What is the use of combining social security card with bank card?

The combination of social security card and bank card not only has the basic function of social security service, but also has the function of banking service, which can rely on the bank payment and settlement network all over the country.

It can provide payment and settlement means for the insured to realize card payment, treatment collection, fee settlement payment, fund transfer in different places, cash withdrawal consumption and so on.

So as to promote the realization of the goal of "one card with multiple functions and universality", realize the effective combination of functionality and portability, greatly save social resources and avoid repeated construction, which is of great significance to the creation of an economical society.

Extended data:

Financial service is one of the important contents of social public service and one of the important functions entrusted to the central bank by the state, and social security is related to the people's livelihood needs of thousands of households. The party and the state have always attached great importance to the development of social security and the improvement of the quality of financial services in China.

Therefore, in the process of fulfilling its financial service function, the People's Bank of China always pays attention to serving people's livelihood and cooperates with relevant departments to carry out research and practice on people's livelihood financial services. The financial function of social security card is the result of joint research and exploration by the People's Bank of China, commercial banks and Ministry of Human Resources and Social Security in recent years.

People's Daily Online-Central Bank: The social security card has both social security and banking services.