Can I save money with my social security card?

Social security cards can save money and withdraw money. Social security cards generally have three accounts, namely social security inquiry account, medical insurance account and financial account. Cardholders can bring their ID cards and social security cards to the social security card cooperative bank outlets to activate social security card financial accounts. Once activated successfully, the social security card will become a bank debit card, which can be used for deposit and withdrawal and transfer.

After activating the financial account and setting the password, the user can deposit money into the financial account. At this time, the function of social security card is the same as that of ordinary bank card, and you can withdraw money at ATM. The money in the social security account cannot be taken out with the social security card.

The social security card, namely the Social Security Card of the People's Republic of China, refers to an integrated circuit (ic) card that is uniformly planned by Ministry of Human Resources and Social Security and issued to the society by local human resources and social security departments for various business fields of human resources and social security. Social security card holders can use this card to settle personal accounts of medical insurance in real time, handle pension insurance affairs, apply for job registration and unemployment registration.

First, the main eight functions of social security card

1. Personal social security related information records, electronic certificates and information inquiry, etc.

2. Record the insured's name, ID number, date of birth, gender, nationality, residence and other basic information.

: Inquire about my pension, unemployment, medical care, work injury and maternity insurance payment.

You can take the card to the hospital and go to the pharmacy to buy medicine.

Handle social security affairs such as medical care, unemployment, pension, work injury and maternity.

Query the accumulated amount of endowment insurance and medical insurance.

Handle social security affairs such as receiving pensions, job hunting, unemployment registration, and even participate in vocational training.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.