Nine Common Reasons Why Credit Cards are Declined
Credit Cards are declined for a number of reasons. Below is a list of common reasons why credit cards are declined:
- Card has expired
- Exceeded the number of transactions per day
- Exceeded the number of transactions per month
- Exceeded the daily limit ($)
- Exceeded the monthly limit ($)
- Exceeded the limit for an individual purchase ($)
- New balance has not yet updated ($)
- Card has been frozen for fraudulent/ suspicious activity
- Card is recorded as stolen/lost
Expired Credit Card
An expired credit card is the most common reason for a declined card. It’s important to keep your credit card number, expiry date and card verification code (CVC) up-to-date.
Get in Contact with your Bank
Our records do not indicate in detail why a credit card was declined. Tenants must contact their bank to resolve this issue.
Update Credit Card Information
To update credit card information see How Do I Update My Billing Information
Comments