Is it safe to deposit money in the social security card?

The money is safe in the social security card.

According to the query of Baidu Pro, after activating the financial function, the social security card can be used as a bank financial account. Specific functions include credit card consumption, cash storage, cash withdrawal and transfer. Its security is the same as that of bank cards, and it enjoys the protection of deposit insurance regulations. But as long as the transaction password is not leaked, the money on the bank card is safe.

The social security card refers to the integrated circuit (IC) card issued by Ministry of Human Resources and Social Security in a unified planning and by the human resources and social security departments of provinces, prefectures and cities in cooperation with banks. It has social security application functions such as identification, information recording, self-service inquiry, medical settlement, payment and treatment collection, as well as financial application functions such as cash deposit and withdrawal, transfer and consumption. It is the information carrier for cardholders to enjoy human resources and social security rights.