Updated on 21 August 2019
In April 2017, GE Money Bank was acquired by Cerberus Capital Management and started operating as My Money Bank. My Money Bank is specialized in consumer credit, car loans and savings accounts.
PSA Banque provides a variety of savings products and car loans to customers and dealer networks of manufacturers Peugeot, Citroën and DS.
Established in 1859, Crédit Industriel et Commercial (CIC) is a financial services company. Since 1998 CIC a member of Crédit Mutuel group. The main business activities of Crédit Industriel et Commercial are retail and corporate banking, insurance, factoring, real estate management, investment funds, consulting.
Boursorama Banque is a member of Société Générale group focused on providing retail banking products and services via Internet and online brokerage services.
Established in 2009, Bforbank is a direct bank owned by Crédit Agricole offering products and services in retail banking, online brokerage and insurance.
ING Direct N.V. is a direct bank of ING Group (Netherlands) offering retail banking products and services. Being a direct bank, ING Direct N.V. doesn't have an expensive branch network, the resulting cost savings are passed on to the bank's customers which allows to offer fair conditions in all product areas. The savings and loan products of ING Direct N.V. are not complicated and can be opened and administered independently via the Internet, telephone or by postal letters.
BNP Paribas Personal Finance operating in France under the brand name Cetelem provides a comprehensive range of consumer loans from personal loans to revolving credit with or without a credit card and from car loans to mortgages. BNP Paribas Personal Finance also offers its customers a range of competitive solutions, including insurance products, pensions and savings.
Founded in 1974 RCI Banque (formerly Renault Crédit International Banque) is an international automotive financial services company. RCI Banque offers credit, leasing, insurance for Renault group brands.
Crédit Cooperatif is a bank offering a comprehensive range of banking products and services especially to companies and non-profit organizations. Crédit Cooperatif is a cooperative bank ownded by its clients and is actively involved in the development of social economy by assisting in creation and development of co-operatives, mutual organisations, small businesses and trade associations. Crédit Cooperatif operates nation-wide and is a member of BPCE.
Founded in 1981 Carrefour Banque is a subsidiary of Carrefour Group, offering retail banking and insurance products.
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
France: This product is offered to French residents only. When clicking on the product link you will be redirected to the product page in French.
Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While offering more flexibility, savings accounts usually provide lower interest rates than term deposit accounts.
The table above shows essential details of selected savings accounts products offered to retail customers by the banks in France: currency, interest rate per annum and deposit term. The savings accounts terms vary from 1 month to 1 years (12 months). The interest rates are within the range 0.45 - 3.60 %. The interest rates provided in the table do not take into account withholding tax levied on interest income in France.
Savings accounts made with credit institutions in France are covered by deposit guarantee scheme up to 100,000 EUR per depositor.
France's Moodys country ceiling (the highest rating that can be assigned) for deposits in local currency is set to Aaa (prime).