At the banking level, there is a good practice to follow to be sure to be a winner. Find out why you should transfer your money to a savings account before the 1st of the month.
You still have a few hours left. Pputting your money into a savings account before November 1st is recommended to come out a winner. Like this technique unveiled by the FDJ to win at least one in four times in the lottery, discover the logic of transferring money from your current account. Some may have learned that they were eligible for the zero-interest loan, but the interest rates are not negligible. Because unlike Britney Spears who received millions for her autobiographical book, many French people fight against inflation every month.
As reported by the website CNews, France is not like many European countries which force banks to remunerate current accounts. Customers are rewarded for the money they keep in an account of this type but not in France. In exchange, our banks must make checkbooks free.
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When to transfer your money to a savings account?
Unfortunately for the French, checkbooks are no longer used much, and this exception is therefore not very advantageous for them. We must therefore strive to transfer the sums from your current account to an A booklet or a sustainable and solidarity development booklet (LDDS). The interest earned by the latter is calculated twice a month, this is called the fortnightly rule.
It is the first day of the fortnight following the payment of the sums they bear interest, i.e. the 1st or the 16th day of the month. If you withdraw a sum, it ceases to bear interest from the first day of the fortnight during which you make your withdrawal, that is to say the 1st or 16th of the month. So avoid paying money into your account between these two dates because you will have no interest. On the contrary, you must place it before the 1st of the month, November 1st for this month, if your goal is to collect interest.
Editor for Aufeminin since 2022, Charlotte is passionate about cinema, French and international, and a fortune reader. Curious about everything, she talks as much about personalities as…