Savers wait for them like gifts under the tree. However, it is not on Christmas night, but on New Year’s Eve, that they will pocket all of the interest generated this year on their regulated savings accounts. Namely: Livret A, Popular Savings Booklet (LEP), Sustainable and Solidarity Development Booklet (LDDS), as well as Housing Savings Plan (PEL) and Housing Savings Account (CEL). But no need to wait until January 1st to find out how much you will collect thanks to these bank savings products.
The latter in fact obey the same rules. Interest is generated every 1st and 16th of the month, according to the amount present in the booklet at that time: what is called the calculation of interest per fortnight. However, if calculated every 15 days, this interest does not “fall” directly into your account. They are added throughout the year, and you will receive the entire amount at once, on January 1st, in your booklet. You are then free to leave them in this same booklet – they will in turn generate interest the following year – or to transfer them to your checking or current account.
Unfortunately, the harvest looks set to be leaner this year than at the end of the last two. Indeed, the past months have been marked by two reductions in the Livret A rates, from 3% has 2.4% Then 1.7% on February 1st and August 1st. The same goes for the LDDS – the rate of which is still identical to that of the Livret A – and for the LEP, which has fallen by 4% has 3.5% Then 2.7% since this summer. The yield of the PEL, which is fixed for a whole year, has not changed, 1.75%. As for the CEL rate, it was driven by the fall in that of the Livret A, going from 1.5% has 1.25% since August 1.
Livret A: up to nearly 500 euros in interest at the ceiling
The 58 million Livret A holders should therefore not expect any wonders to start next year. For the luckiest, with a ceiling of 22,950 euros, a Livret A will nevertheless bring in the sum of 495.33 euros over the year. Savers at the average outstanding level (7,500 euros in 2024, according to the Banque de France) will collect 161.97 euros in interest in 2025.
On the LDDS side, if the rates are identical, the savings held are less significant. The average outstanding amount only amounts to 6,100 euros. Of this sum, the holders of this booklet will pocket 131.66 at the very beginning of next year. And at the ceiling of 12,000 euros, the grains will amount to 262 euros all round.
LEP: 320 euros interest for the luckiest
The LEP, a product reserved for savers with modest incomes, has also seen its rate plummet this year. However, its remuneration must legally always be higher than that of the Livret A. Also, its 12 million holders will once again be the most spoiled. For holders who have saved at the average outstanding level, i.e. nearly 7,000 euros, the interest will rise to 288.83 euros. And for nearly 4 out of 10 LEPs having reached the ceiling of 10,000 euros, the jackpot will amount to 320.83 euros.
PEL and CEL: interest net of taxes still disappointing
That remains the case of PELs and CELs. These two regulated products have lost interest in recent years, particularly since they have been subject to the single flat tax (PFU, or flat tax) of 30%, unlike other savings accounts, whose interest is net of any taxation. Also, once taxes are deducted, the 1.75% yield displayed by a PEL opened this year actually falls to 1.225%, and for the CEL, from 1.25% to less than 1% (0.875%).
Thus, 1,000 euros placed in a PEL only generates 12.25 euros net this year. However, remember that the PEL has the highest ceiling of regulated investments, with the possibility of paying up to 61,200 euros, for 749.70 euros of net interest. A CEL with a ceiling of 15,300 euros will generate 162.87 euros in net interest.
