Can I transfer money to the social security card?

You can transfer money to the social security card.

The reason for this is the following：

1, social security card can be used as a bank card, provided that the financial function of social security card has been activated;

2. The activated social security card has the functions of bank debit card deposit and withdrawal, transfer (remittance), UnionPay consumption, payment, collection and payment, multi-account with one card, contract transfer, investment and financial management, etc. It is equivalent to a bank card, but it is not just the function of a bank card. The social security card financial account can complete the payment of various social insurance benefits (such as pensions). In addition to financial functions, social security cards also have voucher and record functions.

Social security includes:

1. Old-age insurance can guarantee the basic needs of the elderly. Pay enough 15 and above, reach the legal retirement age, and receive monthly pension benefits;

2. Unemployment insurance can provide material help for workers who temporarily lose their livelihood because of unemployment;

3, medical insurance, the average individual only bears 40% of the medical expenses, and 60% is borne by the medical insurance department;

4. Industrial injury insurance is generally paid by the unit. You can enjoy a certain proportion of reimbursement for work-related accidents during work;

5, maternity insurance, general male workers should also participate in maternity insurance. Before giving birth to a child, as long as the payment is continuous 12 months or more, you can enjoy partial expense reimbursement.

To sum up, if you need to transfer money or deposit money, you need to use a bank card or other suitable payment tools.

Legal basis:

Article 11 of the Measures for the Administration of Social Security Cards of the People's Republic of China

The third-party organization that undertakes the production of social security cards selected by the card-issuing area shall have a safe production environment that meets the requirements of Ministry of Human Resources and Social Security, have strict safety management measures in the process of data storage, transmission and use and card transportation, and can ensure the safety of social security card data and keys.

Article 12

For initial business card printing and replacement of card suppliers and products, test cards must be made in a regular business card printing environment, and they can be formally made and distributed only after passing the standard compliance audit, safety audit and cross-regional universality test organized by the Office of Ministry of Human Resources and Social Security Informatization Leading Group.

Article 13

Card-issuing areas should formulate a scientific and reasonable distribution process in accordance with the principle of convenience for cardholders, so as to facilitate cardholders to issue social security cards.