Can the social security card for minors be used as a bank card?

Social security cards can be used as bank cards, provided that the financial functions of social security cards are activated; As a bank card, social security card is only applicable in China and does not support credit function. As a bank card, social security card can enjoy the benefits of free annual fee and loss reporting fee. Since the previous generation of social security cards had no financial function, remember to update them in time.

Can I withdraw money from social security?

Of course. The withdrawal method of the social security card is as follows: because the social security card can be used as a bank card, the money in the social security card is divided into two parts: one part is used as a bank card and can be accessed at any time, and there are other bank card functions. If you want to use cash, you can go to the bank to withdraw it. The other part is the money returned to my account by social security according to the old-age insurance. This part can be used to buy medicine, but it cannot be returned.