Credit Card Declined: Causes and Solutions

One of the main reasons why credit cards are declined is because your credit limit has been used up. If you have spent all the money on your card, you will not be able to make any further payments. To fix this, you should check your account balance and remaining credit limit, or pay down your outstanding balance to create more limit.

In addition, your credit card may have expired before you have received a new one. In that case, you need to check the expiration date on the card and contact the bank to request a new card. Usually, the bank will send a new card before the old one expires to ensure that the payment process is not interrupted.

Entering incorrect payment information is another reason for credit card decline. Sometimes, just entering a single digit wrong in the card number, cardholder name, CVV code, or expiration date is enough to fail the transaction. The solution is to double-check the payment information before confirming the transaction, making sure that all the information is correct.

Illustration: Government.

Your bank may also block your card due to suspicious transactions or because you have violated the terms of use. If this happens, you should contact your bank immediately to confirm why your card was blocked and request an unlock if necessary. You should also review your recent transactions to ensure that there are no fraudulent transactions.

Some credit cards have a limit on the maximum amount of transactions per day or per month. If you make a transaction that exceeds this limit, your card will be declined. To resolve this, you should check these limits in your card's terms of use and, if necessary, contact your bank to increase your transaction limit.

Finally, a technical error on the part of your bank or payment provider can also cause your credit card to be declined. In this case, you should retry the transaction after some time or try a different payment method. If the problem persists, contact your bank for assistance.

Cong Hieu (synthesis)

Source: https://vtcnews.vn/the-tin-dung-bi-tu-choi-nguyen-nhan-va-giai-phap-ar912734.html