The remuneration of the Popular Savings Booklet (LEP) which risks decreasing, the underside of the incredible increase in property tax, new booklet paying 5%… Here are the 5 news of the week.
LEP rate at risk
Unlike the Livret A rate, blocked until January 2025, that of the Popular Savings Booklet (LEP), currently 6%, will be revised at the start of 2024. Bad surprise for the 9 million people who have a LEP, it risks to fall. For what?
This is because its evolution depends on consumer prices. For the LEP rate to remain 6%, inflation would need to be 6% between July and December. However, this is not at all what is emerging according to the figures published this week by INSEE. As a result, the drop in the LEP rate seems inevitable. What awaits you.
A new 5% booklet
No, this is not a scam! Thanks to the rise in Livret A (3%) and LEP (6%) rates, banks are competing with attractive proposals to attract customer deposits into their in-house savings accounts with boosted rates which now reach up to 5%. If these products are taxed, unlike regulated savings accounts, they are increasingly interesting for individuals who have their Livret A and LDDS at the ceiling. To learn more, it’s here.
Comparison of the best bank accounts
The underside of the stupefying increase in land tax
An unprecedented increase since 1986. The land tax is increasing this year by a minimum of 7.1%. And depending on your municipality of residence, the increase is much higher. If half of the owners have already received their 2023 property tax notice, taxpayers who have opted for monthly payments must still wait two weeks to find out the extent of the bill. Who is responsible for the soaring local tax and should you fear an even dirtier bill in 2024? response elements.
(False) alternatives to Livret A
Bank book, LEP, SCPI, new life insurance funds in euros… These investments are often presented as alternatives to the Livret A whose rate is blocked at 3% until 2025. But can they replace the product of ‘French favorite savings? Not so sure.
The true cost of a debit card
Banks are generally more selective when granting their customers a deferred debit card allowing transactions carried out to be postponed until the end of the month. In online establishments, it is generally enough to reach a certain level of monthly net income to be eligible. Find out how much you need to earn to get a deferred debit card.
How to get a free bank card?