Despite its low remuneration, savers believe that the Livret A is a secure and practical investment. In this article, we show you how to optimize your savings by discovering which are the best days for deposits. Read on!
Livret A: a security choice for the French
While the livret A is indeed the favorite savings of the French, let’s find out how to optimize its investments. According to our colleagues from magazine Planet, there are days when it is best to deposit money in your savings account. And more precisely two days a month!
Indeed, the French savings account is therefore not very profitable. On February 1, 2022, its rate rose to 1%. But it was 0.5% before. which was a nice announcement for most savers.
Moreover, it is always taken in order to fight against inflation. Similarly, the French do not favor their Livret A to make a profitable investment. Since these investments are now more risky. Accessible at any time, Livret A savings, which cannot in fact exceed 22,950 euros, is a safe choice for the French.
Dear readers, to make savings on your Livret A, a simple manipulation from your banking application is enough. Or a meeting at the bank. The same goes for unlocking funds from this savings.
But even if it means earning a few euros over a year of investment, as long as it is optimized! So, in order to make sure you make transfers to your savings account at the right time… We present this trick to you, revealed by the magazine CNews, known to all bankers.
This is the fortnight rule. The latter could thus prove to be useful for other savings than for those of your savings account A.
The best days for money deposits
Moreover, the fortnightly rule applies during the calculation of the interest of the sum present on the booklet A. Or other savings accounts. That is to say, the sum present on the 1st of the month and on the 16th of the month are therefore taken into account to calculate the interest on the savings.
So, if you make a transfer to your Livret A which does not arrive on the 1st or the 16th, you lose a chance to optimize the returns on your investments over 15 days.
So, the Lenekus editorial team invites you, like Planet or CNews, to anticipate. Think about the deadlines for transfers while also thinking about working days. Thus, you can make sure to optimize the savings of your Livret A and maximize, even a minimum, the income generated by it.
Take advantage of that savings!
With a rate of 1%, it is now double the income that can actually generate your Livret A this year. So even if the interests generally depend on the amount saved and they are really not huge.. Why deprive yourself of taking advantage of the maximum that this savings can offer?
Admittedly, for the French, the yield is not what makes the livret A attractive. However, it costs nothing to think about this no more fortnight rule in the end.