Coinbase Launches UK Savings Account: Aiming to Become Britain’s Top Finance App

Coinbase is launching a new savings account in the UK, offering users an opportunity to earn daily interest on their balances and enjoy the flexibility of instant access. The innovative feature, powered by ClearBank, provides a 3.75% annual equivalent interest rate (AER), paid out daily rather than monthly or quarterly. The account offers secure protection under the Financial Services Compensation Scheme (FSCS) for up to £85,000 ($112,000). This marks a key step in Coinbase’s vision of becoming Britain’s leading financial app.