What does the social security card with financial function mean?

The social security cards of this function refer to the second and third generation social security cards. Different from the first generation of social security cards, financial social security cards have financial functions, that is, the bank debit card function that we often use.

Simply put, the main difference between financial social security cards and ordinary social security cards is the functional difference. Financial social security cards can be used for deposit and withdrawal, consumption, transfer and medical insurance payment reimbursement, while the first generation social security cards can only be used for medical insurance payment reimbursement.

If the cardholder needs to activate the financial function of the social security card, he/she can go through the activation procedures for the financial account of the social security card at any business hall counter of the social security card cooperative bank with the social security card, identity documents and other materials.