
Have you ever gone to swipe your card and it gets declined, even though you know you have plenty of money? It’s happened to my wife and me on several occasions. The latest purchase was a “luxury” comforter at Belk. Chase flagged our purchase because it was more than $500 and we’d just eaten a nice meal beforehand (hey, it was our anniversary!).
Banks have become more cautious in recent years, with scams and hacking at an all-time high. Now, they are using automated systems to detect anything that might seem a little suspicious. Even if you have done nothing wrong, your whole day could be ruined by this. These systems are put in place to protect you, but these eight relatively common things can get your account flagged.