What is the use of social security card personal account balance?

The balance of the personal account in the social security card is your salary minus your share, including deposit interest. The social security paid by the unit enters the social pooling, which is not in your personal account. It can be said that it has nothing to do with you. What you see on the hospital invoice is your medical insurance balance, which is the money you can use personally.

There are two independent accounts in the social security card: the social security account and the financial account. The funds in the financial account can be freely withdrawn and used, while the balance in the social security personal account is the pension deposit and the medical insurance account, which does not support free withdrawal. Accumulated pension deposits have been paid 15 years of social security. After reaching the statutory retirement age and going through retirement procedures, they can be collected monthly according to the number of payment months. Medical insurance accounts are used when designated medical institutions and retail pharmacies pay personal medical expenses.

UnionPay on the social security card can be used as a bank card (debit card), provided that you deposit money in it to withdraw money; In addition, the money paid in social security can not be taken out, and can only be used for medical reimbursement or medicine purchase. In fact, two accounts, a deposit account and a social security account, are on the same social security card. Activation of social security account: I need to bring my bank social security card, my old social security card (if not, I don't need it) and my ID card to the social security counter of the bank to fill out a form and set a password to activate the social security account, but this account can't be used to withdraw money. Bank account: I need to bring my bank social security card and my ID card to the bank counter to fill in the form, and set a password to activate the bank card account, which has the same function as ordinary bank cards and can be used for withdrawal and transfer. It is recommended to set passwords for two accounts separately, preferably not the same, to ensure the safe use of each account.

If the money in the medical insurance account cannot be withdrawn, why do many people take social security cards and go directly to the bank to withdraw money? Because the social security card also has an important account: the financial account. Financial account is the bank card in our daily life. In order to use the social security card reasonably, the medical insurance account and the financial account are merged. We can use the social security card as a bank card in our daily life. Directly transfer the money to the social security card, which will be transferred to the financial account by default. When you need to withdraw money, just take the social security card to the bank to withdraw money, which is very convenient.