Can rural commercial banks use social security cards to save money?

Social security cards can save money. Social security cards have independent financial accounts. The social security card can be used as a bank card after the cardholder changes the initial password of the financial account and activates the account at the social security card cooperative bank. Not only can you deposit and withdraw money directly at ATM machines and counters, but you can also directly bind Alipay, which can be used to pay electricity, gas and water bills.

The social security card is divided into two accounts:

1, personal account

Generally speaking, the money in the personal account of the social security card cannot be taken out. The social security card has two personal accounts. One is the personal account of endowment insurance, which is used to distribute pension after retirement and is also one of the components of our pension. The other is a medical insurance personal account, and the balance of the account can be used to pay medical expenses, buy medicines, health care products, etc. , and can be shared with family in some areas. Normally, we can't withdraw money from these two accounts. Unless the insured needs to settle abroad or the insured dies, he can apply for surrender.

2. Financial accounts

The social security card also has a financial account with the function of a bank card. It can be used normally after being activated by the opening bank. We can use the social security card to deposit and withdraw cash, transfer money, pay water and electricity bills, gas bills and so on. , very convenient.

To sum up: Yes, provided that your social security card has financial function and your bank account has been opened. If your social security card has a financial function and a bank account is opened, then your social security card can be used as an ordinary bank card, which can not only save money, but also withdraw cash, and can also be used for credit card consumption and payment transfer.

Legal basis:

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

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.