Can the social security card for minors be used as a bank card?

The social security card for minors can be used as a bank card.

Social security cards for minors have financial functions and can be used like bank cards. The guardian needs to bring the minor's household registration book and social security card to the bank to open this function. Social security cards can be used not only for real-time settlement of personal accounts of medical insurance, but also for pension insurance affairs, job registration, unemployment registration, application for unemployment insurance benefits, participation in employment training, labor ability appraisal, and enjoyment of work-related injury insurance benefits. When activating the financial account of the social security card for minors, parents need to bring the social security card for minors, birth certificate, household registration book and parent ID card to the bank outlets to which the social security card belongs. The social security number of the social security card adopts the citizen identity number, which shall be implemented in accordance with the provisions of the Social Insurance Law.

Functions and application scenarios of social security cards;

1. Identity authentication function: The built-in chip of the social security card can store the identity information of the cardholder, which is used for the identity authentication of medical institutions and social security service windows;

2. Medical insurance settlement: the social security card is mainly used for medical insurance settlement, including the payment of medical expenses such as outpatient service and hospitalization;

3. Social security information inquiry: Cardholders can inquire personal social security payment records, medical insurance account balances and other information through social security cards;

4. Cash deposit and withdrawal function: Social security cards in some areas have the basic functions of bank cards, and cash deposits and withdrawals can be made at bank ATMs;

5. Consumer payment function: In some areas, social security cards can also be used as prepaid cards for consumer payment at designated merchants.

To sum up, the social security card for minors not only has the basic social security function, but also can activate the financial function in the bank with the help of the guardian, so that it can carry out various financial operations like a bank card, and at the same time cover many social insurance businesses such as medical care, pension, employment, etc., providing a comprehensive social security and financial service platform for minors and enhancing the practicality and convenience of the social security card.

Legal basis:

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

Article 14

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.