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Nationwide VS Anna: Business Banking Review & Fee Comparison


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

Is Nationwide or Anna better for your small business?



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Below we look at both Nationwide and Anna 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.

Nationwide Homepage
Nationwide Homepage


Anna Homepage
Anna Homepage
 

Nationwide vs Anna Trustpilot Reviews

NationwideAnna
Trustpilot Review Score (out of 5)1.74.6
Percent 5-Star Reviews15%85%
Percent 1- Star Reviews75%8%
Total Number of Reviews5,5092,677
Sources:
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/anna.money

Nationwide vs Anna App Reviews

NationwideAnna
iPhone Review Score (out of 5)4.84.5
Number of iPhone Reviews595,000846
Android Review Score (out of 5)4.53.9
Number of Android Reviews106,0001,300
Sources:
https://apps.apple.com/gb/app/nationwide-mobile-banking/id542355130
https://apps.apple.com/gb/app/anna-business-account-tax/id1333008275

Nationwide vs Anna Account Fees & Charges

NationwideAnna
Free Business Bank AccountNoYes
Free Business Account Term LengthNA1 Month
Cheapest Monthly Account Fee£6.50£14.90
Most Expensive Monthly Account Fee£30£49.90
Electronic Payment Cost (in/out)Free20p
Cash Payments Cost (in/out)1%£1
Cheques (in/out)£1.50Free
CHAPS Payments Cost£15No
SEPA Payments CostNoNo

Nationwide vs Anna Business Savings Rates

NationwideAnna
Types of Business Savings AccountsInstant access, Limited access, Fixed rateNone
Lowest Savings Rate (AER)2.25%NA
Maximum Savings Rate (AER)6.50%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

Nationwide vs Anna Account Opening Times

NationwideAnna
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days3 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Nationwide vs Anna Features & Account Types

Nationwide Account Types
Nationwide Features & Account Types


Anna Account Types
Anna Features & Account Types


NationwideAnna
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeVisaMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

Nationwide vs Anna Customer Support Options

NationwideAnna
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Nationwide vs Anna Foreign Currency Accounts

NationwideAnna
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Canadian Dollar
  • Australian Dollar
  • GBP (British Pound)
  • EUR (Euro)
  • USD (United States Dollar)

Other Business Services From Nationwide and Anna

Nationwide Account Types
Other Nationwide Services


Anna Account Types
Other Anna Services


NationwideAnna
Business LoansNoYes
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Nationwide vs Anna Banking Basics

NationwideAnna
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number106078789333
WebsiteNationwide WebsiteAnna Website

Common Comparison Questions

Does Nationwide or Anna have better customer reviews?

Nationwide scores 1.7 out of 5 based 5,509 Trustpilot reviews. Of these reviews 15% are 5-star and 75% are 1-star.

Whereas, Anna scores 4.6 out of 5 based 2,677 Trustpilot reviews. Of which 85% are 5-star and 8% are 1-star.

Does Nationwide or Anna have a better App?

Nationwide’s iPhone App is rated 4.8 out of 5 based on 595,000 reviews. And it’s Android App is rated 4.5 out of 5 based on 106,000 reviews.

In comparison, 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.

Does Nationwide or Anna have better business savings rates?

Nationwide offers the following types of business savings accounts: Instant access, Limited access, Fixed rate with interest rates ranging from 2.25% to 6.50%. (AER)

In contrast, Anna offers None accounts with interest rates ranging from NA to NA (AER).

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


For other business bank accounts see our guide here.

 



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