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Anna VS ICICI Bank UK: Business Banking Review & Fee Comparison


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

Is Anna or ICICI Bank UK better for your small business?



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Below we look at both Anna and ICICI Bank UK 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


ICICI Bank UK Homepage
ICICI Bank UK Homepage
 

Anna vs ICICI Bank UK Trustpilot Reviews

AnnaICICI Bank UK
Trustpilot Review Score (out of 5)4.62.7
Percent 5-Star Reviews85%18%
Percent 1- Star Reviews8%74%
Total Number of Reviews2,67723
Sources:
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/www.icicibank.co.uk

Anna vs ICICI Bank UK App Reviews

AnnaICICI Bank UK
iPhone Review Score (out of 5)4.52.7
Number of iPhone Reviews846237
Android Review Score (out of 5)3.94
Number of Android Reviews1,300684
Sources:
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://apps.apple.com/gb/app/icici-bank-uk-imobile/id1223898732

Anna vs ICICI Bank UK Account Fees & Charges

AnnaICICI Bank UK
Free Business Bank AccountYesNo
Free Business Account Term Length1 MonthNA
Cheapest Monthly Account Fee£14.90£5
Most Expensive Monthly Account Fee£49.90£15
Electronic Payment Cost (in/out)20p25p
Cash Payments Cost (in/out)£1£5 per £1,000 / free
Cheques (in/out)Free£1
CHAPS Payments CostNo£20
SEPA Payments CostNoNo

Anna vs ICICI Bank UK Business Savings Rates

AnnaICICI Bank UK
Types of Business Savings AccountsNoneBusiness Savings Account, Business Fixed Deposit
Lowest Savings Rate (AER)NA2.85%
Maximum Savings Rate (AER)NA4.50%
Minimum Savings AmountNA£1
Interest Paid On Foreign CurrenciesYesYes
 

Anna vs ICICI Bank UK Account Opening Times

AnnaICICI Bank UK
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 minutes2 Working days
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Anna vs ICICI Bank UK Features & Account Types

Anna Account Types
Anna Features & Account Types


ICICI Bank UK Account Types
ICICI Bank UK Features & Account Types


AnnaICICI Bank UK
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyLondon, Birmingham and Manchester

Anna vs ICICI Bank UK Customer Support Options

AnnaICICI Bank UK
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Anna vs ICICI Bank UK Foreign Currency Accounts

AnnaICICI Bank UK
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • CNY (Chinese Yuan)
  • INR (Indian Rupee)
  • KRW (South Korean Won)
  • THB (Thai Baht)

Other Business Services From Anna and ICICI Bank UK

Anna Account Types
Other Anna Services


ICICI Bank UK Account Types
Other ICICI Bank UK Services


AnnaICICI Bank UK
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Anna vs ICICI Bank UK Banking Basics

AnnaICICI Bank UK
Bank TypeChallengerForeign Bank
FSCS ProtectionNoYes, up to £85,000
FCA Number789333223268
WebsiteAnna WebsiteICICI Bank UK Website

Common Comparison Questions

Does Anna or ICICI Bank UK 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, ICICI Bank UK scores 2.7 out of 5 based 23 Trustpilot reviews. Of which 18% are 5-star and 74% are 1-star.

Does Anna or ICICI Bank UK 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, ICICI Bank UK’s iPhone App is rated 2.7 out of 5 based on 237 reviews. And it’s Android App is rated 4 out of 5 based on 684 reviews.

Does Anna or ICICI Bank UK 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, ICICI Bank UK offers Business Savings Account, Business Fixed Deposit accounts with interest rates ranging from 2.85% to 4.50% (AER).

See Other Comparisons:
Anna vs Intergiro
Anna vs GoSolo
Anna vs 3S Money
Anna vs MultiPass
Anna vs Reliance Bank


For other business bank accounts see our guide here.

 



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