0.75% rate for Livret A until 2020

New move commencing in February

Interest rates on the popular tax-free ‘Livret A’ savings accounts are to be frozen at 0.75% – their lowest ever – until January 2020. The move, which comes into force in February, means the rate will have been at 0.75% for five years as it was first set in August 2015.

With inflation now 1.1% the Livret rate could have risen to 1% under the normal calculation but this would have been against the run of the market.
A new calculation will be in place by the start of 2020.

More articles from Money
More articles from Connexion France
Other articles that may interest you

Comment

Loading some business profiles...

Loading some classifieds...