The passbook rate, currently frozen at 3%, will decrease considerably in February 2025. If savers have so far benefited from the tax advantages offered by this product, it is about to become less profitable. Discover the new booklet which will take its place next year.
The announcement of the reduction in the rates of livrets, in particular that of livret A, makes many people cringe. millions of savers. Currently at 3%, it could rise to 2.5% in February 2025 due to more stable inflation. Indeed, when inflation increases, so does the passbook rate and vice versa. If in September the increase in costs was 1%, experts expected it to increase to 1.2%. According to economists, inflation could reach 2% at the end of the year. However, a low inflation may lead to a drop in the rates of regulated savings accounts, starting with the A savings account. In this case, what will be the most profitable product? We'll answer you.
Which booklet will be the most profitable in 2025?
The downside of inflation
The stagnation of the inflation rate has made savings accounts attractive, but a future increase risks reversing the trend for some of them. In recent years, the remuneration rates for the Livret A, LEP and even LDDS have increased, which has allowed holders to make their savings profitable. These three products have a common advantage: theexemption from interests to social security contributions when the ceiling is reached. Remember that 58 million Livret A holders benefited from an interest rate increase of 2.5% between 2022 and 2024. This increase took place following the revaluation of rates which takes place every six months.
Where to put your savings in 2025?
Each year, the rate of remuneration of regulated savings accounts is reassessed in February and August. This information reminds us that last August, holders of booklet A, LDDS and the popular savings account had received bad news regarding their respective rates. However, the reduction in the rate of a particular savings account could be advantageous for certain savers. This is the LEP whose interest rate current is superior to the others.
A preferred savings account
In 2025, the LEP, a regulated and often neglected savings product, will be preferred to make your savings profitable. For the moment, 11 million French people hold a popular savings bookbut according to Journal Du Net, 19 million people meet the criteria to create one. While it is true that inflation has caused this rate to fall, it has also made this investment more attractive. In August 2023, the remuneration rate increased to 6%, to 5% in February 2024 and to 4% during the last revaluation. The slowdown in inflation is the main cause of the drop in rate this savings product.
Take advantage of the LEP before its rate falls
A reassessment planned for February 2025
As inflation continues to slow, it is likely that pay rate of the LEP falls in February 2025, the date of its next re-evaluation. According to recent forecasts from INSEE, the inflation rate should be around 1.73% at the end of the year. The second factor taken into account in the calculation is the €ster rate whose current average reaches 3.165%.
Important precision
The director of the Savings Circle specifies that the Banque de France and the Ministry of the Economy can decide to bypass the rate calculation formula regulated savings accounts. Remember that this scenario has been observed for two years and they could opt for a more advantageous rate with better profitability compared to inflation of 2%.
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