Differences between Social Security Card 1 and Class 2

Legal analysis: differences: mainly differences in financial functions.

The first generation social security card is just an ordinary card, which has no financial functions such as cash deposit and withdrawal, transfer and consumption. The second-generation social security card contains chips on the basis of the first-generation functions, and has financial functions such as cash deposit and withdrawal, transfer and consumption.

Activate two generations of social security cards;

The first generation social security card has no financial function and can be used without activation.

The second-generation social security card has financial function, which requires the ID card to be activated in the designated bank business hall.

Legal basis: Notice of People's Republic of China (PRC) and Ministry of Human Resources and Social Security on Loading Social Security Cards with Financial Functions. The social security card loaded with financial functions can be used as a bank card, which has financial functions such as cash deposit and withdrawal, transfer and consumption. In order to promote financial services to people's livelihood and facilitate people to enjoy social security benefits and financial services.