Credit Card being charged everytime i reset my Apple id password, WHY?

The card issuer is wrong, you should contact them again - temporary store holding charges should be automatically removed by the card issuer : About payment card authorization holds in the iTunes Store - Apple Support

Authorization holds are removed by your card issuer after a short time. The exact time it takes to remove authorization requests varies by financial institution.

If you use a debit card, you might see authorization holds as charges on your online statement. These charges are automatically reversed by your financial institution.

If you have questions about the way your card handles authorization requests, contact your financial institution.

Hi Varun.

The charge which you are seeing you close to 1 USD is just an authorization hold. When ever you update or change your Apple ID billing information iTunes Store will place an authoirzation hold in order to check weather the card is active and has available funds for future transactions.

These charges you will be seeing in your online bank statement. But when you receive your billing cycle these charges will not be present.

Please refer the below article for more information.

About payment card authorization holds in the iTunes Store - Apple Support

The 'charges' are standard practice to check that the card details are correct and that the card is active.

If the 'charge' is not being removed from your card then contact your card issuer, they should automatically remove it (most card issuers do it within a few days).

(And you are talking to fellow users on these forums, not Apple nor iTunes Support.)

I have spoken to my issueer and they claim the should be credited back by iTunes. Now whom should we contact?