Where can I get the money from the social security card?

Social security cards are withdrawn in the same way as bank cards. You can withdraw money through self-service equipment, mobile banking, online banking and counters, provided that the cardholder activates the social security card financial account.

The money in the social security card is divided into two parts:

1. Part of it is used as a bank card and can be accessed at any time. Like other bank cards, if you want to use cash, you can withdraw it from the bank at any time.

2. The other part is the money returned to your account by social security according to the endowment insurance you paid. This part can be used for drug consumption, but cash cannot be withdrawn.

Social security payments can only be withdrawn if the following conditions are met:

1, reached retirement age, but failed to meet the conditions of payment 15 years.

2. The insured dies for some reason.

3. The insured goes abroad to settle down.

4, after retirement death, personal account balance.

5. If the rural household registration in other places can apply for returning the individual contributions of the old-age insurance after leaving office, the unit part cannot be returned, and other social security cannot be returned.

To sum up, social security card is a combination of social security account and financial account. The money in the financial account can be taken out, but the money in the social security account can't be taken out, which belongs to the special fund. The money in the medical insurance account in the social security card can only be used when buying medicine and paying medical expenses, and the money in the old-age insurance account can only be withdrawn after retirement, and cannot be taken out at will.

Legal basis:

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

Article 8

Social insurance agencies provide social insurance services, responsible for social insurance registration, personal rights and interests records, social insurance benefits payment and other work.