Is the social security card a savings card?

Legal analysis: Social security card is neither a debit card nor a credit card. The social security card of the People's Republic of China is planned by Ministry of Human Resources and Social Security in a unified way and issued to the society by the local human resources and social security departments.

Legal basis: Notice of Ministry of Human Resources and Social Security Municipality on Printing and Distributing the Administrative Measures of the People's Republic of China on Social Security Cards.

Article 1 These Measures are formulated to standardize the issuance, application and management of social security cards of the People's Republic of China (hereinafter referred to as social security cards), safeguard the legitimate rights and interests of cardholders, and improve the service level of human resources and social security management.

Article 2 The term "social security card" as mentioned in these Measures refers to an integrated circuit card issued to the public and mainly used for government social management and public services in the fields of human resources and social security. The social security card is the electronic certificate for cardholders to enjoy social security and public employment services. It has the basic functions of information recording, information inquiry and business handling.