Can social security cards be used to save money?

Social security cards can't be used to save money.

Social security card is mainly used to record personal social security contributions, social security benefits and other information, but also as a way to prove identity. But in some areas, social security cards can be associated with bank cards, and social security cards can be used as a payment method of bank cards. Social security bureaus in some areas also provide services such as social security card recharge, but the recharge amount can usually only be used to pay social security-related expenses such as medical expenses, and cannot be directly used for other consumption or savings.

The social security card is used for the following purposes:

1, personal social security related information records, electronic certificates and information inquiry, etc. ;

2. Record the insured's name, ID number, date of birth, gender, nationality, household registration and other basic information;

3, query my pension, unemployment, medical care, work injury and maternity insurance payment;

4. You can take the card to the hospital to see a doctor, settle the medical insurance personal account, and buy medicine at the pharmacy;

5 for medical care, unemployment, pension, work injury, maternity and other social security affairs;

6. Query the total amount of endowment insurance and medical insurance;

7. Handling social security affairs such as receiving pension, job-seeking unemployment registration, applying for unemployment insurance, and applying for vocational training;

8. Used for identification.

To sum up, the specific functions and scope of use of social security cards may be different due to different regions and policies. It is suggested that the insured should first understand the relevant local regulations and requirements when using the social security card to ensure legal compliance.

Legal basis:

Article 61 of People's Republic of China (PRC) Social Insurance Law

Social insurance premium collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment.

Article 62

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.