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Is there an annual fee for opening the financial function of social security card?

Nowadays, many insured people will activate the financial function of social security cards, so that social security cards can be used as bank cards, which can be used to transfer money and pay fees. Some people are worried about charging an annual fee, so does the financial social security card need an annual fee? Let's take a look.

There is no annual fee for financial social security cards.

At present, there is no extra charge for activating the financial function of social security card according to regulations, and there is no annual fee and small account management fee for using the financial function of social security card. When the insured person is activated, there is no need to issue any certificate or apply for canceling the annual fee.

Financial social security card is a kind of social security card loaded with financial functions. It has the functions of information recording, information inquiry and business handling. At the same time, it can also be used as a bank card, with financial functions such as cash deposit and withdrawal, transfer and consumption. Ordinary social security cards cannot be used as bank cards and do not have these functions.