The more housing provident fund units pay each month, the better, and they can be used to buy houses and decorate in the future. But for those who don't buy a house or don't plan to buy a house in the short term, it is not cost-effective to keep the provident fund in the account.

Because in the provident fund, the part paid in that year can only get the deposit interest rate, while the funds paid in previous years can only get the three-month fixed deposit interest rate.

In the case of inflation, it is obviously not as good as investment, or even as good as a one-year deposit in the bank. So, how can we withdraw the housing provident fund? How to use the joint card of housing provident fund? In addition to buying a house and renting a house, what are the uses of the provident fund? Use the provident fund skillfully, don't let it "sleep"! Next, Duo Lijun will take you to know about the provident fund.

1. What is a joint housing provident fund card?

Housing provident fund co-branded cards, also known as "co-branded cards", are jointly issued by the housing provident fund management center and commercial banks. It is a bank card with multiple functions of housing provident fund deposit voucher, account inquiry and bank debit card, and it is an effective voucher for employees to deposit housing provident fund.

Second, the three functions of the provident fund co-branded card

1. Inquire about the housing provident fund account information, that is, the cardholder can inquire about the balance of his housing provident fund account and account details such as remittance, withdrawal and interest calculation, and print the housing provident fund account information through the housing provident fund account book;

2. It is a valid certificate for the depositor to deposit the housing provident fund. In addition, the joint provident fund card also has all the financial functions of the corresponding bank card;

3. The housing provident fund can be transferred to the joint card, and the cardholder can designate the joint card as the housing provident fund withdrawal account and transfer the extracted housing provident fund to his own joint card account.

3. What are the benefits of co-branded cards for employees?

1. You can query personal housing provident fund account information in real time, query the balance of my housing provident fund, and supervise whether the unit has paid the housing provident fund in full and on time.

2. Withdrawal funds are directly transferred to the co-branded card, without going through the complicated process of "the management institution transfers the withdrawal funds to the company account-the company's finance confirms the withdrawal funds to the account-the funds are transferred to the personal account".

3 employees with housing provident fund loans can be set as repayment cards after handling the joint card. After that, as long as the agreed withdrawal is handled, it is not necessary to withdraw the housing provident fund every year and then transfer it to the repayment card, saving time.

Fourth, how to apply for a joint card?

There are two ways to handle co-branded cards: centralized handling by units and individual application. The process for individuals to apply for a joint provident fund card is very simple. You can go directly to the designated bank outlets with your ID card.

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1. Since it is a provident fund joint card, this means that you must have a provident fund account to apply for a joint card, which means that you have paid the provident fund before.

2. It must be a provident fund account, and more is not enough.

Your ID card must meet the requirements of the bank.

4. I have never applied for a joint card in any bank before.

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If the co-branded card is lost, it is recommended to report the loss to the issuing bank of the co-branded card for replacement.

5. Can the joint card withdraw the provident fund at will?

This statement is wrong. Employees who have applied for the joint card of housing provident fund are still required to submit relevant certification materials for the purpose of withdrawing funds in accordance with relevant regulations when handling specific withdrawal business. At present, the main function of the housing provident fund joint card is only to inquire and accept funds. Therefore, it cannot be understood that the housing provident fund can be withdrawn at will.

6. Under what circumstances can I withdraw the provident fund?

There are many situations in which you can withdraw the provident fund. According to the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund, employees may withdraw the storage balance in their housing provident fund accounts under any of the following circumstances:

1. Purchase, construction, renovation and overhaul of self-occupied houses.

2. Retired.

3. If you completely lose your ability to work, you will terminate your labor relationship with the unit.

4. Those who go abroad to settle down.

5. Repay the principal and interest of the house purchase loan.

6. The rent exceeds the prescribed proportion of family wage income.

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1. If it meets the requirements of items 2, 3 and 4, the employee housing provident fund account shall be cancelled at the same time.

2. When withdrawing the provident fund, it is necessary to cancel the provident fund account in some cases, and the co-branded card can continue to be used after canceling the provident fund account.

3. The above six kinds of withdrawal provident fund must have a joint provident fund card. After meeting the conditions for withdrawing the housing provident fund, the housing provident fund will be transferred to the joint card.

7. What is the use of provident fund?

Use 1: buying a house

1. If you don't have a loan to buy a house, you can withdraw the provident fund at one time;

2. Commercial loans can draw provident fund for down payment;

3. Commercial loans can be used to withdraw provident fund to repay principal and interest;

4 provident fund (portfolio) loans can be used to withdraw the provident fund to repay the principal and interest.

Use 2: Building, rebuilding and overhauling houses.

In rural collective land construction, renovation, overhaul self-occupied housing and the use of housing loans, employees and their spouses can apply for withdrawal of the amount of provident fund before the month of building approval (including the month), and the total withdrawal does not exceed the cost of building.

Use 3: renting a house

1. Use the provident fund to extract the rent of the economic rental house with rent allocation or government rent subsidy;

2. Use the provident fund to pay the market rent.

Use 4: Parents buy houses for their children.

1. If you buy a house yourself and don't use the housing loan, you can withdraw your parents' provident fund;

2. Use a personal housing loan from a commercial bank to purchase your own house, and you can withdraw your parents' provident fund after paying the down payment;

3. Buy your own house with a personal housing provident fund (portfolio) loan, and you can withdraw your parents' provident fund after paying the down payment.

Usage 5: Withdraw all the balance through account cancellation.

1. Divorce or retirement;

2. Workers with agricultural household registration, male over 60 years old and female over 55 years old;

3. Settle in foreign countries, Hong Kong, Macao and Taiwan;

4. Completely losing the ability to work, mostly losing the ability to work or severely disabled, and terminating or dissolving the labor relationship with the unit;

5. Take unemployment insurance money;

6. The registered employees and the city or non-city unit where they moved out were punished, dissolved or terminated their labor relations;

7. The provident fund account has been transferred to the centralized storage account for 2 years or the labor relationship with the original unit has been terminated for 2 years;

8. Those who work outside the administrative area of this Municipality and establish and deposit the housing provident fund locally can cancel their accounts and withdraw all the balance of the provident fund.

Application 6: It is included in the extraction and use of low-income or extremely poor areas.

Workers are included in the minimum living guarantee or poverty relief scope for urban residents, and the employees themselves and their spouses can apply for withdrawal of housing provident fund, and the withdrawal amount shall not exceed the amount of housing provident fund before being included in the minimum living guarantee or poverty relief scope.

Usage 7: Treat major diseases.

Family members (including employees themselves, spouses and minor children) suffering from major illness or major surgery hospitalization, employees themselves and their spouses can apply for withdrawal of housing provident fund. The application date should be within 1 year from the date of discharge, and the personal burden of the total hospitalization expenses should be withdrawn.