Is social security card a credit card or a savings card?

Social security card is a savings card, not a credit card. Social security card is a debit card with financial function, which is jointly issued by the Ministry of Social Security, the Ministry of Human Resources and banks for labor security and social security business. Social security card has two accounts: social security account and financial account.

The specific functions are:

1. Social security card can be used for enrollment, account inquiry and treatment application. Now the social security card and employment card are combined into one, and unemployment registration and employment services can also be carried out. Social security cards are also needed for some inter-provincial businesses such as social security relationship transfer and treatment qualification certification.

2. The financial functions of social security cards are deposit, withdrawal, transfer and consumption. It's actually a bank savings card. In addition, pensions, unemployment benefits, work-related injury allowances and employment subsidies are distributed to social security cards, and can also be collected by social security cards, which simplifies the application procedures. There are still many places that distribute subsidies for benefiting farmers and benefiting the people to the social security cards of the corresponding groups, which is efficient and convenient, and can also avoid fraudulent use.

3. Social security card can be reimbursed for medical treatment and has the function of medical insurance card. Social security cards are used for settlement and reimbursement of medical treatment. This is what we usually call a "medical insurance card".

Social security cards are now used in more and more places for people's livelihood. Many cities have begun to implement the service mode of establishing a one-card system based on social security cards, which means that citizens can use social security cards to take public transport and borrow books. Realize the related services of smart city card system.

Social security card is a national unified standard, and social security number is a citizen ID number, which carries social security business and financial business and belongs to savings card. After all, credit card processing requires certain conditions. Specifically, 18-year-old adults need to provide economic proof to prove their repayment ability, have a stable job and income source, and have good credit and no bad records.

legal ground

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

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask 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 An 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.