A Complete Guide To Credit Card Decline Codes!
If you’ve ever been declined for a credit card, you know how frustrating it can be. Not only is it embarrassing, but it can also be a hassle trying to figure out why you were declined in the first place.
Luckily, there’s a helpful tool that can give you some insight into why your card was declined: decline codes.
Decline codes are numerical codes that credit card issuers use to describe why a card was declined. While each issuer has their own specific decline codes, they all usually fall into certain categories.
The most common reason for a credit card decline is insufficient funds. This simply means that you don’t have enough money in your account to cover the purchase.
If this is the case, you’ll need to either add more money to your account or use a different form of payment.
Other common reasons for declines include suspected fraud, incorrect card information, and expired cards. Suspected fraud usually happens when there’s been unusual or suspicious activity on your account.
If this is the case, you’ll need to contact your issuer to resolve the issue. Incorrect card information can happen if you accidentally enter the wrong number or expiration date when making a purchase.
If this happens, you’ll need to double-check your information and try again. An expired card simply means that your card has reached its expiration date and is no longer valid.
You’ll need to contact your issuer to get a new card.
If you’re ever declined for a credit card, don’t worry! Just ask for the decline code and use it as a way to troubleshoot the issue.
With a little bit of effort, you should be able to figure out why your card was declined and what you can do to prevent it from happening again in the future.