Social security card as a bank card use has any effect

Account security risks, use restrictions and inconvenience, and differences in financial functions.

I. Account security risk

The social security card is closely related to personal identity information and contains a large amount of personal privacy data. Once a social security card is lost or stolen, lawbreakers may use the information contained therein to carry out illegal activities, such as fraudulent claim of social security benefits and theft of bank accounts. Therefore, using social security cards as bank cards increases the risk of account security.

Second, the use of restrictions and inconvenience

Social security cards usually have restrictions on the use of financial functions. For example, in some areas, social security cards may not support inter-bank transfers, online payments, and other functions, which to a certain extent limits its convenience as a bank card. In addition, the scope of use of social security cards is also limited, and not all occasions can accept social security cards as payment tools.

Third, the difference in financial functions

There is a significant difference between social security cards and bank cards in terms of financial functions. Bank cards usually have more complete financial services, such as loans, wealth management, foreign exchange transactions, etc., while the social security card is mainly focused on social security-related functions. Therefore, the use of social security cards as bank cards may not be able to meet the diversified financial needs of individuals.

In summary:

While the use of social security cards as bank cards provides convenience to a certain extent, it also brings problems such as account security risks, restrictions and inconvenience in use, and differences in financial functions. Therefore, when using a social security card, one should fully understand its functions and limitations, and carefully choose whether to use it as a bank card. Meanwhile, it is recommended to strengthen the account security management of social security cards to avoid loss or theft.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 64 stipulates:

Social insurance funds are earmarked for specific purposes, and no organization or individual may misappropriate or misappropriate them. The basic old-age insurance fund is gradually being centralized at the national level, and other social insurance funds are gradually being centralized at the provincial level, with the specific time and steps being prescribed by the State Council.

The Resident Identity Card Law of the People's Republic of China

Article 17 stipulates:

Anyone who commits any of the following acts shall be fined by the public security organ at a rate of not less than 200 yuan and not more than 1,000 yuan, or detained for not more than 10 days, and if he or she has any illegal proceeds, the illegal proceeds shall be confiscated:

(1) Fraudulently using another person's resident's identity card, or using a resident's identity card that was fraudulently obtained;

(ii) Buying, selling or using a forged or altered resident identity card.

Forged or altered resident identity cards and fraudulently obtained resident identity cards shall be seized by the public security organs.