Have you inserted a credit card or a debit card into an ATM machine, only for the ATM to eat it? If this has happened to you, you have probably blamed the ATM machine. However, it is not the ATM machine’s fault. Sometimes, it is our fault. To understand what we are talking about, here are some of the reasons why an ATM eats credit cards and debit cards:
When you insert the bank card in the card slot wrong, the ATM will be unable to read your card and process your transaction. It will swallow your bank card instead of returning it back to you.
You Have Insufficient Balance in Your Bank Account
At times, people may use their bank card without knowing the balance they have in their bank account. If they have insufficient balance or zero balance, the ATM machine may hold their bank card.
You Are Using a Faulty Bank Card
Your name is written on the magnetic strip, which you can find on the back of your bank card. The magnetic strip carries sensitive details that only an ATM machine knows how to read. In the event the magnetic strip becomes damaged or fades away, the ATM machine will be unable to read your bank card and eat it as a result.
You Are Using an Expired Card
Every bank card has an expiry date. If your bank card has crossed its expiry date, you should not use it to make a transaction. If you do use it, the ATM machine will eat it. Additionally, you should not use a blocked card or a reported card. The ATM machine will not return it to you if it senses that the bank card you are using to process a transaction is either blocked or reported.