What is the use of binding social security card bank accounts?

After the card is bound, it can be used as an ID card, a bank card and a pension.

Can be used as an ID card: A bank account bound with a social security card can be used as an ID card, which is its identification function.

When the bank card is used: the current social security card is one card and two accounts, which are divided into medical insurance personal accounts and financial accounts. The new social security card adopts chip technology, which is more secure.

Pension payable: If you use the social security card bank account to receive pension benefits, the working materials will be more streamlined, and the system will automatically read the personal social security card information when handling business, without providing the applicant's social security card or other bank cards separately.