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Coinbase introduces a savings account for UK customers

Coinbase introduces a savings account for UK customers, with quick setup and interest on balances. Learn how it works, eligibility, deposits, and fees.

Coinbase introduces a savings account for UK customers

Direct link: Coinbase introduces a savings account for UK customers

Starting today, select eligible Coinbase users in the UK can open a new savings account. At full rollout, the Coinbase Savings Account, powered by ClearBank, will offer eligible UK customers 3.75% AER interest (variable), paid daily, on GBP balances.

What you get:

  • Instant deposits and withdrawals
  • No minimum balance and no lock-in
  • FSCS protection on eligible deposits up to £85,000, across all accounts held with ClearBank

Coinbase is the first crypto-native exchange to provide this type of account in the UK. The goal is to bring crypto and traditional finance together in one place so people can manage and grow their money with confidence.

Pairing an instant access savings account with Coinbase’s trusted crypto platform, stablecoins, and more than 260 assets is another step toward modernizing finance in the UK.

The United Kingdom is Coinbase’s largest market outside the United States and a key focus for growth. This launch follows Coinbase receiving its VASP registration from the Financial Conduct Authority in February 2025, which makes Coinbase the largest UK registered crypto exchange. 

Coinbase United Kingdom (UK) roadmap

This savings account reflects a long-term plan to build the best all-in-one finance app for people in the UK. The focus is on practical features that solve real problems, from simple saving to using crypto for investing and payments.

Crypto is becoming part of everyday money management, whether through assets like Bitcoin or payment options like stablecoins. The savings account helps connect traditional banking with the crypto economy, giving users a straightforward path from pounds to crypto.

Eligible UK Coinbase customers can apply for a Coinbase Savings Account 

JustMarkets Broker Details

Headquarters
Seychelles: office 10, floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles Cyprus: office 102, 13/15 Grigori Afxentiou, 4003, Limassol, Cyprus
Founded
2012
Country
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Email
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Trading platforms
MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Multi Terminal, MT5 for Desktop, MT5 Web Terminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, Platform for Android, Platform for iOS
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Max. leverage
1:3000*
Min. deposit
1
Base currencies
USD EUR GBP JPY MYR IDR THB VND KWD CNY ZAR
Min. spreads
0.2 pips
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Forex Bonus Guide: Types, Rules and How to Pick the Right Offer

A forex bonus is extra trading money or a reward that a broker gives you for opening an account, depositing, trading or joining a promotion. Used well, it lets you test a broker and trade with a bigger cushion. Used carelessly, it ties up your profit behind rules you did not read.

What is a forex bonus?

A forex bonus is an incentive a broker adds to your trading account. Most bonuses arrive as trading credit: it increases your balance or margin so you can open trades, but it is not cash you can withdraw straight away. You turn it into real money by trading a set volume or meeting other conditions.

A smaller group of offers pays cash rewards, such as rebates or contest prizes, which you can usually withdraw once they land in your account. Brokers use bonuses to win new clients and keep active traders, so the terms always favour activity: the more you trade, the more of the bonus or its profit you unlock.

The main types of forex bonus

How forex bonus terms work

Every forex bonus comes with rules. These six decide whether an offer is worth it.

  • Trading volume

    You must trade a required number of lots before the bonus or its profit can be withdrawn.

  • Withdrawal limits

    No deposit bonuses often cap how much profit you can take out.

  • Expiry date

    Unused credit or unmet volume is removed after a set period.

  • Early withdrawal

    Taking money out before you finish the conditions usually cancels the bonus.

  • Banned strategies

    Some brokers exclude scalping, hedging across accounts or arbitrage while a bonus is active.

  • Eligibility

    Offers can be limited by country, account type or one claim per person.

How to choose the best forex bonus

Work through these five checks before you click claim.

  1. Check the broker first

    Read the broker review and regulation before the bonus. A large bonus from a weak broker is not a good deal.

  2. Compare the volume to your style

    If you trade a few lots a month, pick an offer with a low lot requirement.

  3. Look at the full cost

    Wide spreads or commissions can cost more than the bonus is worth.

  4. Read the withdrawal rules

    Know exactly what you can take out, and when.

  5. Start small

    A no deposit bonus is the cheapest way to test execution and support before funding an account.

Common forex bonus mistakes

  • Trading oversized lots to hit the volume target fast, then losing the whole balance.
  • Withdrawing early and losing both the bonus and the profit linked to it.
  • Opening extra accounts to claim the same offer twice, which leads to cancellation.
  • Ignoring the expiry date until the credit disappears.
  • Choosing a broker only because its bonus is the biggest.

Is a forex bonus worth it?

Yes, when the terms match how you trade. A no deposit bonus is worth claiming for almost any new trader, because it costs nothing and shows how a broker really performs. A deposit bonus makes sense once you already plan to fund an account and can meet the volume without forcing trades. Cashback suits anyone who trades often, since it lowers costs on every lot.

Treat every forex bonus as a tool, not free money. Trade with sensible lot sizes, use a stop loss, and read the terms before you claim.

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