Why has my credit card been rejected?

Why has my credit card been rejected?

There are several reasons why a card may be rejected. Some of the most common reasons include:

  1. Insufficient funds: If you don't have enough available funds to cover the purchase, the transaction may be declined.

  2. Suspicious activity: Banks have fraud detection systems in place that may flag certain transactions as potentially fraudulent. If this happens, the transaction may be declined until the bank can verify that the purchase is legitimate.

  3. Incorrect information: If you entered the wrong credit card number, expiration date, or CVV code, the transaction may be declined.

  4. Card expiration: If your card has expired, the transaction will be declined.

  5. Daily or Monthly limit reached: If you have reached your card limit, the transaction may be declined.

If your card has been rejected, you should contact your bank to find out the specific reason for the decline. They will be able to provide you with more information and help you resolve the issue.