Blow for French savers: after a period of relative stability, the rates of regulated booklets go
back. In question, an economic context in full change: deflation, drop in guiding rates, and pronounced slowdown in inflation. As a result, the rate of the booklet has already increased from 3 % to 2.4 % in February 2025, will fall to 1.7 % from August 1, according to the Banque de France.
A drop in rates that changes the situation for savers
He is not the only one to suffer from this trend: LDDS (Sustainable and Solidarity Development Booklet) and the Blue Booklet will follow the same path, being strictly indexed to the Livret A. The popular savings book (LEP), yet reserved for modest households, is no exception either: its yield will go from 3.5 % to 2.7 %, although it remains more interesting than other booklets.
Why such a decline? Because the rate calculation formula is directly linked to inflation. However, this is in strong decline: 0.9 % over the first six months of the year 2025, against 2.3 % over the same period in 2024. The state tries to maintain one “boost“For modest households, especially via LEP, but overall, yields drop.
Too much money on your booklet A? A placement that has become unprofitable
We often forget it, but a booklet like booklet A, even if it is secure, is not made to store all your savings. He is above all a safety mattresssupposed to cover a few months of unforeseen expenses. According to a study by the Caisse des Dépôts, the average balance of a booklet A in May 2025 amounted to € 5,800, far beyond what is deemed optimal.
For what This € 5,000 threshold done debate? Because beyond, your money sleeps. Let us take a concrete example: with a Livret A at 3 %, € 5,000 reported € 150 per year. But with the decrease at 1.7 %, this gain drops to € 85, a loss of yield of more than 30 % in one year. If you have € 10,000 or more on your booklet, the impact is even more blatant. That’s not all: if the yield of your booklet is lower than inflation, your purchasing power is crumbling. Even if your capital does not drop into facial value, its real value decreases gently but surely. An invisible, but very real phenomenon. As the media explains
Full -life, “What you won last year, you don’t touch it today.”
What to do with surplus savings: alternatives to booklet A
So what if you have more than € 5,000 on your booklet A? No question of withdrawing everything or betting everything on the stock market overnight. But simple solutions exist to optimize your investments while remaining cautious. The popular savings booklet (LEP) remains, despite the decrease to 2.7 %, the most profitable of regulated booklets. Provided you respect the income ceiling (for example, € 22,823 in tax income for a single person), you can place up to € 10,000, net of taxes. With 0.9 %inflation, the real performance of the LEP remains very attractive.
Taxed bank booklets, often boosted at the opening, can offer up to 4 or 5 % over a few months. But beware: after this promotional period, rates fall. Above all, the gains are subject to tax. Tower accounts represent another track. Less liquid, they block your savings for a given period, but sometimes offer rates above 3 %. A good solution for patient savers who want to secure stable yield. In any case, you do not have to close your booklet A. You can perfectly leave a safety amount (3,000 to 5,000 €) and transfer the excess to a more dynamic placement. The best approach? Take a point on your goals and needs. Keep a safety mattress, yes. But do not let your money sleep unnecessarily on a booklet that no longer really protects it from monetary erosion.
