Can social security cards deposit and withdraw money like bank cards?

Legal analysis: after the financial function of social security card is activated, cash deposit and withdrawal, transfer and consumption can be carried out like ordinary bank cards.

Legal basis: Article 7 of People's Republic of China (PRC) Social Insurance Law. The administrative department of social insurance in the State Council is responsible for the national social insurance management, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties. The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.