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


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

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



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Below we look at both Anna and Saffron 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


Saffron Building Society Homepage
Saffron Building Society Homepage
 

Anna vs Saffron Building Society Trustpilot Reviews

AnnaSaffron Building Society
Trustpilot Review Score (out of 5)4.62.2
Percent 5-Star Reviews85%21%
Percent 1- Star Reviews8%73%
Total Number of Reviews2,67758
Sources:
https://www.trustpilot.com/review/anna.money
https://www.trustpilot.com/review/saffronbs.co.uk

Anna vs Saffron Building Society App Reviews

AnnaSaffron Building Society
iPhone Review Score (out of 5)4.53.7
Number of iPhone Reviews84624
Android Review Score (out of 5)3.93.7
Number of Android Reviews1,30014
Sources:
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275
https://apps.apple.com/gb/app/saffron-building-society/id1482290341

Anna vs Saffron Building Society Account Fees & Charges

AnnaSaffron 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£10
Electronic Payment Cost (in/out)20pFree
Cash Payments Cost (in/out)£1Free
Cheques (in/out)Free£1.50
CHAPS Payments CostNo£15
SEPA Payments CostNo25p

Anna vs Saffron Building Society Business Savings Rates

AnnaSaffron Building Society
Types of Business Savings AccountsNoneRegular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts
Lowest Savings Rate (AER)NA1.20%
Maximum Savings Rate (AER)NA5.75%
Minimum Savings AmountNA£1
Interest Paid On Foreign CurrenciesYesNo
 

Anna vs Saffron Building Society Account Opening Times

AnnaSaffron 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 ServiceNoYes

Anna vs Saffron Building Society Features & Account Types

Anna Account Types
Anna Features & Account Types


Saffron Building Society Account Types
Saffron Building Society Features & Account Types


AnnaSaffron Building Society
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftNoNo
Accounts For StartupsYesNo
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyLocations in Essex only

Anna vs Saffron Building Society Customer Support Options

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

Anna vs Saffron Building Society Foreign Currency Accounts

AnnaSaffron 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 Saffron Building Society

Anna Account Types
Other Anna Services


Saffron Building Society Account Types
Other Saffron Building Society Services


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

Anna vs Saffron Building Society Banking Basics

AnnaSaffron Building Society
Bank TypeChallengerBuilding Society
FSCS ProtectionNoYes, up to £85,000
FCA Number789333100015
WebsiteAnna WebsiteSaffron Building Society Website

Common Comparison Questions

Does Anna or Saffron 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, Saffron Building Society scores 2.2 out of 5 based 58 Trustpilot reviews. Of which 21% are 5-star and 73% are 1-star.

Does Anna or Saffron 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, Saffron Building Society’s iPhone App is rated 3.7 out of 5 based on 24 reviews. And it’s Android App is rated 3.7 out of 5 based on 14 reviews.

Does Anna or Saffron 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, Saffron Building Society offers Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts accounts with interest rates ranging from 1.20% to 5.75% (AER).

See Other Comparisons:
Anna vs OakNorth
Anna vs Airwallex
Anna vs Triodos Bank
Anna vs Soldo
Anna vs Cambridge Building Society


For other business bank accounts see our guide here.

 



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