Can I withdraw the balance in the social security financial card?

The money in the social security card financial account can be withdrawn. Social security card financial account is equivalent to ordinary debit card. As long as the user activates the social security card financial account, the money inside can be taken out. Social card, referred to as "Social Security Card of the People's Republic of China", is an integrated circuit card that is uniformly planned by the Ministry of Labor and Social Security and issued to the society by local labor and social security departments for various business fields of labor and social security.

Social security cards can not only withdraw cash, but also deposit cash. As long as it has the functions of other bank cards, social security cards can not only open mobile banking, but also bind electronic payment tools such as WeChat and Alipay. Many benefits related to social security are also paid in cash through social security cards. For example, pensions for retirees, unemployment insurance benefits, unemployment subsidies, employment subsidies, social security subsidies for flexible employees, subsistence allowances, compensation for work-related injuries, and maternity allowances. But these cash related to social security, although on the insurance card, are all financial accounts in the social security card. In addition to the cash in the financial account, another important content of the social security card is to use it as a medical insurance card. The cash in this card is the personal account fund of the medical insurance card. This piece can't be cashed out, but can only be used in designated pharmacies or hospitals, although there are many small advertisements in the society claiming to help cash out by credit card. However, this is an illegal act of merchants, and it is also illegal to illegally withdraw funds from personal accounts of social security cards and medical insurance. Never do this illegal act, otherwise the funds in the personal social security card medical insurance account will face the risk of stopping the transfer, and may even go to court and bring disaster to themselves.

Social security card concept:

Social security card is a card with two accounts: medical insurance personal account+financial account. After activating the financial account, it can be used as a debit card for cash withdrawal, transfer and consumption.

The passwords of medical insurance personal account and financial account in social security card can be set separately. Social security financial accounts can be loaded with social security cards with financial functions. Electronic certificate, the person who enjoys the rights and interests of human resources and social security services, has the basic functions of social security card, such as identification, information recording, self-service inquiry and business handling. Users can handle endowment insurance affairs with their cards;

You can apply to the relevant departments for job registration and unemployment registration, unemployment insurance and employment training. Social security card information includes basic information on the card surface and information in the card. Among them, the basic information on the card surface is the cardholder's name, gender, citizenship number, etc.

The card records the cardholder's personal status, social insurance payment, personal account information of endowment insurance, work-related injuries and occupational diseases. Those who meet the application conditions can make an appointment to apply for a social security card by telephone or directly to the street social security card application service outlets. When applying, you need to bring your ID card, residence booklet, application form and other related materials.

Legal basis:

Article 2 of the Social Insurance Law of People's Republic of China (PRC): The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.