It’s a simple and rewarding gesture at Christmas, sharing part of your winnings from savings accounts that you can do from a wide range of sharing products, term account bookspassing through the investment funds. Savers who have subscribed to sharing products know this: the donation is made automatically. When subscribing to the product, you check the associations of your choice and the share of interest given (you can change it). The tax receipt is sent to you directly by the supported association (watch your spam!). And if your bank does not put a sharing booklet on the shelf, you can still make a donation in a few clicks on your banking application from your LDDS, by checking the association of your choice among the ten offered.
The most popular sharing booklets: the Crédit Coopératif Agir Booklet, the Savings Booklet Otherwise or the Macif Solidarity Booklet. In addition to subsidized interest rates (respectively 1.2%, 2.2% and 1.9% before taxes and within certain limits), they make it possible to give a share of the interest received each year (75%, 50% or 25%). And the saver benefits from the income tax reduction attached to his donation66% or 75%, depending on the associations and the amounts.
Automation and tax savings
“With a gross remuneration of 1.2% and with the tax deduction of 75% on the donation of half of the interest, the net tax remuneration of the Livret Agir (0.77%) is equal to that of a non-regulated livret having a gross remuneration of 1.1%», underlines Imad Tabet, director of the natural persons market at Crédit Coopératif.
In passing, the interest tax rate donated to associations is rdiscounted at 5% instead of 12.8% (Finansol amendment) within the framework of the single flat-rate levy (PFU) at 30% (12.8% tax plus 17.2% social security contributions in 2025). Thus the holder of an Agir Livret at a rate of 1.2% opting for the PFU receives a net interest of 0.66% on the portion of interest retained and 0.77% on the portion given.
Impact of the rate cut
In 2024, Finansol-labeled sharing booklets paid 12 million euros in donations to associations a figure in increase of 13% in 2024. In the lead, the Crédit Mutuel group with 6.2 million euros, combining donations from Crédits Mutuels linked to Caisse Fédérale du Crédit Mutuel (3.6 million), Crédit Mutuel Arkea (1.4 million) and CIC (1.2 million). It is followed by Crédit Coopératif which donated a total of 4.8 million euros (+14.5%).
But the Finansol label does not count all the sharing booklets. Certain systems therefore escape its counter, such as the sharing option set up by Société Générale on a wide choice of booklets. “Sharing products contribute a very significant part of the budgets of many associations» testifies Imad Tabet at Crédit Coopératif. The fact remains that the associations fear a decline in these donations in 2025 and 2026. Indeed, the drop in the rates of regulated savings books on August 1 (the A booklet and the LDDS going from 2.4% to 1.7%) and their new drop expected for February 1 (to 1.4%) are going to reduce interest. They hope that the growth in outstandings will compensate and that the banks which all offer LDDS will promote their sharing system a little more, only 2.6 million euros were given from the LDDS reports Finansol.
