Banking: PEL savings account interest rate reduced to 1.75% from January 2025
From 1st January 2025, the new interest rate of Plan Épargne Logement (PEL) savings accounts in France will be 1.75%, compared to 2.25% for PELs opened during 2024.
From 1st January 2025, the new interest rate of Plan Épargne Logement (PEL) savings accounts in France will be 1.75%, compared to 2.25% for PELs opened during 2024.
A Plan d’épargne en actions (PEA) is a regulated savings product that allows you to invest in a portfolio of shares of European companies. This article explains the PEA account in detail including some ETF examples.
The financial markets regulator in France, AMF has published the account fee caps applicable to a PEA account. So, Banks, Insurance companies, and brokerages cannot charge fees above these limits.
In France, there are two sales periods of 4 weeks each. Winter discount sales in January. Summer discount sales are usually organized between June and July.
Are you planning to relocate to France or recently arrived in the country?. Opening a bank account is one of the basic things to do after reaching the country. This article covers the basic steps required for opening a bank account in France.