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Anna VS MyPOS: Business Banking Review & Fee Comparison


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

Is Anna or MyPOS better for your small business?



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Below we look at both Anna and MyPOS 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


MyPOS Homepage
MyPOS Homepage
 

Anna vs MyPOS Trustpilot Reviews

AnnaMyPOS
Trustpilot Review Score (out of 5)4.64.2
Percent 5-Star Reviews85%67%
Percent 1- Star Reviews8%11%
Total Number of Reviews2,67710,019
Sources:
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/mypos.com

Anna vs MyPOS App Reviews

AnnaMyPOS
iPhone Review Score (out of 5)4.54.2
Number of iPhone Reviews846698
Android Review Score (out of 5)3.93.3
Number of Android Reviews1,30014,900
Sources:
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://apps.apple.com/gb/app/mypos-accept-all-payments/id934401253

Anna vs MyPOS Account Fees & Charges

AnnaMyPOS
Free Business Bank AccountYesYes
Free Business Account Term Length1 MonthNo Limit
Cheapest Monthly Account Fee£14.90No
Most Expensive Monthly Account Fee£49.90No
Electronic Payment Cost (in/out)20p£1.50
Cash Payments Cost (in/out)£1£2
Cheques (in/out)FreeUnknown
CHAPS Payments CostNoNo
SEPA Payments CostNo£3

Anna vs MyPOS Business Savings Rates

AnnaMyPOS
Types of Business Savings AccountsNoneNone
Lowest Savings Rate (AER)NANA
Maximum Savings Rate (AER)NANA
Minimum Savings AmountNANA
Interest Paid On Foreign CurrenciesYesNo
 

Anna vs MyPOS Account Opening Times

AnnaMyPOS
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 minutesFew minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceNoNo

Anna vs MyPOS Features & Account Types

Anna Account Types
Anna Features & Account Types


MyPOS Account Types
MyPOS Features & Account Types


AnnaMyPOS
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeMastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Anna vs MyPOS Customer Support Options

AnnaMyPOS
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Anna vs MyPOS Foreign Currency Accounts

AnnaMyPOS
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)
No

Other Business Services From Anna and MyPOS

Anna Account Types
Other Anna Services


MyPOS Account Types
Other MyPOS Services


AnnaMyPOS
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoYes
Free Accounting SoftwareNoYes

Anna vs MyPOS Banking Basics

AnnaMyPOS
Bank TypeChallengerOther
FSCS ProtectionNoNo
FCA Number789333900826
WebsiteAnna WebsiteMyPOS Website

Common Comparison Questions

Does Anna or MyPOS 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, MyPOS scores 4.2 out of 5 based 10,019 Trustpilot reviews. Of which 67% are 5-star and 11% are 1-star.

Does Anna or MyPOS 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, MyPOS’s iPhone App is rated 4.2 out of 5 based on 698 reviews. And it’s Android App is rated 3.3 out of 5 based on 14,900 reviews.

Does Anna or MyPOS 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, MyPOS offers None accounts with interest rates ranging from NA to NA (AER).

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


For other business bank accounts see our guide here.

 



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We do not provide merchant services nor can we recommend which solution is right for you and your business.
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