Can a child's social security card save money and withdraw money?

The social security card has been opened and the financial function has been activated, so you can save money and withdraw money; Otherwise, you can't

There are different expressions about whether children's social security cards can save money or withdraw money, but in fact, these expressions all point to the same core point: social security cards usually have two account functions: social security account: it is mainly used to record personal social security information, such as medical insurance, old-age insurance and other payment and treatment enjoyment, and this account cannot access money.

Financial account: Social security cards in some areas have financial functions, just like bank cards, which can deposit and withdraw money and transfer money after activation. If the child's social security card is enabled with a financial function and a password is set after activation, then parents can indeed deposit money into this financial account, and the child or his guardian can also withdraw money according to the normal bank card method.

To sum up, whether a child's social security card can deposit or withdraw money depends on whether it has and activates the financial account function. If this function is available and activated, you can deposit and withdraw money; If it has no financial function or is not activated, it cannot be used to deposit or withdraw cash. It is recommended to consult the local social security bureau or bank to obtain accurate information before handling and using it.