The Livret A savings account cap will be raised. Prime Minister Sébastien Lecornu announced this on Tuesday, November 3, 2026, at the National Assembly, during the government question session. The deposit limit, which has been frozen at 22,950 euros since 2013, will rise to between 25,000 and 30,000 euros in February 2027.
The measure is nationwide: it applies to savers in Paris as well as those in Seine-Saint-Denis (93), Hauts-de-Seine (92) and Yvelines (78). As Libération reported, the head of government was clear before lawmakers: “We are going to raise the Livret A savings account ceiling.”
The exact figure has not yet been set. Sébastien Lecornu has asked Economy Minister Roland Lescure to specify it in the coming weeks, after one final round of consultations with the banks and the Caisse des dépôts, according to franceinfo.
In practical terms, savers whose accounts are already at the limit will be able to deposit an additional €2,050 to €7,050. One useful detail to keep in mind: capitalized interest can push the balance above the limit, as is already the case today.
The increase is scheduled for February 2027, at the same time as the semiannual rate review, set for February 1. Since the cap is set by regulation in the Monetary and Financial Code, the government can change it by decree without a vote in Parliament.
To keep track of the changes that come into effect at the start of each month, we round them up every month, as we did in our article What’s changing on November 1, 2026, and we’ll do the same for February’s changes.
According to the Prime Minister, yes: the rate is also expected to rise in February. It currently stands at 1.7%, following an initial increase on August 1, 2026, announced by the government. The Sustainable and Solidarity Development Savings Account (LDDS) follows the same rate.
The new rate will be proposed in mid-January by the governor of the Banque de France, then approved by Bercy. For reference, an additional €7,050 deposited at 1.7% earns around €120 a year, tax-free and exempt from social security contributions. We covered the last increase in what changes in August 2026.
Some of the money deposited in regulated savings accounts is pooled in the Caisse des Dépôts savings fund. These funds are used to provide long-term loans to social housing providers and local authorities. More deposits therefore mean greater lending capacity.
At the end of October, Les Échos reported on a specific proposal: to finance a high school renovation plan estimated at €4 billion through low-interest loans from the Banque des Territoires. High schools are the responsibility of the regions, making the Île-de-France Region one of the local authorities directly concerned.
The idea had been under discussion for several months. This summer, Minister for Ecological Transition Monique Barbut put it forward as a way to fund climate change adaptation. In October, an amendment to the 2027 budget raising the cap to €30,000 was adopted by the Finance Committee, before being rejected by MPs in the chamber.
Context matters too. The French held a combined €606.7 billion in their Livret A and LDDS accounts at the end of September, according to the Caisse des Dépôts. But the Livret A saw more withdrawals than deposits in the first eight months of 2026, with net outflows of €5.4 billion.
Only savers who have already reached the cap on their savings accounts will notice a difference. That is the main criticism of the measure: several economists, including Philippe Crevel of the Cercle de l'épargne, say it primarily benefits better-off households, which can set aside more than €23,000. Banks and some officials at the Finance Ministry have also expressed reservations.
For lower-income households, the Livret d'épargne populaire (LEP) still offers a better rate of 2.5%, according to the Ministry of the Economy, with a deposit limit of €10,000. It’s worth checking whether you’re eligible before putting all your money into a Livret A.
The final amount of the new cap is due to be confirmed by Roland Lescure in the coming weeks. We will update this article as soon as the official announcement is made, with the new rate for February 2027.
