Is social security card a bank card?

Social security card is a kind of bank card. The social security card is marked ATM. A social security card contains two accounts, one is a social security account and the other is a financial account. The former means that the money in the social security card cannot be taken out. After the financial account is activated, it can be used as an ordinary bank card, whether at the counter or at the ATM. However, you need to take your ID card to the corresponding bank on the card to activate it. It can be said that it is not only a social security card, but also a bank debit card, which has the functions of cash deposit and withdrawal, transfer and consumer finance.

Although you can use this financial social security card to withdraw money, transfer money, collect and pay for it, there is no handling fee for inter-bank cash withdrawal in the province, but it should also be noted that it is only used in China and does not support credit function at present.

Everyone who participates in social security has a social security card. It may be collected by the unit and distributed, or it may be necessary to apply for it yourself.

legal ground

Legal basis: Measures for the Administration of Bank Card Business

Article 5 Bank cards include credit cards and debit cards. Bank cards are divided into RMB cards and foreign currency cards according to different currencies; According to the different issuing banks, it can be divided into corporate cards (business cards) and personal cards; According to different information carriers, it can be divided into magnetic stripe card and ic card.

Article 6 Credit cards are divided into credit cards and quasi-credit cards according to whether the reserve fund is deposited with the issuing bank. Credit card refers to the credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. Quasi-credit card refers to a credit card in which the cardholder must first deposit a certain amount of reserve fund according to the requirements of the issuing bank, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank.

Article 7 Debit cards are divided into transfer cards (including savings cards, the same below), special cards and stored value cards according to different functions. Debit cards have no overdraft function.

Article 8 A transfer card is a debit card for real-time deduction. It has the functions of transfer settlement, cash deposit and withdrawal and consumption.

Article 9 A special card is a debit card with a specific purpose and used in a specific area. With transfer settlement and cash deposit and withdrawal functions. Special use refers to use outside department stores, restaurants, restaurants and entertainment industries.

Article 10 A stored-value card is a prepaid wallet-type debit card in which the issuing bank transfers its funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.

People's Republic of China (PRC) social insurance law

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask 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.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance.

The state supports social insurance through preferential tax policies.

Article 6 The State exercises strict supervision over social insurance funds.

The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds.

People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.