Booklet A: Ceiling, rate, maximum amount and interest 2025

Booklet A is a much appreciated placement in France. Despite its fairly low interest rate, it makes it possible to make your savings grow without taking risks and without paying tax. How to open a booklet A? What is its rate in 2025? Will he be down in August? What is the ceiling of the savings book? What are the conditions to deposit or withdraw money? How much is the booklet A? Focus on this regulated savings product.

What is booklet A?

Booklet A: Definition

The booklet has again and again … It is one of the favorite investments of the French. As of December 31, 2023, the number of booklets amounted to 57 millionaccording to the annual report on regulated savings of the Banque de France. More than 8 out of 10 French So hold one. This regulated savings book is a placement whose rate is set by the State, depending on the annual inflation of the last six months and interbank rates.

History of this regulated savings booklet

Dating from May 22, 1818Livret A is the oldest and most used savings products. It was created after the Napoleonic wars for Stabilize the financial systembefore being redirected in the 20th century to support for social housing. Two hundred years after its creation, there remains a particularly safe product.

Can we have several booklets A?

The booklet A is limited to one per person. If his holder wishes to open one in another bank, he is required to close the first. Since January 1, 2013, banks systematically verify that the customer has no other booklet has his name. People who do not comply with this obligation are liable to a Tax fine equal to 2% outstanding the supernumerary booklet. The fine is not recovered if its amount is less than 50 euros.

How to open a booklet A?

Opening conditions of a booklet A

An adult or minor is the right toOpen a booklet. There is No age conditionsof nationality or tax residence in France. The opening of the booklet to the bank only involves provide an identity document and proof of address. Upstream of its opening, the bank must question the tax administration to verify that the person does not already have an A booklet.

Note : A minor can open a booklet A without the intervention of his legal representative. But he cannot withdraw before the age of 16. From 16 to 18 years old, he can only do so in the presence of his representative.

Minimum amount of the initial deposit at the opening of the booklet

Booklet A has been proposed by all banking establishments since January 1, 2009. The opening of the account takes place via a contract between the bank and the holder. He must specify the operating rules of the account (deposit, withdrawal, ceiling, calculation of interest …). Last condition, the bookkeeper must make an initial deposit of 10 euros minimum (1.50 euros for booklets open to the postal bank).

How does booklet A work?

A minimum amount of payment, no maximum amount of withdrawal

The functioning of the booklet A is simple: payments and withdrawals can occur at any time, provided that it is a minimum amount of 10 euros. There is no maximum amount of withdrawal. Note however that the balance of booklet A must remain in the positive after the withdrawal of money. To follow your deposits and withdrawals, simply consult your account statement.

The 1ᵉʳ and the 16 – the dates of values ​​- of each month, the interests of the booklet A are calculated. It is therefore recommended to make the payments the 15 or 30 of the month and withdrawals 1ᵉʳ or the 16th of the month.

Transfers from another bank

Since July 1ᵉʳ 2023, it is possible to make a transfer on your booklet A from a sight account (current account) opened in another bank.

What is the ceiling of booklet A not to exceed in 2025?

Maximum savings amount

Since January 1, 2013, article R. 221-2 of the Monetary and Financial Code has limited the Ceiling of Livret A and the Avenir Climate Savings Plan to 22,950 euros For a natural person.

Maximum amount for legal persons

However, there are three exceptions for legal persons:

• associations, for which the maximum amount is set to 76,500 euros,,
• The syndicates of co -owners, including the number of prizes of the condominium for the use of housing, offices or shops is greater than 100, this ceiling is fixed to 100,000 euros,,
• Housing organizations with moderate rent (HLM) which are not subject to any limit.

What is the remuneration rate of a booklet A in 2025?

Livret rate A February 2025

Unlike a booklet account, the Livret A remuneration rate is revisable twice a year, on February 1 and August 1. Since February 1, 2025, the rate of the booklet has rises to 2.4% (After a gel at 3% for 18 months). This decrease is due to the letter to the letter of the computation formula for the return of booklet A, that is to say the average between annual inflation over the last six months (1.38%) and interbank rates (3.41%) over the same period.

A big drop in the rate to be expected in August 2025

A big fall in the rate of booklet A is to be expected From August 1, 2025. This drop is explained by both the decline in inflation, the rate of which in the first half excluding tobacco should oscillate between 0.87% and 0.90%.

And by decline in the average interbank rate in the wake of those of the ECB, lowered by 0.25 points in February, March and June. In August, the average interbank rate over six months should be fixed at 2.46%. Result: the yield of booklet A, which is none other than the average of inflation and interbank rates in the first half of 2025, would fall to 1.70% on August 1.

History of the rate of booklet A since 2015

How much is a booklet A?

Calculation of the interests of the booklet A

The interest is calculated the 1ᵉʳ and the 16th of each month. The date of value taken into account for the calculation of interest therefore varies according to the date of the operation. The sums deposited produce interest if they are placed by whole fortnight. The value of a payment on the savings product is dated on the first day of the next fortnight.

Recapitalization of interests on December 31

Each end of the year, on December 31, the interests of the year are added to the capital. To calculate the amount of interest in booklet A, simply multiply the balance of the booklet by the rate of remuneration in force.

In 2024, the annual interest rate being 3%, if its holder has placed 1,000 euros throughout the year, it will receive 30 euros of interest. Only recapitalization of interest can bring the value of the booklet beyond 22,950 euros.

Thus, at the end of 2024, the annual interests of a booklet full brought to its holder 688.5 euros (22,950 x 0.03), or a total amount of 23,638.5 euros. The acquired interests were paid on the night of December 31, 2024 to January 1, 2025.

Taxation of booklet A

The interests produced by the booklet A are income tax exempt and social security contributions. In other words, the booklet A is fully tax exempt, its return is net of taxation. It is therefore not impacted by the 30% “flat tax” set up by the government.

What are the advantages of opening a booklet A?

Despite a very low rate, the booklet A has several advantages. First, the money deposited, like interests, can be removed at any timeaccording to the goodwill of the holder. In addition, operations carried out on booklet A (opening, deposit, withdrawal and fence) are free. Another undeniable advantage, this savings book is fully tax -term: interest is not subject to social security contributions or income tax. What attract cautious savers in the face of the risk of other investments.

Can we combine booklet A with other savings products?

It is possible to combine the booklet A with:

On the other hand, it is forbidden to hold both a booklet A and a special account on Crédit Mutuel (Blue Booklet).

How to close or close your booklet A?

The closing of the booklet A is done either in sending a letter to his bankeither by providing the banking advisor with the references of the booklet as well as the bank identity statement (RIB) of the account where the sums available on booklet A must be fired. The interests over the period run since the start of the year is credited to the day of closing of the account.

The booklets have no longer been transferred from one bank to another (since January 1, 2012), in the event of a change in banking establishment, it is necessary to close the booklet A. and to pay savings to an account of his choice.