Can I use my social security card to deposit and withdraw money?

Legal analysis: social security card can save money and withdraw money. Social security cards generally have three accounts, namely social security inquiry account, medical insurance account and financial account. Cardholders can bring their ID cards and social security cards to the social security card cooperative bank outlets to activate social security card financial accounts. Once activated successfully, the social security card will become a bank debit card, which can be used for deposit and withdrawal and transfer. After activating the financial account and setting the password, the user can deposit money into the financial account. At this time, the function of social security card is the same as that of ordinary bank card, and you can withdraw money at ATM. The money in the social security account cannot be taken out with the social security card. The social security card, namely the Social Security Card of the People's Republic of China, refers to an integrated circuit card that is uniformly planned by Ministry of Human Resources and Social Security and issued to the society by local human resources and social security departments for various business fields of human resources and social security. Social security card holders can use this card to settle personal accounts of medical insurance in real time, handle pension insurance affairs, apply for job registration and unemployment registration.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law. The employing unit shall handle social insurance registration for employees within 30 days from the date of employment. 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.