Coinbase Launches Savings Account in the UK

Starting today, select eligible Coinbase UK users can access a new savings account in the UK. At full launch, the Coinbase Savings Account (powered by ClearBank) will allow all eligible UK Coinbase users to earn 3.75% AER interest (variable), (1) paid daily, on GBP savings balances. The account provides instant deposits, withdrawals and no minimum balance or lockup. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) for balances up to £85,000 across all accounts with ClearBank. Coinbase is the first crypto-native exchange to offer an account of this kind in the UK.

Today, Brits don’t have one place that offers the best of crypto and traditional finance in one platform. That is why Coinbase is building an exchange for everything: a full financial suite for consumers, institutions and businesses to invest and grow their money with crypto. Supporting a high interest and instant access savings account alongside Coinbase’s most trusted crypto exchange (2) with stablecoins, 260+ assets, and a wide range of features is a step on the path to updating the financial system for the UK.

The United Kingdom is Coinbase’s largest international market and is a crucial market for our continued international expansion. The launch of the savings account follows Coinbase obtaining its VASP registration issued by the Financial Conduct Authority in February 2025 making Coinbase the largest UK registered crypto exchange.

Coinbase’s UK Roadmap

The launch of the Coinbase Savings Account highlights our commitment to offering Brits the best financial offering as an exchange for everything. We are focused on building products tailored to local UK needs that solve real pain points for our customers and with an aim of building the UK’s number 1 financial app. Crypto is increasingly becoming a tool for everyday financial empowerment, whether through assets like Bitcoin or payments options like stablecoins. The launch of the savings account is another proof point in the narrowing gap between traditional finance and the crypto economy, offering a bridge for users from the fiat to the crypto economy. We look forward to sharing more updates in the coming months about how we are enhancing our services for UK users.

(1) Interest rate is variable and may change based on market conditions

(2) Based on results of 2024 UK Qualtrics survey; see here