This adjustment has not escaped to savers

It is the refuge anti-crisis par excellence. Its only defect, it is low ceiling. The booklet is already in France the most popular savings product. He has every chance to strengthen its status. Because, in addition to being safe, it is totally liquid and completely tax shelter. To open A book or his clone, the blue booklet of Crédit Mutuel, just a piece of identity and proof of residence. So far, the underwriter had no choice between La Banque Postale, Caisse d'Epargne and Crédit Mutuel. From January 1 if either of these signs does him not inspire confidence, it may apply to any this bank on French soil. Some already refine marketing offers to commercialize a product sum undercover.

Rates updated twice per year

In practice, as it is a regulated savings booklet, its rate is revised by the public power and not by the market. The updating is done twice a year: February 1 and August 1, according to the evolution of money market rates and inflation. Last summer, he was set at 4 net. This adjustment has not escaped to savers. Last February, already, the livret A or blue recorded a strong growth in deposits after seeing their rates go to 3.5 against 3 previously. Since 15 September, and the acceleration of events, the rush confined to crowd movement. However, should not underestimate the harm caused by inflation. With a rate estimated at 3.6 on an annual basis, the actual performance of the booklet A fell to 0.4. It is little! Fortunately, it is not only devoid of fresh input or management, but it is also totally exempt of taxation and social security payments. Otherwise, it would present no interest! Finally, we must know that the rate changes posted on A booklet have implications for those of other regulated products. Thus, the rate of the libretto of sustainable development (ex-money, see below) it was increased to 4 and that of Sara (popular savings book) to 4.5.

Flexibility is the rule

-Side operation, nothing more simple. Flexibility is the rule. The minimum payment to the opening is low (1.50 euro for the Caisse d'Epargne; 15 euros to La Banque Postale). Then, the payments are free. The input and output can be at any time, free of charge. The calculation of interest is always per fortnight. At the time, it is preferable to make the payments on A booklet on 15 or 30 of the month, and the 1 or the 16 month to optimize performance. Finally, at 31 December of each year, the vested interests add to the capital. They become productive turn of interest.

The trick:

The ceiling of the payments is set at 15.300 euros per booklet. Of course, to the extent interest may be capitalized, they are likely to result in an overflow, but there is no fiscal impact for the holder. The trick if you want to place more is a open a booklet for each Member of a family regardless of his age. A couple with 3 children can hold 5 is a cumulative savings of 76.500 euros.

Finally, if there is one person combine several livret A, nothing to prevent contrast to simultaneously hold A booklet and a booklet of sustainable development.

Since the beginning of 2007, it replaced the Codevi. Unlike A booklet, it is available in all banking institutions. Its payment limit stops at 6,000 euros and it is limited to two books per tax household. Minors were not entitled. Remuneration, identical to that of A booklet, currently amounts to 4. It is revised twice a year, in February and August. And deposits and withdrawals are possible at any time without charge. Identical to book A function, he sees his interests calculated also by 15 and credited once per year, on December 31. The LDD plays the role of a Livret A or blue. Above all, it can become a complement to the Livret A or blue when their deposit limit is reached...