Declined code 59 is a common code that appears on your credit card statement when a transaction is declined. This code signifies that the issuer of your credit card has declined the transaction.
There are several reasons why a credit card issuer might decline a transaction, including:
- Insufficient funds: This is the most common reason for a declined transaction. Your credit card issuer may decline the transaction if you have insufficient funds available in your account to cover the purchase.
- Exceeding your credit limit: If you have reached your credit limit, your credit card issuer may decline transactions until you reduce your balance.
- Suspicious activity: If your credit card issuer suspects fraudulent activity, they may decline the transaction. This could be due to an unusual purchase pattern, multiple transactions in a short period, or a transaction made from a location far from your usual area.
- Account restrictions: Your credit card issuer may have placed restrictions on your account due to non-payment, suspicious activity, or other reasons.
- Technical issues: Sometimes, technical issues with your credit card issuer's system can cause transactions to be declined.
To resolve a declined transaction with code 59, you should contact your credit card issuer and inquire about the reason for the decline. They can provide you with more information about the specific reason for the decline and help you resolve the issue.
Here are some tips to avoid declined transactions:
- Monitor your account balance regularly: This will help you avoid exceeding your credit limit.
- Be aware of your spending habits: Try to avoid making multiple large purchases in a short period.
- Keep your contact information updated: This will ensure that your credit card issuer can reach you if there are any issues with your account.