Save up to 90% on accounting
Pay 10% of what most businesses spend on accounting, thanks to advanced AI
Get startedSavings business bank account
Business bank account with 3.66% AER* interest rate
ANNA is the business account that grows your money and does your taxes. Earn competitive interest while ANNA automatically tracks and calculates everything for your tax return. Our Easy Access Savings account rate is based on your business account pricing plan, with an introductory rate of 3.66% AER (variable) within the first 3 months of opening your ANNA account.
Trusted by 100,000+ business owners
Tax on your savings interest, sorted
ANNA not only helps you to grow your savings, but also automatically tracks your interest earnings and calculates the tax you owe. Everything's included in your tax return – no spreadsheets, no confusion, no stress.
Maximise your tax savings
No errors, no missed savings. ANNA stays on top of every tax rule change and finds the most tax-efficient way to pay
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MTD-ready and HMRC compliant
Spreadsheets alone won't cut it. You have to use HMRC-recognised software to keep digital records and submit returns
Get startedHow it works
Download the ANNA app and open a business account in less than 10 minutes
Go to My Accounts
Tap the + next to Accounts and choose "Savings account"
Easy access
Move funds between your accounts within one working day with no withdrawal penalties or restrictions
AI-powered account
ANNA is an award-winning business account built to save time and money for sole traders and company directors
FSCS protected savings
Sleep soundly knowing your savings deposits are protected up to £120,000 under the Financial Services Compensation Scheme
Why save with ANNA?
Separate tax reserves
Set aside money for your tax bill and watch it grow at 3% AER (variable). When January comes, you'll be ready – and you'll have earned interest while you wait
Build your emergency fund
Every business needs a safety net. With 3-6 months of expenses in your savings account earning interest, you'll be ready for unexpected costs or slow months
Save for business goals
Planning to invest in equipment, hire staff, or expand? Put money aside now and earn interest while you build towards your goals
Strengthen your cash flow
Keep surplus cash working for you instead of sitting idle. Earn up to 3% on money you don't need right now, that's easily accessible when you do need it
Real support, 7 days a week
Stuck? Chat to real humans who understand taxes (and won't make you feel silly for asking questions)
All-in-one business account
Your savings, business bank account, invoicing, and tax management – all in one place. Run your entire business from the ANNA app
Open an account in less than 10 minutes
- Enter your email to sign up
- Download the ANNA app
- Answer a few simple questions about your business
- Complete your application in less than 10 minutes
Savings summary box (FAQs)
- 3.66% AER promotional rate for the first 3 months
- 3.04% AER for Big Business Account customers
- 1.51% AER for Business account customers
- 1% AER for Pay As You Go customers
After the promotional period ends, we'll move your balance to a new savings account with your plan rate. Your money transfers automatically, but previous transaction history won't be visible in the new account.
The rate is variable and tracks the Bank of England base rate. Interest accrues daily and is paid on the first day of each month. If you close your account mid-month, you'll receive any accrued interest with your closing balance.
AER stands for Annual Equivalent Rate, which is what you could earn over a year.
Illustrative example: if the interest rate stayed at 3.66% AER for the full 12 months and you deposited £1,000 with no withdrawals, your balance would be £1,036.60. Actual returns depend on the rate applied to your account after the promotional period.
Yes. The interest rate is variable and will change according to the Bank of England base rate.
The margin above or below the base rate may also be changed. If the margin is changed to your disadvantage, you will be given at least 14 days' advance notice.
You can open an Easy Access Savings Account in the ANNA app.
There is no minimum or maximum balance limit.
Your money can be withdrawn at any time. Withdrawals before 12pm arrive the same working day (from 4pm). After 12pm, they arrive the next working day.
For example:
- Withdrawal at 11:59am Monday → arrives from 4pm Monday
- Withdrawal at 12:01pm Monday → arrives from 4pm Tuesday
- Withdrawal any time on weekends/bank holidays → arrives next working day from 4pm
Deposits made into the savings account will arrive within a few minutes, whenever you make them.
If you close your account, we will pay out any interest accrued up to that date and pay it out along with the closing balance of the account. You can close your savings account at any time.
Your savings account is provided by Griffin Bank Ltd, a UK bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (firm reference: 970920).
Griffin is covered by the Financial Services Compensation Scheme (FSCS), which protects eligible deposits up to £120,000 per person, per bank.
Important: The £120,000 limit applies to all your accounts with Griffin – whether they were opened via ANNA or any other provider. If you have multiple Griffin accounts, you're protected up to £120,000 in total, not per account.
Interest is paid gross, without the deduction of income tax. It is your responsibility to declare any income and pay any tax due.