Exorbitant fees for the transfer of the Popular Savings Account, a notable drop in the personal contribution required for real estate loans and a major innovation from Crédit Agricole… Here are the 3 unmissable news items from this Tuesday, February 21.
The bad news of the day: if you have a LEP, changing banks can cost you dearly
Despite a rate cut on February 1 (from 6% to 5%), the Popular Savings Account remains one of the most attractive savings products at the moment. It has another advantage, which Livret A does not have: it can be transferred. Clearly, if you change banks, you can take your LEP with you, without losing interest. On condition of paying: many banks charge for this transfer and the bill can be up to 160 euros, a sum that one can rightly consider considerable for a product intended for low-income households. Our investigation on the subject.
The good news of the day: decreasing contribution for future real estate borrowers
With the rise in rates, banks have been increasingly demanding of applicants for a mortgage loan. Good news, the recent trend is rather towards reduction in personal contribution required by banks, thus reducing the financial burden on borrowers and making access to property more affordable for a greater number of people. This development is a godsend in a context where the acquisition of real estate had become a financial challenge. Explanations.
Innovation of the day: a card that speaks to Crédit Agricole
Crédit Agricole Normandie-Seine has just launched a innovative bank card for people suffering from visual impairment, a first in France. Called Serenipay, it facilitates in-store payments by announcing orally, via a mobile application, the amount of the purchase to be paid, thus reducing the risk of errors or fraud. How it works in detail.
How to get a free bank card?