Chronicle of a death announced for booklet A? In March, the favorite savings book of the French signed its worst month of collection for almost 10 years. With a harvest of only 400 million euros, the booklet A attracted over a month almost four times less savings than a year ago (1.53 billion euros in March 2024.) A desertion that Philippe Crevel, director of the Cercle de l’Épargne, attributes downwards “From its remuneration rate, (past) from 3% to 2.4%”on February 1.
Worse“Given the level of inflation (0.8% in February and March), as well as the drop in guiding rates of the European Central Bank (ECB), a new reduction in its remuneration rate is probable on August 1”warns the economist in his latest analysis. Indeed, according to the rate of the rate of booklet A, its 57 million holders may fear a new decrease of 2.4% to 1.7%.
A credible alternative to booklet A?
In this context of a mechanical drop in the rate of booklet A, you can turn to alternative secure investments, or a banking book, also called “super booklet”. You will thus keep the right to recover your savings at any time, while benefiting from the warranty on your deposits up to 100,000 euros. The Cashbee application offers, for example, a promotional rate which should offer your savings a higher return to that of booklet A until the end of the year. For any new subscription to a cashbee booklet between May 1 and June 30, the funds paid benefit from a bonus rate of 6% for two months. After this promotional period, capital is remunerated at the regular rate of 1.9%.
But you have to keep some elements in mind. First of all, “This rate boosted of 6% only applies to the sums paid over the promotional period, and if they are still on the account on December 31, 2025”recalls Marc Tempelman, co-founder of Cashbee. In other words, this offer is similar to the operation of a term account (CAT), or a boosted rate in life insurance: you benefit from a return known in advance and, in this case, attractive, provided you immobilize savings paid until the end of the year. Then, if you can deposit up to 10,000,000 euros on a cashbee booklet, the boosted rate only applies to the first 200,000 euros deposited. A ceiling which remains however much higher than 22,950 euros of an A book.
A basic yield likely to evolve at any time
Finally, unlike the latter, or another regulated booklet (LEP, LDDS), the interests of a super booklets are taxed. More specifically, you will have to pay, on the perceived interest, of the single flat -rate levy (PFU, or flat tax) of 30%. However, this taxation does not apply to the entire bonus rate announced, but only at 5.3% out of 6%. The remaining 0.7% are indeed “Payed by Cashbee as a bonus”specifies fintech on its site, bonus which is not subject to tax and social samples.
Thus, between May and December 2025, taking into account the two months “boosted”, then the following six months at the regular rate, the average rate served by the Cashbee booklet will amount to 2.75% gross, or 1.925% net. Yield to which the tax exemption will be added, that it is possible to remove or reinvest in the application. For a total yield of 2.1% net. Over the same period, by assuming a livret rate lowered to 1.7% on August 1, its average remuneration will only be compared to 1.87% net. Last subtlety: it is also possible to further improve your final return by subscribing at the end of June. The current offer indeed over two months from the subscription, you thus reduce the number of months paid to the regular rate until the end of the year.
Be careful, however, before throwing yourself on this type of offer, because this “regular” rate of super booklets is likely to be changed at any time, in particular during the drop in guiding rates already initiated by the ECB. This is not the case with the yield of your booklet A, which does not move between two revision dates. In this case, its rate, which will undoubtedly be lowered on August 1, will then no longer move until February 1, 2026.
