Has the social security card opened the financial function?

No, social security card activation and social security card financial function activation are two different things. If the social security card activation does not apply for financial function activation, then the financial function is still unavailable. Specifically, you can go to the issuing bank outlets or call the issuing bank service hotline for consultation.

New social security cards, social security cards and bank accounts on social security cards should be activated. Activation means setting a password. The activation of the social security card is actually activated by changing the password through the bank's ATM machine. The financial function in the social security card does not explicitly stipulate that it must be activated, but after activating the financial function, you can directly use the social security card to receive pensions and unemployment insurance benefits.

Do I have to go to the counter to open the financial function of social security card?

I must go to the bank counter in person. To activate the financial function of the social security card, the insured needs to carry valid certificates such as the social security card and the original ID card, and go through the activation procedures of the social security card financial account at the social security card issuing bank. If you are elderly or disabled, please contact the issuing bank for on-site service.

After activating the financial function on the social security card, the bank account will be opened. This social security card has all the functions of a bank card and can be used as a bank card, such as saving money, withdrawing money and transferring money. If it is not activated, it will not affect the payment of social security and the application for pension, but the pension is credited to the bank card.

Finally, I would like to remind you that whether the financial function of the social security card is activated depends on the insured's own choice, but it is more convenient after activation. Moreover, after the financial function of the social security card is activated, it is best to save some money in it to avoid not becoming a sleep account for a long time.