A new bank book offers a boost rate of 4.5% minimum for 3 months. If the remuneration is unbeatable in the current context, the minimum payout is high. Explanations.
Ramify. Behind this name hides a French fintech founded in March 2020. It already offered life insurance and a retirement savings plan thanks to a partnership with the insurer Apicil. From now on, Ramify also offers a bank book. And for its launch, Ramify hits hard with a boost rate of 4.5% minimum for 3 months.
Note that this enhanced rate applies within the limit of 150,000 euros deposited. But that’s not all: an additional bonus rate of 0.50% for 3 months for each sponsored person is offered. After the promotional rate period expires, the base rate is 2%.
All the details of the Ramify booklet
Guaranteed capital up to 100,000 euros
If the deposited capital remains available at all times, it is actually deposited with MyMoneyBank, a French bank partner of Ramify. As a result, the funds are protected up to 100,000 euros thanks to the Deposit Guarantee Fund (FGDR).
Today, the Ramify booklet displays the best remuneration on the market. He passes in front of the Distingo booklet, offered by Distingo Bank, the banking subsidiary of the Stellantis automobile group. Distingo posts a remuneration of 4% for three months on the first 100,000 euros paid for any new account opening, then the base rate goes to 2%.
At least 500 euros payment
On the other hand, Distingo has two advantages over Ramify. The minimum amount to pay is 10 euros for the first and 500 euros for the second. As for the maximum ceiling, it is 10 million euros with Distingo and 1 million euros with Ramify.
As a reminder, unlike regulated savings accounts whose remuneration is net of tax, the interests of bank accounts sold by banks are taxed up to 30% via the flat tax.
The best bank books