Can I save money with my social security card?

Legal analysis: social security card can save money. The third generation social security card has opened financial functions, including cash deposit and withdrawal, transfer and consumption.

Legal basis: Notice of the People's Bank of Ministry of Human Resources and Social Security and the People's Bank of China on Loading Financial Functions into Social Security Cards.

I. Significance

Loading financial functions into social security cards is a new requirement for accurate management of social security and deepening promotion of financial services. It is an important measure to innovate human resources social security management mode and financial service mode, which is conducive to the insured people to enjoy social security benefits and financial services conveniently, improve the service level and financial service ability of human resources social security management, and enable the people to better enjoy various public services provided by the government, thus achieving the goal of facilitating the people, benefiting the people and benefiting the people.

Local human resources and social security departments, branches of the People's Bank of China, commercial banks and other relevant units should establish a global concept, fully understand the significance of loading social security cards with financial functions, enhance their sense of urgency, and earnestly do a good job in the related work of loading social security cards with financial functions.