings Rate (AER)NA3.00%
Maximum Savings Rate (AER)NA4.70%
Minimum Savings AmountNANo
Interest Paid On Foreign CurrenciesYesYes
 

Anna vs Cater Allen Account Opening Times

AnnaCater Allen
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 minutes7 days
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoNo

Anna vs Cater Allen Features & Account Types

Anna Account Types
Anna Features & Account Types


Cater Allen Account Types
Cater Allen Features & Account Types


AnnaCater Allen
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online and phone only

Anna vs Cater Allen Customer Support Options

AnnaCater Allen
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportNoNo

Anna vs Cater Allen Foreign Currency Accounts

AnnaCater Allen
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)

Other Business Services From Anna and Cater Allen

Anna Account Types
Other Anna Services


Cater Allen Account Types
Other Cater Allen Services


AnnaCater Allen
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Anna vs Cater Allen Banking Basics

AnnaCater Allen
Bank TypeChallengerHigh Street
FSCS ProtectionNoYes, up to £85,000
FCA Number789333178737
WebsiteAnna WebsiteCater Allen Website

Common Comparison Questions

Does Anna or Cater Allen 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, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.

Does Anna or Cater Allen 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, Cater Allen’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.

Does Anna or Cater Allen 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, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).

See Other Comparisons:
Anna vs AIB (Allied Irish Bank)
Anna vs Unity Trust
Anna vs United Trust Bank
Anna vs HSBC Kinetic
Anna vs CardOneMoney


For other business bank accounts see our guide here.

 



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