Last year, the European Central Bank began a movement to lower its guiding rates, in a context of inflation reduction. The latter increased from 4 % to 3 % between June and December 2024. “The movement should continue in 2025, reaching 2 %, or even 1.5 %, at the end of the year”, evaluates Philippe Crevel, director of the circle of savings. The yield of cash investments directly linked to these rates, such as booklets (regulated or not), term accounts or even monetary funds, will therefore also be downward oriented in the coming months. This is not a reason to abandon these products both without risk and liquid, but it is necessary, more than ever, to select them with care.
Booklet A and LDDS
Despite the decline in their compensation at 2.4 % since February 1, the booklet A and the Sustainable and Solidarity Development Booklet (LDDS) remain essential in 2025. They are exempt from taxes and social security contributions, which gives them a major advantage compared to other secure market placements. They must be supplied as a priority up to their respective ceilings: 22,950 euros for booklet A and 12,000 euros for the LDDS.
“The real yield, that is to say after inflation, is positive since the rise in prices should be on average at 1.50 % in 2025”, specifies Philippe Crevel. Difficult however to scream victory because the booklet A should undergo a new drop in its remuneration on August 1, probably around 2 %.
CSHBEE CFCAL booklet
To go beyond the regulated savings offer, you have to look at super-booklets and watch for the most attractive commercial operations. Currently, customers opening a booklet on the Cashbee mobile savings platform for the first time benefit from a promotional offer: their booklet is paid 4 % for two months within the limit of 200,000 euros then 2.5 %, or a net return of 2 % the first year after puncture of the single flat -rate levy on capital income up to 30 %, says flat tax. It is certainly less than booklet A, but it allows you to place significant sums since it is possible to pay up to 10 million euros.
Distinguergo Bank Distino Booklet
Distinctiono Bank, a subsidiary of the Stellantis automotive group, currently offers its new customers 4 % gross over three months up to 150,000 euros and then 2.25 %. Better still: the offer is accompanied by a premium of 50 euros, paid in October 2025 provided that the booklet is still open and that the total assets of the customer exceed 40,000 euros between March 16 and September 16. The distinction booklet is also capped at 10 million euros. Please note, these conditions can evolve without time and the remuneration of banking booklets should continue to crumble in the coming months.
Terry account six months of Boursobank
The term accounts have an asset: their return is set once and for all at the opening. Boursobank currently offers 2.5 % gross over six months, which corresponds to 1.75 % net. Customers subscribing to this product therefore have the certainty of perceiving this remuneration during the agreed period, without fear of lower rates. The online bank’s booklet also displays the same return, but it is possible that its rate is falling in the coming months, unlike that of the term account. Reverse of the medal, the long -term account requires engaging on a specific period, failing which you expose yourself to a penalty.
Term account two years of placement-direct.fr
Savers with time in front of them can opt for a term account with a more distant deadline in order to obtain a somewhat higher return. The offer of the Placement-direct.fr broker has a rate of 2.30 % over two years. This level is certainly lower than that of the banking book of the same platform (2.50 %), but the saver is assured of his remuneration for two years, when it is very likely that the booklet becomes less and less attractive over this period. Placement-Direct also offers longer accounts up to five years (2.70 % currently).
An article in the special file “Placements: our 40 advice for 2025”, published in the Express of February 20.