Credit card is constantly blocked by the algorithm – what to do?
My Visa credit card is constantly blocked by the bank's algorithm. This means that a new credit card with new information has to be issued and sent by mail.
Supposedly for security reasons, because "an online retailer reported a data theft."
The bank remains silent about which dealer or algorithm acts independently and the bank has no insight into this.
This is the second time since January. It happened a few years ago (three times in total). It's always the same reason. I constantly have to manually update my credit card information everywhere (Netflix, Spotify, you name it), otherwise I get a barrage of reminders.
If I knew which online retailer was constantly having data stolen, I would remove my data from them. But as it is, I'm still groping in the dark.
Does anyone have an idea?
What can I do? Change banks? Is it the bank's fault, or Visa's? Do other cards have less hypersensitive algorithms?
(3 votes)
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In the case of credit cats, it is usually the provider and not the bank, the bank is happy to have as little as possible to do with it to cash out the commission and have as little costs as possible. Hangs a bit off the bank, but many have only the real minimum of auditors on credit cards, only higher in the accounts.
A friend and I had the same problem when we were on vacation together. Various banks and even different credit card providers (Visa and Mastercard), but paid to a few identical stores. Which one it was, we never got out. From this we have learned and it always pays one for both and we are counting this apart, suddenly both to sit with locked cards there was really crap, fortunately I had a second card.
Moreover, it may even be that the subscription providers you mentioned are guilty, at least in Netflix and Spotify, there are regular problems with wrong data and accounts, could be good that visas are now energized by. Evtl. already helps if (if possible) you set it to Paypal or direct debit from the current account if they are the ones that trigger it.
I have 20 years of credit cards to date that is already 3 times that the credit card and the number had to be changed logically.
The data has landed somewhere in the darknet. my bank.
that may have happened somewhere when shopping in the store does not have to be online.
that doesn’t matter if Amex, MC or Visa