Can I withdraw money from my social security card?

1, the social security card with UnionPay can be used as a bank card (debit card), provided that you deposit money in it before you can withdraw money. In addition, the money paid for social security cannot be taken out, and can only be used for medical reimbursement or medicine purchase. In fact, two accounts, a deposit account and a social security account, are on the same social security card.

2. Activation of social security account: I need to bring my bank social security card, my old social security card (not needed) and my ID card to the social security counter of the bank to fill in the form and set a password to activate the social security account, but this account cannot be used to withdraw money.

3. Bank account: You need to bring your bank social security card and my ID card to the bank counter to fill in the form, set a password to activate the bank card account, and you can use it. It has the same function as ordinary bank cards and can be used for withdrawal and transfer.

4. It is suggested that the passwords of the two accounts should be set separately, preferably not the same, to ensure the safe use of each account.

Full text of People's Republic of China (PRC) social insurance law

Article 64? Social insurance funds include basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.