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Social security card can go to the automatic teller machine to withdraw money?
The Social Security card has a number of functions, one of which is the ability to operate an automated teller machine (ATM). First of all, it plays the role of a medical insurance card. If you have paid for medical insurance before, then this part of the fee is merged into the social security card, and when you are sick and seek medical treatment, you can directly use the social security card to settle the fee. For urban workers' social security, the portion of the medical insurance paid by the individual will be stored in the medical insurance card, and this part of the balance can also be accessed through the social security card at ATMs.
In addition, the social security card is also a channel for the payment of pensions. When you reach the legal retirement age and fulfill the 15-year contribution requirement, the pension will be directly credited to your social security card. At that point, you can withdraw money through the bank account on your social security card and enjoy convenient financial services.
The social security card also has a bank card function, and it cooperates with local banks, such as the Agricultural Bank of China and China Postal Savings Bank. You can see the logo of the cooperative banks on the social security card, through which you can make deposits, get demand interest and buy financial products such as wealth management. Meanwhile, the funds in the social security card account can be transferred, including accessing cash from ATMs. Simply insert the social security card and enter the preset password to view and operate the account balance and carry out withdrawal operations.
In summary, the social security card is not only used for medical insurance and personal pension, but also has the function of a bank card, which is convenient for you to make deposits, withdrawals, transfers, and other financial activities at ATMs, providing great convenience for the cardholder's daily life.
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