Updated September 28, 2026 · SumCue Editorial Team
ANNA Money vs Qonto
Qonto
ANNA Money
Higher score in this comparison
Where ANNA Money and Qonto differ
| Compare | ANNA MoneyReviewSee alternativesSee alternatives | QontoReviewVisitVisit |
|---|---|---|
| Annual fee | £0 | €0 |
| Currency conversion fee | 1%Lower | 2% |
| APR | Not confirmed | 17.5% |
| Perks | Not confirmed | Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost, Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans), Apple Pay and Google Pay compatible, 24/7 support in France, 7 days a week elsewhere |
| Card kind | Not confirmed | Credit |
Same on both: Rewards type (None).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- ANNA Money scores higher overall: 8.9 vs 8.6.
- Qonto is available in 7 more countries.
- Currency conversion fee is lower at ANNA Money: 1% vs 2%.
- Support channels: only Qonto offers Phone.
- Features: only Qonto offers Virtual card, Travel.
Our verdict on each
ANNA Money
ANNA Money suits businesses and sole traders who want a straightforward multi-currency account with no monthly or annual charge. Spend comes off a Mastercard debit card rather than a credit card, and the only real cost to weigh is the currency conversion fee of 1% when money moves outside the UK.
Qonto
Qonto suits businesses that want a low-cost Mastercard debit card with included card insurance and account remuneration. It is less suitable for frequent cash withdrawals or overseas spending, because free ATM withdrawals are €0 and currency conversion costs 2%.
Score breakdown
| Area | ANNA Money | Qonto |
|---|---|---|
| Cost | 9.2HigherMonthly fee £0 and annual fee £0 are both no annual fee, so running the account costs nothing. | 8.4Qonto charges a monthly fee of €9, currency conversion costs 2%, and the card has an annual fee of €0. |
| Offer | 9.4 | 9.4 |
| Trust | 8.3 | 8.4Higher |
How they place
| Ranking | ANNA Money | Qonto |
|---|---|---|
| Credit and debit cards | 563 of 1594 | 12 of 1594 |
| Debit cards | 355 of 826 | 10 of 826 |
Every fact side by side
| Fact | ANNA Money | Qonto |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Multi currency | Multi currency, Virtual card, TravelCovers more |
| Audience | Business | Business |
| Legal entity | Not confirmed | QONTO |
| Headquarters | United Kingdom | France |
| Founded | 2017 | 2017 |
| Support channels | Email, Chat, Help centre | Chat, Phone, Email, Help centreCovers more |
Debit cards
| Fact | ANNA Money | Qonto |
|---|---|---|
| Monthly fee | £0 | €9 |
| Free ATM withdrawals | Not confirmed | €0 |
| Card type | Debit | Debit |
| Card network | Mastercard | Mastercard |
| Currencies | Not confirmed | from 30 |
Savings
| Fact | ANNA Money | Qonto |
|---|---|---|
| Headline rate | Not confirmed | 1.5% |
| Rate type | Not confirmed | Variable |
| Minimum deposit | Not confirmed | €0 |
| Deposit protection | Not confirmed | EU DGS up to EUR 100,000 |
| Access terms | Not confirmed | Instant access to the money, no notice period; remuneration activated in the app, calculated daily on the total balance and paid on the 2nd of each month; requires at least 5 eligible payment transactions of at least 1 EUR per month |
| Account kind | Not confirmed | Cash management |
Where each stands against the rest
| Fact | ANNA Money | Qonto | Median |
|---|---|---|---|
| APR | Not confirmed | 17.5%above the median | 11.635% |
| Currency conversion fee | 1%at the median | 2%above the median | 1% |
Median across 486 listed providers.
Pros and cons
ANNA Money
Pros
- No monthly fee of £0 and no annual fee of £0, and the account is run as no annual fee
- Multi-currency accounts are supported as a multi currency
- Card is a debit card on the Mastercard network, so spending draws on current balance rather than credit
Cons
- Currency conversion costs 1% on foreign spend, so frequent overseas buying adds up
- Help is limited to email, chat and help centre, with no phone line listed
Qonto
Pros
- The Mastercard debit card has an annual fee of €0.
- Card insurance for travel, business purchases and fraud is included through Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
- Eligible Smart and Premium plans can receive account remuneration under the terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
Cons
- Qonto charges a monthly fee of €9, while bunq lists a monthly fee of €0.
- Free ATM withdrawals are €0, which may be costly for a business that regularly uses cash machines.
- The currency conversion fee of 2% is above the site median of 1%.
Who each suits
ANNA Money
Who it suits
- Businesses and sole traders that hold and spend in more than one currency
- Anyone who wants everyday spending on a Mastercard debit card with no monthly charge
Who should look elsewhere
- Anyone wanting a credit card, since the card offered is debit and rewards are none
- Frequent overseas spenders who would rather pay Wise's currency conversion fee of 0%
- Households rather than businesses, since the account is built for a business audience
Qonto
Who it suits
- Businesses that regularly use a Mastercard debit card for travel or business purchases.
- Smart and Premium plan customers who meet the remuneration terms in Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
- Users who want chat, phone, email and help-centre support through chat, phone and email.
Who should look elsewhere
- Businesses focused on low cost that may prefer bunq, whose monthly fee is €0.
- Frequent overseas spenders who prefer Wise and want to compare its fee with Qonto's 2%.
- Cash-heavy businesses that want free ATM withdrawals, because Qonto offers €0.
Current offers
Qonto
Current offer
Free trial
1-month free trial on all Qonto plans: 1 month free
Shown on Basic, Smart, Premium, Essential, Business and Enterprise plan cards on the pricing page.
Source, checked September 26, 2026
First period offer
Remunerated account: 5% AER for 2 months, then 1.5% AER: 5% AER for 2 months, then 1.5% AER
Smart and Premium plans; requires at least 5 eligible transactions per month; remunerated balance cap EUR 50,000 (Smart) or EUR 100,000 (Premium).
Source, checked September 26, 2026
Country by country
| Country | ANNA Money | Qonto |
|---|---|---|
| Austria | No | Yes |
| Belgium | No | Yes |
| France | No | Yes |
| Germany | No | Yes |
| Italy | No | Yes |
| Netherlands | No | Yes |
| Portugal | No | Yes |
| Spain | No | Yes |
8 of 9 countries where either is available.
Questions about each
ANNA Money
How much does an ANNA Money account cost to run?+
The monthly fee is £0 and the annual fee is £0, and the account is sold as no annual fee. The main charge most customers will meet is the currency conversion fee of 1% when spending or converting in another currency.
Is this a credit card or a debit card?+
It is a debit card on the mastercard network, so purchases draw on the money in the account rather than borrowing. Rewards are listed as none, so there is nothing to earn back on everyday spending.
Qonto
What does Qonto charge each month?+
Qonto's account fee is €9. The Mastercard debit card itself has an annual fee of €0. The card also offers a deferred debit option on Plus and X Cards at no extra cost under Card insurance included (travel, business purchases, fraud), Deferred debit option on Plus and X Cards at no extra cost and Account remuneration 5% AER for 2 months then 1.5% (Smart and Premium plans).
What does Qonto charge for currency conversion?+
Currency conversions cost 2%. This matters for business travel or purchases made outside the account's working currency. Qonto supports multi-currency features, but the conversion charge remains 2%.
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Qonto
ANNA Money