Young booklet
Verified 01 August 2026 - Public Service / (Prime Minister)
Are you under 26 years old and want to grow your savings? Are you looking for a safe and paid investment to deposit your child's savings over the age of 12? You can open a young booklet. It's a booklet with a cap on the amount. Its interest rate is fixed by reference to that of the livret A. The money remains available and withdrawals are possible at any time. We present you the information to know.
To open a youth booklet, the booklet holder must complete the 3 conditions following:
- Be between 12 and 25 years old
- Have his habitual residence in France
- Not already have a young booklet.
The opening of a youth booklet is possible from 12 years:
- Either at the request of the young person himself
- Either at the request of his legal representative (for example: parent).
For the opening of the booklet, the banking institution will require the signature of the legal representative of the minor.
To verify that the opening conditions are met, the future beneficiary of the booklet must provide the banking institution with the following documents, in particular:
- Declaration on honor certifying that he usually resides in France and that he does not already hold a youth booklet
- Any document (translated into French) or official document establishing his date of birth
- If he is a minor, name and address of his legal representative.
FYI
If the conditions set at the opening of the booklet are no longer met, the bank is prohibited from keeping the booklet. She will close the youth booklet.
No, the number of youth booklets is limited to 1 per person.
At the opening of the youth booklet, the banking institution gives a written document to the holder of the booklet reminding him of the prohibition of holding several youth booklets at the same time.
To open a young booklet in a new bank, you have to close your first young booklet. It is not possible to request the transfer of a youth booklet.
At the opening of the youth booklet, the minimum payment is €10.
All operations on the youth booklet are free of charge.
Deposits and withdrawals made on the youth booklet are recorded either on a booklet or on periodic account statements.
Filing
There is no obligation to make periodic payments.
The amount of the payments is free but most institutions require that each deposit transaction be of a minimum amount of €10.
The youth booklet is fed by deposits in cash at the counter by the booklet holder himself.
It can also be powered by check or by transfers from an account that belongs to the booklet holder.
Since 1er in july 2023, in order to make a transfer to the youth account, the bank can no longer require that the bank account and the youth account be both opened in the same bank.
Withdrawal
Only the holder of the youth booklet can make withdrawals at the counter.
In case of withdrawal, most establishments require a minimum amount of €10.
But the bank must respect the withdrawal limits set by the legal representative as long as the holder is a minor.
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Before 16 years
Between the ages of 12 and 16, the child needs the permission of his legal representative to make withdrawals from his booklet.
A maximum limit for each withdrawal can be set by the parents. Most often, the contract signed with the bank already provides limits to prevent the child from spending all his savings too quickly.
Between 16 and 18 years
Between the ages of 16 and 18, the holder of the youth booklet may withdraw freely, unless his legal representative objects.
In this case, the bank must be notified of the opposition of its parents by registered letter with acknowledgement of receipt.
From 18 years
From the age of 18, the holder of the youth booklet can make withdrawals alone and without conditions.
Some banks offer a debit card associated with the youth booklet. The card allows you to make withdrawals under the same conditions as at the counter, with the same limits.
Please note
A withdrawal cannot make the account payable. Withdrawal will be blocked if the balance of the booklet is not sufficient.
The ceiling for payments on the youth booklet is set at €1,600.
The balance of the youth booklet can exceed the ceiling when the bank adds the interest.
In this case, it is possible to keep your young booklet but it will no longer be possible to make new deposits.
Rate
Banks can freely set the remuneration of the youth booklet. The remuneration of the youth booklet can therefore vary from one bank to another.
But its annual interest rate cannot be inferior to that of booklet A (currently, it is 1.7%).
Calculation of interest
Interest is calculated on 1er and the 16th of each month.
The date of the value taken into account for the calculation of interest varies according to the date of the transaction (deposit or withdrawal):
Operation | Until 15 of the current month | From the 16th of the current month |
|---|---|---|
Filing | 16 of the same month | 1er day of next month |
Withdrawal | Last day of the previous month | 16 of the month |
The sums deposited generate interest if they are placed in full fifteen.
At December 31 of each year, the accumulated interest on the year is added to the principal.
The interests of the young booklet are exempt income tax and social security contributions.
The youth booklet can be closed at any time to recover the funds.
It is not necessary to give a reason for closure.
The closure will be automatic in the year of the 25 years of the holder.
FYI
If the account is closed during the year, the interest earned is credited on the closing day.
After closing, the bank must transfer the amounts shown in the credit of the youth account book to another account designated by the holder. If the bank has no indication, it must transfer the sums to a suspense account.
Voluntary closure
The steps to close the youth booklet are different depending on whether the holder is a minor or an adult.
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Minor
The minor child will not be able to act alone. It will require the agreement of its legal representative to close the booklet.
Major
If the holder is of full age, he may alone steps by contacting his bank directly.
Depending on the bank, you will have to go directly to the branch or use an online closing service.
Closure in the year of the holder's 25th anniversary
The booklet holder must request the closure of his young booklet at the latest on 31 December of the year of its 25the birthday.
If the request for closure is not made spontaneously, the bank must itself close the youth booklet.
When the bank is informed of the death of the holder of the youth booklet, it must close the account.
Inheritance fees are now capped in all banks for deposit and booklet accounts.
The bank may charge you fees for the steps it takes in connection with the succession (inventory of funds, verification of the powers and identity of the heirs, transfer of money to the heirs...).)
The amount of the fee is capped at 1% the total balance of the accounts and savings products of the deceased. This amount cannot exceed €857.
Anyone can check if a youth booklet has been opened in their name.
The bank has an obligation to hold the funds for a certain period of time. But after this period, she will have to close the account and transfer the funds to the Caisse des Dépôts.
If this booklet has been considered as inactive, it is possible to recover the funds using the Ciclade online service:
Ciclade (search for forgotten amounts from inactive accounts)
Definition and operation of the youth booklet
Opening and closing of the youth booklet
Transactions carried out on the youth booklet and remuneration
Supervision of bank charges in the event of succession
Supervision of bank charges in the event of succession - ceiling
Interest rates for the period from August 1, 2026 to January 31, 2027
FAQ
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