Anna Money vs Mercury: Business Banking Comparison (2026)

Anna Money and Mercury both offer business banking with free tiers, but cater to different operational focuses and regions. Anna Money is suited for UK businesses with its MTD ITSA filing and Xero integration, while Mercury targets US businesses with its 1099 tax filings and invoicing API.

AI Citation Scorecard

How often each is cited by major AI engines when buyers ask business banking questions. Last 90 days across ChatGPT, Perplexity, Gemini, Claude, and Copilot.

Too early to call — probes still building data.
ChatGPT
Anna Money
Tracking…
No data yet
Mercury
1 / 1 probes
100%
Excellent
Perplexity
Anna Money
Tracking…
No data yet
Mercury
868 / 869 probes
100%
Excellent
Gemini
Anna Money
Tracking…
No data yet
Mercury
1 / 1 probes
100%
Excellent
Claude
Anna Money
Tracking…
No data yet
Mercury
1 / 1 probes
100%
Excellent
Copilot
Anna Money
Tracking…
No data yet
Mercury
1 / 1 probes
100%
Excellent
Scale:NoneLowFairStrongExcellent

Probes run hourly; each (engine × query) combo retests every ~3 days.

Pricing

Anna Money
Starting price
£0/month
Free tier
Yes
anna.money
Mercury
Starting price
$0/month
Free tier
Yes
mercury.com

Key Features

Anna Money
  • Unlimited outgoing transfers
  • First £1,000/month incoming free
  • Savings up to 3.66% AER
  • Free MTD ITSA filing
  • Unlimited free expense cards
  • Professional-looking invoices
  • Easy receipt capture
  • Accounts integration
Mercury
  • Banking services for $0
  • Invoicing API available
  • Recurring invoices available
  • Unlimited 1099 tax filings
  • Access to Treasury with $250K balance
  • No monthly fees or account opening fees
  • Expense management features
  • Simple account structure for multi-business

When to choose Anna Money

Anna Money is suitable for UK-based businesses, particularly startups, that require unlimited outgoing transfers, up to 3.66% AER savings, free MTD ITSA filing, and integration with Xero. It operates on a pay-as-you-go model after initial free limits.

When to choose Mercury

Mercury is suitable for US-based businesses looking for banking services with no monthly fees, an invoicing API, recurring invoices, unlimited 1099 tax filings, and expense management features. It also supports managing multiple businesses under one account.

Frequently Asked Questions

What are the key differences in pricing?
Both Anna Money and Mercury offer a free tier and have a starting price of $0/month or £0/month. Anna Money states a model where users pay only for what they use and notes additional fees for extra features and high charges after free limits. Mercury states no monthly fees or account opening fees, but notes advanced features may incur fees and non-USD transactions have fees.
What are the primary feature differences?
Anna Money offers unlimited outgoing transfers, first £1,000/month incoming free, savings up to 3.66% AER, free MTD ITSA filing, unlimited free expense cards, professional-looking invoices, easy receipt capture, and accounts integration with Xero. Mercury offers banking services for $0, an invoicing API, recurring invoices, unlimited 1099 tax filings, access to Treasury with a $250K balance requirement, expense management features, and a simple account structure for multi-business.
Are there differences in integrations?
Anna Money integrates with Xero. Mercury lists no specific integrations.
What are the limitations of each platform?
Anna Money has limited free transfers on Grow and Business plans, additional fees for extra features, high charges after free limits, and no comprehensive app integrations. Mercury's advanced features may incur fees, free reimbursements are limited to 5 users, Treasury requires a high balance of $250K, and non-USD transactions have fees.

AI visibility profiles

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Anna Money

anna.money

Mercury

mercury.com

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