BEST SAVINGS ACCOUNTS FOR YOUR EMERGENCY FUND

@nextgenngpf

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SoundTikTok sound · Green Onions

Promoted product

Chase

Chase online; credit cards, mortgages, commercial banking, auto loans, investing & retirement planning, checking and business banking.

3 videos3 creators

Why it worked

The video provides actionable advice on high-yield savings accounts, catering to a common financial need. It breaks down complex information into easily digestible points with clear interest rates and conditions, making it highly valuable for viewers looking to optimize their savings.

Summary

The video reviews the best savings accounts in the UK for an emergency fund, highlighting Chase with 4.5% AER, Revolut with 5% AER, and Zopa with 7.1% AER on regular savings up to £300 per month. It emphasizes the ease of access and low minimum deposits for these accounts.

Structure

1Introduction to emergency fund savings
2Chase savings account features
3Revolut savings account features
4

Original caption

Best savings accounts for your emergency fund @Revolut @ZopaMoney #savings #emergencyfund #PersonalFinance

More from @nextgenngpf

Product placement

Chase: It acts as a savings account provider, offering a 4.5% AER interest rate on savings with a £1 minimum deposit. Removing it would change the video's content about savings accounts. Revolut: It acts as a savings account provider, offering a 5% AER interest rate on savings with a £1 minimum deposit. Removing it would change the video's content about savings accounts. Zopa: It acts as a savings account provider, offering a 7.1% AER interest rate on regular savings up to £300 a month. Removing it would change the video's content about savings accounts.

On-screen text

started emergency have where are access accounts UK emergency way my talk personal want your forget button by mean okay place Chase Savings earn 4.5% rate savings no for account to minimum £1 started place Revolut Easy Savings earn 5% your is incredible now no and deposit minimum £1 savings and little savings a Zopa saver 7.1% rate savings Zopa only maximum £300 savings month a can't £300 month you withdraw whenever with fees hope saving easier if finance this button there

Transcript

If you've just started to build your emergency fund but have no idea where to put it, here are the best easy access savings accounts in the UK for your emergency fund. And by the way, if you're new here, my name is Will. I talk everything personal finance. So if you want more content like that on your feed, don't forget to hit that follow button over there. By the way, I did not mean to swear at you then. Okay, so in third place, we have the Chase easy access savings account where you can earn 4.5% interest rate on your savings. There is also no notice period for taking money out of this account and you only have to deposit a minimum of £1 to get started. In second place is Revolut easy access savings accounts where you can earn 5% interest rate on your savings, which is incredible right now. No notice period and you only have to deposit a minimum of £1 to get savings. And last but not least, a little bit of a different savings account. This is a regular saver, but you can get 7.1% interest rate on your savings with Zopa. So you can only maximum of £300 savings account per month. But I think a lot of people can't really put £300 a month into savings. You can withdraw this money whenever with zero penalties, zero fees. So I hope that makes saving easier if you want more personal finance content just like this, hit that follow button over there.