Question

Kelly wants to save money for an emergency fund. She decides to take advantage of the high interest rates of the holiday club her bank offers. Evaluate Kelly's decision.

Answer 1

I don't think that is a wise decision

Holiday club are designed to the one who wanted to spent big bucks on specific holidays (for example : Christmas) since the value will fall after the holidays
It's not really suitable for someone who wanted to put it aside for emergencies, hope this helps