- Some are attached to trading products with no guarantee of the rates offered, the expectation being that they’ll manage to pull you into trading and there is also an additional depo fee.
- Others are third party facilities that deposit your money in banks mainly in Eastern Europe, so they are not actually offering anything but an introduction service.
As always assume that higher rates come with some kind of additional risk, nobody pays you more than they need to.
Whether a French bank will let a non French resident open a Lvret A is up to the individual bank. I/we bank with 3 different French banks 1 will allow non res' to open, 1 won't, and we are still waiting for a reply from the other (but I get tired of waiting so got it sorted out), so we were not new customers.
If you are non French res', then the interest is paid gross (not tax free), and it has it has to be declared in you country of residence for tax to be applied there at your highest rate, so that could negatively affect how attractive the returns are from the savings account.
So the tax free status of the Livret A only applies to French residents is how it was explained to me.
Limited to 22 950 € - and 1 per person.