Can I withdraw money from the bank card bound by the social security card?

Bank cards bound by social security cards can withdraw money. The reason for this is the following：

1, the social security card with UnionPay can be used as a bank card (debit card), provided that you deposit money in it before you can withdraw money from the bank;

2. In addition, the money paid for social security cannot be taken out, and can only be used for medical reimbursement or medicine purchase.

The social security card withdrawal method is as follows:

1, first of all, we must ensure that the bank account in the social security card has corresponding funds;

2. Then insert the social security card into the ATM of the corresponding bank;

3. Enter the bank card password set by the social security card according to the page prompt;

4. After entering, you can see the balance in the social security bank account, then select withdrawal and enter the withdrawal amount;

5. Finally, the withdrawal is confirmed. The successful withdrawal process is similar to that of a normal bank card.

Other functions of social security card:

1, providing medical insurance. Social security itself includes medical insurance, and China's medical security system is relatively sound. Basically, everyone needs to buy medical insurance, and the proportion of medical insurance reimbursement for urban workers is very high. In addition, there is a corresponding balance in the medical insurance account. If you are sick, you can directly deduct the balance in your medical card. Outpatient expenses can also be reimbursed in the social security account of the new rural cooperative medical system. Even if it is a small cold, the corresponding outpatient expenses can also be reimbursed in the local health center.

2. As an endowment insurance card. Social security also includes endowment insurance. Now almost everyone needs to pay endowment insurance. The legal retirement age in China is 60 for men and 55 for women. After reaching retirement age, endowment insurance will be credited to our social security card. Then we can take the pension from the social security card and use it.

3. Use it as a bank card. You can put your idle funds in the social security card, you can get current interest, or you can use the funds in the social security bank account to buy wealth management and turn it into a regular one. Social security card is a kind of card. Even if the user has already applied for a card of the corresponding bank before, there is no limit on the deposit and withdrawal funds of this card.

Legal basis: Article 24 of the Administrative Measures of the People's Republic of China on Social Security Cards.

Card issuing areas should establish a strict social security card key management system, and strictly regulate the storage and use procedures of encryption machines, master key cards, key mother cards, transmission key cards and other keys and key carriers; When it is really necessary to hand over the key carrier to a third party for use, it is necessary to make a handover record, sign a confidentiality agreement, review its security management plan, and supervise the use of the third party.

Article 25

The card issuing area should establish a PSAM card management system, record its specific information and usage in detail, establish a recycling and destruction mechanism, and clarify its physical form, external conditions and usage mode when actually used, so as to ensure the safety of the card environment.