How to activate the financial account function of social security card

The social security card activates the financial account through the following functions:

1, activated at the bank counter. Cardholders need to bring their social security cards and ID cards to the corresponding banks for activation. For example, if the social security card belongs to the Agricultural Bank of China, they must go to the outlets of the Agricultural Bank. Give personal needs, social security cards and ID cards to bank staff, and then help to complete the activation of social security card financial accounts;

2. Save a sum of money to activate. The social security card financial account, like the bank savings card, is usually inactive after the bank handles a savings card, but it will only be activated automatically if a sum of money is deposited. The same is true for social security card financial accounts. You can transfer a sum of money to the social security card financial account through mobile banking or online banking, and the social security card financial account will be officially activated.

The purpose of the financial function of social security card:

1, save function. Social security card financial accounts can be used for savings, and can also be used to convert demand deposits into time deposits to obtain higher interest;

2. Withdrawal function. You can insert the social security card directly into the ATM to withdraw money. The operation method is the same as the bank card. Enter the password and follow the page prompts to inquire about the balance of the social security card financial account or withdraw funds from the financial account.

3. Used for transfer. The balance in the social security card can be transferred through the counter, mobile banking, online banking or ATM. It is recommended to use mobile banking to transfer money. At present, there is no charge for mobile banking transfer.

To sum up, the financial function of the social security card is very important, and the funds related to social security need to be transferred and withdrawn through the social security bank account.

Legal basis:

Article 4 of People's Republic of China (PRC) Social Insurance Law

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.