Can I deposit and withdraw money with my social security card?

At present, the social security card has three functions: medical insurance, social security and finance, and can withdraw money like a bank card.

The social security card will be loaded with financial functions, which is the electronic certificate for cardholders to enjoy social security rights and public employment services. It not only has the basic function of social security service, but also has the function of banking service. It can provide payment and settlement means for the insured to pay by card, receive benefits, settle expenses, transfer funds in different places and withdraw cash, thus promoting the realization of the goal of "one card with multiple functions and universal use".

Under normal circumstances, the personal account of social security card cannot be withdrawn, and it is only possible to withdraw it under several special circumstances.

1. If the insured person dies and there is a balance in his personal account, he can withdraw it.

2. If employees' social security and residents' social security are repeatedly paid, the premiums paid for employees' social security or residents' social security shall be refunded.

3. When the insured person goes abroad to settle down, he can withdraw the amount of personal account storage.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 14 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

Article 68 of the Social Insurance Law of People's Republic of China (PRC) stipulates that social insurance funds shall be deposited in special financial accounts, and the specific management measures shall be stipulated by the State Council.