I am currently earning 7.1% interest on my emergency fund.

@hollydoes20s

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SoundTikTok sound · original sound - hollydoes20s

Promoted product

Zopa Bank

Open a Zopa bank account with cashback and interest. Plus easy-to-use loans, credit cards, savings and more, all in one simple, secure app.

2 videos2 creators

Why it worked

The video provides high-value, actionable financial advice that solves a common problem (low interest on savings) while maintaining authenticity by explicitly stating it is not a paid sponsorship.

Summary

The creator explains how she uses Zopa Bank's 'Regular Saver' account to earn 7.1% interest on her emergency fund. She details the account's limitations and benefits, comparing it to her other savings accounts.

Structure

1Hook stating the high interest rate earned
2Introduction of Zopa Bank as the solution
3Explanation of the account's mechanics and limits
4Comparison to her other savings account

Original caption

The savings account that lets my emergency fund grow in the background 📈🌺 *not sponsored in any way- just sharing my fav savings acc right now! #HighYieldSavings #EmergencyFund #SavingsAccount #UKPersonalFinance #MoneyTok

More from @hollydoes20s

Product placement

The creator explicitly names and shows the Zopa Bank app and their 'biscuit account' marketing materials.

Call to action

Follow for more personal finance, money mindset and building wealth in my early 20s.

On-screen text

I earn 7.1% interest on my emergency fund 7.1% Access anytime £1,831.16 7.1% AER Finance Nationwide HL Monzo Snoop Trading 212 Zable Zopa 7.1% Grow your savings with a tasty 7.1% AER* Regular Saver £300 How Regular Saver works Earn 7.1% AER (6.87% gross) variable for 6 months, with the option to renew if available. You can save up to £300 a month and withdraw your money anytime. Interest is calculated daily and paid monthly, meaning your savings keep growing every day. Zopa Bank 4.2% Saving, investing, side-hustling, money mindset

Transcript

I am currently earning 7.1% interest on my emergency fund. This is obviously way above the market rate, so let me explain. I am using the bank Zopa Bank. This is not sponsored by the way, this is just a genuine recommendation. And they actually have a regular saver that offers 7.1% interest. Like most regular savers with these really high interest rates, there is a limit of 300 pound a month which you can deposit. Of course, once you've built that up over a few months, it really does start to pay dividends and my interest payments are really high for the amount of savings I have in here. It's part of their biscuit account which comes in this like cute thingy. So you need to open that first and then open their regular saver. I've just been transferring over 300 pound a month from my high yield savings account I have with Chip, which offers 4.2% interest, so that I've built my emergency fund within this extra high interest account. One more thing I really like about it is that it hasn't given me a definite period when this will end. So in the terms and conditions, it does say you can renew the account after six months. I actually didn't have to do anything, I've had it for more than six months now and it's still 7.1%, nothing has changed. Of course, if that does end, I will let you guys know. So if you're looking for somewhere to put your emergency fund or your savings, or you're looking to get into the habit of regular saving, then this could be a good option because it's actually giving you a very nice amount of money back on your money. And what I always say is why not let your money work for you? Follow for more personal finance, money mindset and building wealth in my early 20s.