What bank card do I need to apply for endowment insurance?

You can choose a savings card or debit card of any commercial bank as the payment account.

First, understand the local social security policy.

Social security policies in different regions may be different, so you need to know the local policies and regulations before you apply for endowment insurance. This includes understanding the required materials, handling procedures and supporting banks. You can get relevant information by consulting the local social security department, logging in to official website or calling the hotline.

Second, choose the right bank.

After understanding local policies, you can choose commercial banks to open savings cards or debit cards as payment accounts for old-age insurance. Generally speaking, most commercial banks support social security payment services, but the specific banks they support may be different due to different regions and policies. Therefore, when choosing a bank, it is suggested to give priority to the bank recommended by the local social security department to ensure the smooth handling of endowment insurance.

Third, apply for a bank card

After choosing a bank, you need to apply for a savings card or debit card at the bank's business outlets. When handling, you need to bring valid identity documents and fill out relevant application forms according to the requirements of the bank. Upon completion, you will get a bank card as a payment account for endowment insurance.

Fourth, bind the bank card with the social security account.

After obtaining the bank card, you need to bind the social security account number. This can generally be done through the social security department official website or the mobile APP. In the binding process, you need to enter the bank card number, ID number and other related information, and follow the prompts to complete the operation. After the binding is successful, you can use this bank card to pay the endowment insurance.

To sum up:

There are no specific bank restrictions on the bank cards needed to handle endowment insurance, but the specific banks supported may be different due to different regions and policies. Before handling, you need to know the local social security policy and choose the appropriate bank to open a savings card or debit card. After obtaining the bank card, it needs to be bound with the social security account to pay the endowment insurance.

Legal basis:

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

Article 58 provides that:

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.

Article 60 provides that:

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.