ANNA Money review
ANNA earns its place by doing the admin you avoid: it creates invoices, chases the people who have not paid them, and its +Taxes add-on will calculate and file VAT and Corporation Tax. The Pay As You Go plan has no monthly fee, you simply pay per transaction. The trade-off is protection: ANNA is e-money, so your main balance is safeguarded rather than FSCS-protected.
| Monthly fee | Pay As You Go has no monthly fee, you pay per transaction. The Business plan is £22.90 a month plus VAT, Big Business £59.90 plus VAT. A +Taxes add-on at £29 a month plus VAT files VAT and Corporation Tax for you. |
| Protection | E-money account. Funds are safeguarded under the Electronic Money Regulations, not FSCS-protected. ANNA's separate savings pots are provided by Griffin Bank with FSCS cover. |
| Cash deposits | Deposit via PayPoint or Post Office. On Pay As You Go it costs 0.95% of the amount; paid plans include some free deposits. Limits: £1,000 a day, £10,000 a month. |
| Invoicing | Creates invoices and chases late payers for you |
| Accounting | Its own bookkeeping plus the +Taxes filing add-on |
| Who can open it | Sole traders and limited companies. Can also register a limited company for you. |
Built for the badly-behaved paperwork pile
ANNA's pitch is a business account that behaves like an assistant. Invoices go out from the app, reminders chase late payers automatically, receipts get matched, and the +Taxes add-on (£29 a month plus VAT, for limited companies) handles VAT returns, Corporation Tax estimates and filing.
Plans: Pay As You Go at £0 a month, Business at £22.90 plus VAT with fee-free allowances, Big Business at £59.90 plus VAT. Most freelancers can sit on Pay As You Go and let the per-transaction pennies be the price of the automation.
Know what it is not
ANNA is not a bank. Your main balance is safeguarded under the e-money rules rather than FSCS-protected, though ANNA's savings pots sit with Griffin Bank and do carry FSCS cover. For everyday cashflow that distinction is mostly academic; for a five-figure warchest, keep it at a licensed bank.
Cash goes in via PayPoint or the Post Office from 0.95% on the free plan, capped at £1,000 a day and £10,000 a month.
The ledger, balanced
In credit
- Chases unpaid invoices for you automatically
- Genuine £0/month Pay As You Go plan
- +Taxes add-on files VAT and Corporation Tax
In debit
- Main balance is not FSCS-protected
- Per-transaction fees add up for busy accounts
- Cash limited to £1,000 a day
Questions people actually ask
Is ANNA Money safe to use?
ANNA is an FCA-regulated e-money institution. Your funds are safeguarded in segregated accounts rather than FSCS-protected, and its separate savings pots are held at Griffin Bank with FSCS cover up to £120,000.
How much does ANNA cost?
Pay As You Go has no monthly fee and charges per transaction. The Business plan is £22.90 a month plus VAT, Big Business £59.90 plus VAT, and the +Taxes filing add-on £29 a month plus VAT.
Does ANNA really chase late invoices?
Yes. ANNA sends automatic, escalating reminders to clients who have not paid your invoices, which is the feature its users mention most.
Verified 3 Jul 2026 against anna.money pricing page. Confirm details with the provider before applying. We may earn a commission through links on this page.