BforBank, the online banking arm of the Crédit Agricole group, has launched a new savings account called Bfor+, offering a guaranteed gross interest rate of 3.10% for one year until 2 November 2026. The account allows deposits up to 200,000 euros, with the interest rate applying only to that amount. The account is protected up to 100,000 euros by the Deposit Guarantee and Resolution Fund (FGDR), a European mechanism that safeguards customer deposits in case of bank failure. Unlike other savings accounts that may offer higher rates for shorter periods, the 3.10% rate from Bfor+ is guaranteed for a full 12 months. The Bfor+ account offers a higher return than the Livret A, a popular French savings account that has been paying 1.7% net interest since 1 August 2026. For a deposit of 10,000 euros, the Bfor+ account would generate approximately 212.66 euros in net interest over a year, compared to 170 euros from the Livret A. This difference is due to the higher gross rate and the way interest is taxed. All interest earned is subject to tax and social contributions, with a flat tax rate of 31.4% in 2026. The Bfor+ savings account allows for free transfers and withdrawals via wire transfer, provided a minimum balance of 10 euros is maintained. Interest is calculated every two weeks and is paid into the account on 31 December of each year or at the time of closure. The account is designed for personal use, not for professional or business purposes, and requires an active current account with identity documents and proof of residence. To qualify for the 3.10% rate, the account must be opened between 1 October and 2 November 2026, and the request must be made by the deadline. The Bfor+ account has been recognized for its flexibility and accessibility, earning the Excellence Savings 2026 label from Dossiers de l'Épargne, a respected French financial publication. The label was awarded following a first distinction in 2024 and is based on criteria such as standard interest rates, ease of use, and the ability to access funds. The offer is limited to one Bfor+ account per person, though individuals can open multiple accounts at the standard rate for different personal projects. A 14-day withdrawal period is also provided, giving customers time to review the account features and seek assistance through the BforBank app or customer service.