HT1918: Change or remove your payment information from your iTunes Store account (Apple ID)
Learn about Change or remove your payment information from your iTunes Store account (Apple ID)
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Helpful answers
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Jul 5, 2013 1:03 PM in response to The doggby matt00,Hey The dogg,
Thanks for the question, and welcome to Apple Support Communities.
I understand you are having issues adding payment information to your account. In my experience, this usually occurs due to two common reasons (though there may be more):
1) Your billing name or address does not match the address listed on your credit card statement. Any discrepancy in punctuation, abbreviation, or capitalization can cause errors, which might prevent you from purchasing from the iTunes Store. If you moved, or if your zip code changed recently, ask your credit card company to make sure their records are up to date and match exactly what you are entering as your billing information.
2) The payment information may be declined if there are insufficient funds to cover the initial authorization hold (equal to around $1 USD).
For more information, see the following helpful resources:
iTunes Store: How iTunes Store purchases are billed
http://support.apple.com/kb/HT5582
iTunes Store: Changing account information
http://support.apple.com/kb/HT1918
iTunes Store: My credit card's security code or zip code does not match my bank's records
http://support.apple.com/kb/TS1646
Thanks,
Matt M.