What is security Fee?
The security fee of $10 is needed to be reserved in each user’s account to cover potential charges that may arise under specific conditions.
This amount is designated for the security fee. The bank imposes this fee when the card encounters specific situations, such as a declined transaction, a high refund, or a foreign transaction. Below are detailed explanations and examples to clarify these charges:
Transaction Declined: If a transaction is declined due to insufficient balance, we charge $1 from the security balance. It’s important to maintain sufficient funds in your account. If the security balance is depleted, you will need to add funds immediately to avoid any disruption. Frequent declines may result in the suspension of your card to protect against misuse and maintain account integrity.
Foreign Transaction: Our cards are denominated in USD. If you make a transaction in another currency, such as Euro, GBP, or INR, we charge $1 per transaction. This fee helps manage the costs associated with currency conversion and ensures smooth processing of international transactions. (except premium user)
High Refund: If a merchant issues a high refund to your card, a $1 fee is charged. This measure helps regulate refund processes and prevents abuse that could impact the stability of the card system. (Except premium user)
It is crucial to adhere to these rules to prevent irregular card usage, such as high refund rates and frequent declines, as well as other prohibited activities. These regulations are in place to ensure that the CardVCC platform can provide users with stable and efficient services.
At CardVCC.com, we are committed to offering secure and reliable financial solutions to our users. By following these guidelines, you can enjoy a seamless and trustworthy experience with our platform. Our goal is to serve our users with the highest standards of security and efficiency, fostering confidence and satisfaction in our services. Thank you for choosing CardVCC.com as your trusted financial partner.
Premium Membership Benefits
- No supplementary fees for transactions in any currency.
- Boundless card creation.
- Reduced card issuance fee of 1 percent.
- Entry to dedicated support channels.
- Entry to exclusive BINs.
- Cashback rewards.
How to Qualify: Once you deposit over $1,000, you will be automatically upgraded to a premium membership.
Additional Information: We do not charge for premium membership. You can use this balance to create cards or withdraw them at any time.
Should you have any questions or need further assistance, feel free to contact us.
Notice: We have only one website, which is cardvcc.com. There are lots of websites that clone us and are scams. So, don’t pay for any other website.