Decrease in the rate of booklet: these banking booklets will do better until the end of the year

Faced with the drop in the Livret A rate, some banks offer boosted booklets with attractive yields. But are they really more interesting, once the taxation and the conditions of eligibility for these offers taken into account?

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What if the best alternative to your favorite booklet was… another booklet? With the announced decline in the Livret A rate on August 1, savers are looking for alternatives. If life insurance in euros funds, bond funds or SCPIs can be secure fully indicated investments, it is also possible to turn to other types of savings books, called or “super booklets”. Products with operations identical to that of your booklet A (possible withdrawals at any time) and provided with a warranty on your deposits up to 100,000 euros.

But in addition to this convenience, super booklets can also be an attractive option in terms of performance. At the moment, the actors who offer this type of product compete for promotional offers to attract savers fearing a drastic fall in the rate of their booklet A. These are perhaps the last moments to take advantage of the relatively attractive rates on these booklets: “If the reduction of the European Central Bank (ECB) continues, the banks that pay these booklets will naturally see the interest rates proposed downwards”tempers Marc Tempelman, co-founder of Fintech Cashbee.

Is it really possible to “beat” booklet A?

Be careful not to trade your booklet too quickly against a banking booklet. Indeed, unlike so-called “regulated” booklets (booklet A, LEP, LDDS …), the interests of banking booklets, as “super” as they are, are subject to the single flat-rate levy (PFU, or flat tax) of 30%. You must therefore make sure that net of taxation, these alternative booklets pay you at least as much as your booklet A.

This is the case, for example, for a limited period, of the cashbee booklet. With a rate boosted at 6% for a period of two months (followed by a regular rate of 1.9%) for any new subscription before June 30, you can hope for a net return higher than that of the booklet A by the end of the year: 2.1% against 1.87% for the latter, if it were well to drop to 1.7% on August 1. But beware, in return for this great promise, you will have to keep the savings invested in your cashbee booklet until December 31. In other words to give up – as in a term account (CAT) – to withdraw the capital deposited until payment of interest on January 1, 2026.

On the same principle, the Super Booklet placement-direct.fr offers a promotional rate of 5.40% over two months (then 2%), a net rate of 1.99% over the next eight months, provided there too that “Amounts (be) permanently on the booklet until December 31, 2025”. Ditto at Ramify, with a boosted yield of 5.45% over two months (then 2.05%), potentially a net average yield of 2.03% until the end of the year. Here too, the amounts removed before December 31 lose their “boost”, and “Will be paid at the basic rate for the duration of their detention”specifies the site.

If, on paper, it therefore seems possible to do a little better than booklet A on this second half of the year, it will therefore be at the expense of the availability at any time of your savings. As a bonus, it should not be forgotten that the regular rates announced today are likely to be modified at any time, including downwards. To maximize the operation, it may be wise to subscribe these offers at the end of the promotional period, in order to reduce the number of months paid to the regular rate until December 31. Finally, it can be a good option for non -taxable savers or subject to the marginal tax tranche (TMI) of 11%: if they have opted for taxation to the progressive scale, their taxation on the interests of these booklets will be reduced.