Top 10 Alternatives to Anna Money

ANNA Money is a financial service provider in the UK that offers business accounts and various financial tools tailored for small businesses, freelancers, and creative professionals. This article will explore alternatives to ANNA Money, highlighting other financial services that provide similar features and benefits.

Reviews

Users have shared a variety of experiences with ANNA Money, reflecting both positive and negative sentiments. Many appreciate the quick account setup, which takes less than 10 minutes, and the immediate availability of virtual debit cards. The integration with Apple Pay and Google Pay, along with expense management tools, has also been highlighted as particularly helpful. However, some users have expressed frustration over the lack of Financial Services Compensation Scheme (FSCS) protection, as ANNA is not a bank. Additionally, there have been concerns about the safeguarding procedures required to secure money.

• "The account setup was incredibly fast and easy, and the virtual card was available immediately." - John D.
• "I was disappointed to find out that ANNA is not covered by FSCS, which makes me uneasy about the security of my funds." - Sarah L.

For more detailed reviews, visit ANNA Money Reviews.

Best alternatives to Anna Money

1. OneSafe

OneSafe is a financial technology company offering a blend of traditional and Web3 financial services, providing comprehensive account services tailored for companies that operate both in fiat and cryptocurrencies.

• Features: Simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security.
• Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, fiat to crypto conversion included.
• Testimonials: Users praise OneSafe for its exceptional customer support and seamless financial operations. Many highlight its effectiveness in simplifying payroll and expense management, making it an essential tool for Web3 companies. For more details, visit the OneSafe website.

2. Novo

Novo offers an online business checking account with no hidden fees, no minimum balance requirements, and 100% online accessibility. It provides tools for managing business finances, including bookkeeping, invoicing, credit cards, and funding options. Novo emphasizes ease of use, affordability, and personalized customer service to help businesses start, succeed, and scale.

• Features: No hidden fees, no minimum balance requirements, 100% online account management, free ACH transfers with low-cost express availability, free incoming wires, free virtual and physical debit cards, ATM fee reimbursement up to $7/month, AI-powered bookkeeping, automated budgeting with Reserves, exclusive partner discounts, FDIC insurance up to $250,000 via Middlesex Federal Savings, F.A., personalized customer service tailored for business needs.
• Pricing: Novo offers a transparent pricing model with no hidden fees and no minimum balance requirements. The account includes free ACH transfers, free incoming wires, and ATM fee reimbursement up to $7/month. There are no monthly maintenance fees, making it an affordable option for small businesses.
• Testimonials: Users generally appreciate Novo for its user-friendly platform and small business-friendly services. One positive comment from Lisa Benson highlights how Novo has become a "total game-changer" for her business, emphasizing its ease of use and intuitive design. On the other hand, a negative comment from Clean Sweep criticizes Novo for closing an account due to inactivity without proper notification and poor customer service. For more detailed reviews, visit the Novo Reviews page.

3. Moss

Moss is a spend management solution designed to help companies control and optimize their spending. It offers real-time tracking of budgets, employee card management, receipt management, and streamlined month-end closing processes.

• Features: Employee cards with adaptable limits and custom approval policies, effortless receipt capture via app or email integrations, real-time, automatically categorized card spend with two-way integrations with accounting software, achieve a 4.5x ROI within 3 years, end-to-end security, privacy by design, and compliance with GDPR and other regulations.
• Pricing: Moss offers a free Starter Plan that includes up to 3 users, unlimited virtual debit cards, 1 physical card per user, web and mobile app access, and standard accounting integrations. For more advanced needs, custom packages are available with modular pricing based on selected modules and add-ons, including corporate cards, employee reimbursements, accounts payable, advanced controlling, advanced accounting, procurement, and ERP integrations.
• Testimonials: Users generally appreciate Moss for its straightforward solution and excellent customer support. Farida Fouad praised Moss as a "great financial tool" with "great customer support." On the other hand, Pow expressed disappointment with the recent update, stating that the new layout is not user-friendly and customer service has become unresponsive. For more detailed reviews, visit the Moss Reviews page.

4. VIALET

VIALET Business Account offers a secure and flexible payment solution for businesses of all sizes. It allows for easy online application and setup within three business days. The service includes features like budget control, comprehensive transaction management, and enhanced reporting to help businesses manage their finances efficiently.

• Features: Online onboarding without branch visits, remote ID verification, electronic signing, budget control with adjustable spending limits, comprehensive transaction management with real-time alerts, enhanced reporting with detailed transaction history and downloadable statements, quick account setup, high security standards (PSD2 compliant), personalized support from account managers, tailored services for startups and global businesses.
• Pricing: VIALET offers transparent pricing, ensuring clear costs to free up resources for business success. Specific pricing details or fee structures are not provided on the webpage; users are encouraged to sign up or contact VIALET directly for detailed information.
• Testimonials: Users generally appreciate VIALET for its professional and welcoming service. Emilė Barakauskaitė praised VIALET for being "professional, kind, and fast," making users feel important. On the other hand, Christina Petridi criticized VIALET, calling it a "fraud" and expressing frustration over unresponsive customer support. For more detailed reviews, visit the VIALET Reviews page.

5. Fiducial Banque

FIDUCIAL Banque offers an online banking service specifically designed for professionals, starting at 12€ HT/month. The service includes a dedicated advisor from the account opening, a wide range of banking services, and 24/7 availability through an online client space and mobile application.

• Features: Dedicated advisor, banking license from ACPR, comprehensive payment methods including CB, cheques, SEPA transfers, international transfers, and cash, full range of services including placements and financing, 100% French bank with advisors and data hosting based in France, transparent pricing with no hidden fees, recognized as the best online bank for professionals in 2024.
• Pricing: The professional account is available starting at 12€ HT (excluding tax) per month.
• Testimonials: Users have mixed feelings about FIDUCIAL Banque. Positive: "Je suis personnellement très satisfait de cette banque. C’est la seule qui propose un conseiller dédié... Faites-vous votre propre opinion!" - SOleil Or. Negative: "Une bande d’escrocs Fabien Thomas un commercial pas honnête et vicieux qui ne tient nullement ses engagements." - abdel malik Abdel. For more detailed reviews, visit the Fiducial Reviews page.

6. Wise

Wise offers an international account that allows users to send, receive, and manage money in multiple currencies. It is designed to facilitate global financial transactions with minimal fees and transparent exchange rates.

• Unique Features: Multi-currency account holding and converting money in over 40 currencies, low fees saving up to 5x on international transfers, guaranteed exchange rates for a specified period, Wise debit card for spending and withdrawing cash in multiple currencies without foreign transaction fees, interest earning on GBP, EUR, and USD balances, regulatory compliance with FCA and other global authorities, high security measures including 2-factor authentication, trusted by millions of customers and businesses, specialized business accounts for managing international payments and cash flow, global reach supporting numerous countries and currencies.
• Pricing: Registering with Wise is free. Sending money incurs a fee starting from 0.29%, varying by currency. Holding money in your account is free for over 40 currencies. Receiving money is free for local payments and account details in 23 currencies, with a $6.11 fee for USD wire and Swift payments, and a 10 CAD fee for CAD Swift payments. Receiving Swift payments in 21 currencies is free, though correspondent banks might charge fees.
• Testimonials: Users generally appreciate Wise for its ease of use and cost-effectiveness. Cherilyn A. from a small business noted, "You can set up and receive multiple currencies. I could use it as my card/debit card abroad. Easy for me to convert the USD funds I have to the currencies of the country I'm vacationing." However, a verified user from a small business criticized the customer support, stating, "Customer Support is the worst among all the products that I used, they're just incompetent." For more detailed reviews, visit the Wise Business Reviews page.

7. Vivid Business

Vivid Business accounts offer fast registration, German IBANs, instant transfers, and essential financial tools for companies and freelancers. The accounts come with features like free IBANs, integrations with accounting software, high-interest rates, cashback on purchases, and robust security measures.

• Unique Features: Free account with up to 30 DE IBANs, 5% interest annually for the first 2 months then up to 3.5%, up to €150 cashback per month on selected categories, SEPA and SWIFT instant transfers, sync with accounting software like DATEV and sevDesk, compliance with PCI DSS, 3D Secure, and GDPR, team access via mobile and web apps, transparent pricing plans.
• Pricing: Vivid Business offers multiple plans: Free Start (0 €), Basic (7 € monthly), Pro (19 € monthly), Enterprise (79 € monthly), and Enterprise+ (249 € monthly). Each plan includes varying features such as interest rates, cashback percentages, card options, team members, and accounts. Additional fees apply for extra accounts, team members, inactive cards, SEPA and SWIFT transfers, and ATM withdrawals.
• Testimonials: Users generally appreciate Vivid Business for its ease of use and comprehensive features. One positive comment from Dusan states, "As a newcomer in Germany, I received a personal recommendation to open my account at VIVID. It’s been the best decision ever!" On the other hand, Claus Kølle expressed frustration, "Vivid has terminated my account since October and they`re holding 6,700 Euros of my money!" For more detailed reviews, visit the Vivid Money Reviews page.

8. Countingup

Countingup offers a business account service designed for self-employed individuals and small businesses in the UK. It allows users to open an account online in under 5 minutes, manage their finances, create and send invoices, and handle bookkeeping and tax-related tasks through an integrated app. The service is trusted by over 50,000 UK businesses and is backed by ING and Sage.

• Features: Quick account setup in under 5 minutes, accept payments via UK bank-to-bank transfers, international transfers, and card payments, create and send unlimited professional invoices for free, automatic categorisation of expenses, real-time tax insights, secure data sharing with accountants.
• Pricing: Free 3-month trial, followed by a subscription fee based on monthly deposits: £3/month for deposits £0 – £750, £9/month for deposits £750 – £7,500, £18/month for unlimited deposits. Additional transaction fees include 30p for account transfers and direct debits, 3% for foreign transactions, £1 per ATM withdrawal, 0.5% (minimum £2) for Post Office cash loads, 3% for PayPoint cash loads, and £5 for a replacement card.
• Testimonials: Users generally appreciate Countingup for its ease of use and comprehensive features. One positive comment from Rian Cojocnean states, "I love to use them. It's easy to follow up on the expenses and profits, and there's a tax pot to which the tax money can be added." On the other hand, a negative comment from e.g toal highlights issues with account blocking and customer service, stating, "For the 2nd time in a month acc has been blocked... they leave you with no answer no way to phone them and no way to take payments." For more detailed reviews, visit the Countingup Reviews page.

9. Ampere

Ampere is an all-in-one financial service designed for businesses, offering a range of products including business accounts, currency exchange, loans, merchant accounts, debit cards, and invoicing tools. It aims to simplify financial management for businesses by providing low exchange rates, quick account opening, and various business tools in one platform.

• Features: All-in-One Business Current Account, low currency exchange rate at 0.35%, tailored offers for business loans and commercial mortgages, free merchant account set-up with rates starting from 0.65%, ability to create and send invoices directly from the bank account, no monthly fees for corporate and private debit cards, fast setup for GBP and EUR accounts with respective payment systems.
• Pricing: Business Account setup fee: £35.00, Business Account maintenance per month: £20.00, Private Account setup fee: £25.00, Private Account maintenance per month: £10.00, local transfers in GBP and EUR are free, incoming international transfer in GBP/EUR (SWIFT): £25.00, currency exchange at 0.35%, card issue fee: £15.00, no monthly card fee, ATM domestic and international withdrawal: £1.50.
• Testimonials: Users generally appreciate Ampere for its efficient customer service and ease of use. One positive comment from Balaji Pawar states, "I’ve been with Ampere for a while, and I can confidently say their customer service is one of the best I’ve experienced." On the other hand, a negative comment from Jaeme highlights issues, stating, "Unreliable with your money and transfers and customer service is basically non-existent." For more detailed reviews, visit the Ampere Reviews page.

10. Propulse by CA

Propulse by Crédit Agricole is a 100% online professional account service designed to support entrepreneurs. It offers a comprehensive suite of tools and resources to manage business finances, create invoices, and handle administrative tasks.

• Unique Features: Fully online professional payment account, quick setup in less than 5 minutes, affordable pricing starting at 8 € HT/month, high payment limits up to 40,000 €/month, integrated tools for creating invoices and automatic Urssaf declarations, over 1500 articles and guides for entrepreneurs.
• Pricing: The service starts at 8 € HT/month with no commitment and the first month free. Additional features and services may have separate costs, which can be found on the detailed pricing page.
• Testimonials: Users generally appreciate Propulse by CA for its ease of use and helpful features. Wassim Y. described it as "life-changing," while Mathieu P. noted, "Frankly great application but it's a shame that instant transfers are not available and sending invoices or quotes from the application." For more detailed reviews, visit the Propulse by CA Reviews page.

Which one should you go with?

In conclusion, while each of these financial services offers unique features and benefits tailored to various business needs, OneSafe stands out for its seamless integration of traditional and Web3 financial services, exceptional customer support, and comprehensive account services. Whether you're a small business, freelancer, or a company operating in both fiat and cryptocurrencies, OneSafe provides a robust and secure platform to manage your finances efficiently. While any of these options could be a good fit, we recommend considering OneSafe if you're looking for a reliable and innovative alternative to ANNA Money.