Revaluation of the birth bonus and the back-to-school allowance, stabilization of property loan rates… Find the 3 money news for this Thursday, December 28.
1 – Birth bonus and back-to-school allowance
Good news, the maximum resource ceiling for certain family benefits and in particular the birth bonus and the back-to-school allowance, has been revised upwards. The resource ceiling for receiving the birth or adoption bonus is set at 27,833 euros for the period from January 1, 2024 to December 31, 2024 and the increase at 11,188 euros, compared to 10,625 euros for 2023. The resource ceiling which concerns the allocation of the back-to-school allowance (ARS) is set at 20,878 euros for the year 2024 (compared to 19,827 euros in 2023). Find all the information here.
2 – End of the monthly payment of the wear rate
The Bank of France confirmed this Thursday that the review of usury rates would again take place every quarter in 2024 and no longer every month. Indeed, revised every month, this all-inclusive rate above which a bank cannot lend has increased from 3.57% to 6.29% for the longest real estate loans (20 years and more). This exceptional monthly payment is no longer necessary, estimated the Banque de France, specifying that interest rates are now tending towards stabilization.
3 – Banks that will disappear in 2024
Two banks are closing their doors in 2024: the online bank Orange Bank and HSBC. But what will become of the customers? For Orange Bank, discussions are still ongoing regarding the terms of transfer to Hello bank!. On the HSBC side, customers will be transferred to Crdit Commercial de France (CCF) from January 1. La Banque Postale also announced that it is studying a plan to cease the activities of Ma French Bank which will extend over a year or 18 months.