What is a credit card?

Social security card is not a credit card. Social security card is called social insurance. Credit card is simply credit overdraft card.

Social security cards are neither debit nor credit cards.

The Social Security Card of the People's Republic of China is an integrated circuit (ic) card, which is uniformly planned by Ministry of Human Resources and Social Security and issued to the public by local human resources and social security departments, and used in various business fields of human resources and social security.

Social security (individual) cards are issued to urban employees, unemployed people and retirees, and social security (employer) cards are issued to employers. Ministry of Human Resources and Social Security said that it will take about five years to make social security cards generally have financial functions.

Social security cards have a wide range of functions. Cardholders can not only use the card for real-time settlement of medical insurance personal accounts, but also handle endowment insurance affairs; Apply for job registration and unemployment registration, apply for unemployment insurance, and apply for employment training; Apply for labor ability appraisal and enjoy work-related injury insurance benefits; Handling labor and social security affairs online. The social security card adopts the national unified standard, and the social security number adopts the citizenship number in accordance with the relevant provisions of the Social Insurance Law.

2065438+2005123 October, Jong Li, spokesman of Ministry of Human Resources and Social Security, said that by the end of 2065438+2004, the number of social security card holders in China had reached 7120,000, and the number of social security cards issued in 2065438+2005 would reach 800 million. From 20 15, the social security card will be opened to other integrated applications in public service fields, and the function of "one card" will be gradually realized. For example, social security card, medical card and bank card are combined into one to realize the "one card" for medical treatment.